Carbahal and McNaughton Elected to Lead the Board of First Northern Community Bancorp

Carbahal and McNaughton Elected to Lead the Board of First Northern Community Bancorp

DIXON, Calif.--(BUSINESS WIRE)-- First Northern Community Bancorp (ticker symbol FNRN: OTCQB), holding company for First Northern Bank, today announced that at the May 16, 2013 Organization Meeting of the Board of Directors of First Northern Community Bancorp and First Northern Bank, John M. Carbahal was elected to a 3-year term as Chairman and Foy S. McNaughton was elected to a 1-year term as Vice Chairman. They bring to their new positions 30 years of combined directorship experience with First Northern.

John M. Carbahal Chairman of the Board (Photo: Business Wire)

John M. Carbahal Chairman of the Board (Photo: Business Wire)

Carbahal has served on the Board since July 1996. He was named Vice Chairman of the Board in 2009 and currently serves on the Directors' Audit, Compensation, and Loan Committees, and is Chairman of Directors' Nominating & Corporate Governance Committee. McNaughton has served on the Board since 2000 and currently serves as Chairman of the Directors' Audit Committee and as a member of both the Loan and Compensation Committees.


Carbahal is a Certified Public Accountant and co-founder of Carbahal & Company, Inc., an Accountancy Corporation located in Davis, Calif. For the past 29 years, Carbahal & Company has been named as one of the Top 25 Accountancy Firms in the Sacramento area by the Sacramento Business Journal. Carbahal earned a B.S. in Business Administration from California State University, Chico and an MBA in Taxation from Golden Gate University in San Francisco.

Carbahal is a member of the Davis Sunrise Rotary Club, past president of the Winters Rotary Club, and a member of the California Society of Certified Public Accountants, as well as the American Institute of Certified Public Accountants. He has served as president of the Yolo County Chamber of Commerce, past president of the Yolo County Land Trust, and past board member for both the California Bicycle Museum and the U.S. Bicycle Hall of Fame. Carbahal is also a former community college accounting instructor. Carbahal's professional affiliations include memberships in Beta Alpha Psi, a national accounting fraternity, and the Yolo County Farm Bureau.

McNaughton is the President and Chief Executive Officer of McNaughton Newspapers, a group of community newspapers that include the Davis Enterprise, Daily Republic (Fairfield), Mountain Democrat (Placerville), Winters Express and Life Newspapers (El Dorado County). He also serves as the company's Chief Financial Officer. McNaughton has served on the board of directors of many community groups such as the Davis and Fairfield Chambers of Commerce and Rotary Clubs. He is past president of the Travis Regional Armed Forces Committee, Sutter Davis Hospital and the Fairfield Community Services Foundation.

First Northern's other directors, and the year in which they joined the Board, are: Lori J. Aldrete - 1995, Frank J. Andrews Jr. - 1993, Patrick R. Brady - 2013, Gregory DuPratt - 1996, Diane P. Hamlyn - 1985, Richard M. Martinez - 2011, Owen J. Onsum - 1996, David W. Schulze - 1978, and Louise A. Walker - 2011.

First Northern has 10 full service branches located in Dixon, Davis, West Sacramento, Fairfield, Vacaville, Winters, Woodland, Downtown Sacramento, Roseville, and Auburn. The Bank has a full-service Trust Department in Sacramento, and in April 2013, it opened a commercial lending office in Walnut Creek. The Bank also offers 24/7 real estate mortgage loans, SBA loans, and non-FDIC insured investment & brokerage services at each branch location. Real Estate Mortgage Loan offices are located in Davis and Roseville, and real estate loan representatives are available to meet customers at any of the Bank's branches by appointment. The Bank specializes in relationship banking and employs experts in the area of small business, commercial, agribusiness, and real estate lending, as well as wealth management, and is rated as a "Superior" 5-Star Bank by BauerFinancial Inc. (www.bauerfinancial.com). The Bank can be found on the Web at www.thatsmybank.com.

Forward-Looking Statements

This press release may include certain "forward-looking statements" about First Northern Community Bancorp (the "Company"). These forward-looking statements are based on management's current expectations and are subject to certain risks, uncertainties and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about these risk factors is contained in the Company's most recent reports filed with the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's most recent reports on Form 10-K and Form 10-Q. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances arising after the date on which they are made. For further information regarding the Company, please read the Company's reports filed with the SEC and available atwww.sec.gov.



First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate Communications

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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