First Northern Q3 net income climbs 31% quarter-on-quarter to $6.2 million
FNRN•First Northern Community Bancorp reported third-quarter 2026 net income of $6.2 million, up year-over-year. Net interest income rose 15% to $19.37 million, while non-interest expense increased 7% to $12.71 million.
1. Quarterly results
First Northern Community Bancorp’s third-quarter 2026 net income rose year-over-year to $6.2 million. Net interest income increased 15% year-over-year to $19.37 million, primarily driven by increased recognized nonaccrual interest income.
2. Platform upgrade costs
Non-interest expense rose 7% year-over-year to $12.71 million, with core banking upgrade investments contributing to the increase. The core banking platform upgrade was completed October 13, and additional project costs are expected in the fourth quarter.
