Released on = September 25, 2006, 12:51 pm

Press Release Author = First Northern Bank - Site Author: Richard Jordana

Industry = Financial

Press Release Summary = First Northern Community Bancorp 2nd Quarter Earnings Report
Franchise Expanding into Folsom

Press Release Body = First Northern Community Bancorp (the "Company", ticker symbol
FNRN), holding company for First Northern Bank ("First Northern" or the "Bank"),
today announced earnings through the second quarter of 2006. Year-to-date net
income as of June 30, 2006 was reported at $4.70 million, up 16.9% over the $4.02
million earned in the same fiscal period last year. Diluted earnings per share for
the six months ended June 30, 2006 was $0.57, up 16.7% from the $0.48 reported last
year (all 2005 per share earnings have been adjusted for a 6% stock dividend issued
March 31, 2006). Annualized Return on Average Assets for the period ended June 30,
2006 was 1.41%, compared to 1.27% for the same period in 2005. Annualized Return on
Beginning Core Equity was 16.57%, compared to 15.77% one year ago.

Total assets at June 30, 2006 were $652.5 million, an increase of $20.8 million, or
3.3% from prior-year second quarter levels. Total deposits of $576.5 million
increased $18.2 million or 3.3% compared to June 30, 2005 figures. During that same
period, total net loans (including loans held-for-sale) increased $32.9 million, or
7.3%, to $485.3 million.

Net income for the quarter ended June 30, 2006 was $2.29 million, down 1.3% from the
$2.32 million earned in the same period in 2005. (Second quarter 2005 net income
was increased through a $265 thousand, net of tax, recovery of provision for loan
losses from a prior period.) Diluted earnings per share for the quarter was $0.28,
which matched the $0.28 per diluted share earned a year ago.

Owen "John" Onsum, President and CEO stated, "The Company's net income figures are
very strong at $2.29 million for the quarter and $4.70 million at the mid-year mark.
We are pleased to announce the opening of our sixth Real Estate Loan Office in
Folsom at 2360 East Bidwell Street. The Company will also open an Investment &
Brokerage Services office and a full service bank branch at the same address later
this summer. The team of financial experts who will be staffing the Company's
Folsom offices are residents of the local area and look forward to bringing First
Northern's brand of banking and financial services to the rapidly growing city."

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 11 branches located in Dixon, Davis, West Sacramento,
Fairfield, Vacaville, Winters, Woodland, Suisun City, Downtown Sacramento and
Roseville. The Bank has real estate lending offices in Davis, Woodland, Vacaville,
Roseville, Folsom and El Dorado Hills, 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. 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.


Web Site = http://www.thatsmybank.com

Contact Details = Site Author: Richard Jordana