Form 8-K Press Release FNB Announces Andrew Wallace as New Director
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report January 26, 2007
(Date
of
earliest event reported)
First
Northern Community Bancorp
(Exact
name of registrant as specified in its charter)
|
California
|
68-0450397
|
|
(State
of Incorporation)
|
(IRS
Employer ID Number)
|
000-30707
(Commission
File No.)
|
First
Northern Community Bancorp
195
North First Street, P.O. Box 547, Dixon, California
|
95620
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
(707)
678-3041
(Registrant’s
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01 Other Events
On
January 26, 2007, Owen J. Onsum, President and CEO announced the appointment
of
Andrew S. Wallace to First Northern Community Bancorp’s and First Northern
Bank’s Board of Directors. Mr. Wallace’s appointment to the Board will increase
the number of Directors to ten.
Item
9.01 Exhibits
EXHIBIT
99.1
News Press Release dated January 26, 2007
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date:
January 26, 2007 First
Northern Community Bancorp
(Registrant)
By: _/s/Louise
A. Walker________
Louise
A.
Walker
Senior
Executive Vice President
Chief
Financial Officer
EXHIBIT
99.1
PRESS
RELEASE
FOR
IMMEDIATE RELEASE
Contact: Kimberly
A. DeBra January
26, 2007
SVP/Corporate
Communications With
Photo
FIRST
NORTHERN BANK
P.O.
Box
547
Dixon,
California
(707)
678-3041
First
Northern Bank Announces Andrew Wallace as New Director
Dixon,
California - Owen
J.
Onsum, President and CEO of First Northern Bank, has announced the appointment
of Andrew Scott Wallace to the Bank’s Board of Directors. With the addition of
Wallace, the number seated on the Board will increase from nine to ten
directors.
Wallace,
43, is Chief Financial Officer and Chief Operating Officer of Wallace-Kuhl
&
Associates, Inc., a premier professional services firm headquartered in West
Sacramento. Wallace-Kuhl performs geotechnical engineering, environmental
consulting, construction testing, and inspection services. Founded in 1984,
Wallace-Kuhl today employs a staff of 200 with offices located in Yolo, Placer
and San Joaquin counties. “I am very much looking forward to serving on the
Board of Directors for such a highly respected community bank that’s been
locally owned and operated for 97 years,” stated Wallace. “First Northern Bank
has a genuine commitment to remaining an independent bank as the benefits to
the
community are several-fold. The Bank’s mission is to give back to its
communities, help its business customers grow and prosper, be regarded as an
employer of choice in the region, and continuously seek ways to increase
shareholder value.”
Wallace’s
professional and civic affiliations include serving on the Board of Directors
of
Presidio Insurance Company LTD and the Board of Directors of the West Sacramento
Chamber of Commerce, where he is the incoming 2007 President. Wallace is a
member and past President of the Board of Directors of the Rotary Club of West
Sacramento, and also serves as a Director for the West Sacramento Rotary
Foundation and the Delta Elementary Charter School. Currently a Youth Group
Counselor for Clarksburg Community Church, Wallace, himself an Eagle Scout,
also
served as a Cub Master for the Boy Scouts of America from
1997-2004.
Wallace
resides in Clarksburg with his wife Debbie and their two sons.
The
other
members of the Bank’s Board of Directors include: Frank J. Andrews, Jr. of
Fairfield (Chairman), Greg DuPratt of Dixon (Vice Chairman), Lori J. Aldrete
of
Sacramento, John Carbahal of Winters, John F. Hamel of Davis, David S. Schulze
of El Macero, Diane P. Hamlyn of Sacramento, Foy McNaughton of Fairfield, and
Owen J. Onsum of Dixon.
First
Northern Bank, an independent community bank headquartered in Solano County
since 1910, serves Solano, Yolo, Sacramento, Placer and parts of El Dorado
counties. First Northern currently has 12 branches located in Dixon, Davis,
West
Sacramento, Fairfield, Vacaville, Winters, Woodland, Suisun City, Downtown
Sacramento, Roseville and most recently in Folsom. The Bank has real estate
lending offices in Davis, Woodland, Vacaville, Roseville and Folsom, and has
an
SBA Loan Office and full service Trust Department in Sacramento. First Northern
also offers non-FDIC insured Investment and Brokerage Services at each branch
location. First Northern Bank’s stock is listed on the OTC Bulletin Board under
the ticker symbol “FNRN”. 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 at www.sec.gov.
XXX