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The latest announcement is out from First Northern Community Bancorp ( (FNRN) ).
First Northern Community Bancorp reported a third-quarter net income of $5.5 million, marking an 18.8% increase compared to last year. Despite a slight year-to-date decline in net income, the bank saw growth in total assets and net loans, driven by commercial and residential mortgage sectors. The company resolved a major non-performing loan, enhancing its financial health and boosting shareholder value through a rise in book value per share. The bank remains well-capitalized, maintaining strong financial resilience.
See more data about FNRN stock on TipRanks’ Stock Analysis page.