First Northern Community Bancorp Management
Management criteria checks 3/4
First Northern Community Bancorp's CEO is Jeremiah Smith, appointed in Jan 2023, has a tenure of 2.08 years. total yearly compensation is $1.04M, comprised of 45.8% salary and 54.2% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $1.10M. The average tenure of the management team and the board of directors is 2.1 years and 13 years respectively.
Key information
Jeremiah Smith
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 45.8% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.1yrs |
| Board average tenure | 13yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$20m |
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$20m |
| Mar 31 2024 | n/a | n/a | US$20m |
| Dec 31 2023 | US$1m | US$475k | US$22m |
| Sep 30 2023 | n/a | n/a | US$19m |
| Jun 30 2023 | n/a | n/a | US$19m |
| Mar 31 2023 | n/a | n/a | US$18m |
| Dec 31 2022 | US$694k | US$331k | US$16m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$14m |
| Dec 31 2021 | US$597k | US$315k | US$14m |
| Sep 30 2021 | n/a | n/a | US$14m |
| Jun 30 2021 | n/a | n/a | US$13m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | US$609k | US$309k | US$12m |
| Sep 30 2020 | n/a | n/a | US$12m |
| Jun 30 2020 | n/a | n/a | US$13m |
| Mar 31 2020 | n/a | n/a | US$13m |
| Dec 31 2019 | US$529k | US$292k | US$15m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$14m |
| Mar 31 2019 | n/a | n/a | US$14m |
| Dec 31 2018 | US$534k | US$275k | US$13m |
Compensation vs Market: Jeremiah's total compensation ($USD1.04M) is about average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Jeremiah's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jeremiah Smith (48 yo)
2.1yrs
Tenure
US$1,036,734
Compensation
Mr. Jeremiah Z. Smith serves as Chief Executive Officer, President & Director and of First Northern Community BanCorp., and First Northern Bank of Dixon since January 1, 2023. He served as Senior Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.1yrs | US$1.04m | 0.73% $ 1.1m | |
| Executive VP & CFO | 7yrs | US$524.66k | 0.26% $ 388.7k | |
| Executive VP & Chief Information Officer | no data | no data | 0.25% $ 379.2k | |
| VP & Corporate Secretary | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | no data | |
| Senior VP & Operations Administrator | 1.3yrs | no data | no data | |
| Executive VP & Chief Credit Officer | less than a year | no data | no data | |
| Executive VP & Senior Loan Officer | 14.1yrs | US$317.56k | 0.65% $ 981.7k |
2.1yrs
Average Tenure
48yo
Average Age
Experienced Management: FNRN's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.1yrs | US$1.04m | 0.73% $ 1.1m | |
| Independent Director | 25.1yrs | US$34.00k | 0.32% $ 478.9k | |
| Independent Director | 25.1yrs | US$31.00k | 0.80% $ 1.2m | |
| Independent Director | 25.1yrs | US$32.00k | 0.68% $ 1.0m | |
| Director | 14.1yrs | US$30.50k | 1.29% $ 2.0m | |
| Independent Vice Chairman of the Board | 13.9yrs | US$30.50k | 0.44% $ 671.5k | |
| Independent Director | 12.1yrs | US$36.70k | 0.050% $ 75.5k | |
| Independent Director | 7.9yrs | US$27.50k | 4.45% $ 6.7m | |
| Independent Director | 9yrs | US$33.00k | 0.080% $ 120.7k | |
| Independent Chairman of The Board | 8.3yrs | US$35.40k | 0.042% $ 63.1k |
13.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: FNRN's board of directors are seasoned and experienced ( 13 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 07:13 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
First Northern Community Bancorp is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.