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Company type | Public |
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OTCQB: FNRN | |
Industry | Banking |
Founded | 1910 |
Headquarters | Dixon, California |
Area served | Auburn, Davis, Dixon, Fairfield, Rancho Cordova, Roseville, Sacramento, Vacaville, Walnut Creek, West Sacramento, Winters, Woodland, Colusa, Orland and Willows |
Key people | Louise A. Walker, President & CEO John M. Carbahal, Chairman of the Board |
Number of employees | 230-250 |
Website |
www |
First Northern Bank is a community bank with headquarters in Dixon, California, [1] United States founded in 1910. The bank serves Solano, Yolo, Sacramento, Placer, El Dorado, Glenn, and Colusa counties with ten full service branches.
The Bank's portfolio of loan includes commercial loans, agriculture loans, real estate mortgage loans, and real estate construction loans. Its primary lending focus is on commercial (including agricultural), construction and real estate mortgage. [2]
FDIC Insured since January 1, 1934 [3]
One of only 10 banks in California over 100 years old. [4]
First Northern Bank opened for business on February 1, 1910. [5] On January 20 of that year, 25 men and women organized the state-chartered savings bank, Northern Solano Bank. Henry R. Timm of Dixon was elected the first president of the newly organized Northern Solano Bank.
On January 2, 1912, the Bank received approval of its application to establish the First National Bank of Dixon, a commercial bank. In 1954, the Comptroller of the Currency gave final approval to consolidate First National Bank and Northern Solano Bank into the First National Bank of Dixon, effective as of the close of business Friday, April 8, 1955. On January l, 1980, the Federal Charter was relinquished in favor of a State Charter, and the Bank's name was changed to First Northern Bank of Dixon. [6]
In 2008, First Northern Bank begun its large project of installing 1,675 photovoltaic solar panels (26,767 sq ft, more than half an acre total) atop four of their bank buildings. Combined, these systems have a generating capacity of approximately 296 kilowatts of electricity. [7]
In 2023, First Northern Bank acquired 3 branches from Columbia Bank, located in Glenn and Colusa counties. [8]
California