Released on = February 5, 2007, 8:06 am

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

Industry = Financial

Press Release Summary = First Northern Bank - 4th Quarter Earnings Report 2007 -
Board Declares 6% Stock Dividend

Press Release Body = PRESS RELEASE
FOR IMMEDIATE RELEASE

Contact: Owen J. Onsum January 31, 2007
President & CEO
FIRST NORTHERN COMMUNITY BANCORP
& FIRST NORTHERN BANK
P.O. Box 547
Dixon, California
(707) 678-3041

First Northern Community Bancorp - 4th Quarter Earnings Report

Board Declares 6% Stock Dividend
Dixon, California - 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 fourth quarter of 2006. Year-to-date net income as of
December 31, 2006 was reported at $8.81 million, up 1.4% over the $8.69 million
earned in the
same fiscal period last year. Diluted earnings per share for the twelve months ended
December 31, 2006 was $0.99, up 1.0% from the $0.98 reported last year. Annualized
Return
on Average Assets for the period ended December 31, 2006 was 1.32%, compared to
1.35% for
the same period in 2005. Annualized Return on Beginning Core Equity was 15.84%,
compared
to 17.06% one year ago.

Total assets at December 31, 2006 were $685.2 million, an increase of $24.6 million,
or 3.7%
over year-end 2005. Total deposits of $604.4 million increased $22.6 million or 3.9%
compared
to December 31, 2005 figures. During that same period, total net loans (including
loans heldfor-
sale) increased $19.5 million, or 4.2%, to $480.0 million.

Net income for the quarter ended December 31, 2006 was $2.07 million, down 8.4% from
the
$2.26 million earned in the same period in 2005. Diluted earnings per share for the
quarter
was $0.24, compared to $0.25 per diluted share earned a year ago.

At their regular meeting on January 25, 2007, the Board of Directors of First Northern
Community Bancorp declared a 6% stock dividend, payable March 30, 2007 to shareholders
of record as of February 28, 2007. All income per share amounts have been adjusted
to give
retroactive effect to the stock dividend. This dividend represents the 42nd
consecutive year
the Company has paid a stock dividend.

Owen "John" Onsum, President and CEO stated, "Overall we're quite pleased with our
2006 results. The rising interest rate environment and housing market slowdown
certainly
make achieving growth projection numbers more difficult. Yet net income, total assets,
deposits, loans and diluted earnings per share, all showed positive gains for the
year. We
attribute our positive results to solid commercial loan growth, strong gains in money
market deposits, and increased non-interest income stemming from mid-year product
repricing."

First Northern Bank, an independent community bank headquartered in Solano County
since 1910, serves Solano, Yolo, Sacramento, Placer and the west slope of El Dorado
County. First Northern has 12 branches located in Dixon, Davis, West Sacramento,
Fairfield, Vacaville (2), Winters, Woodland, Suisun City, Downtown Sacramento,
Roseville,
and Folsom, and has an SBA Loan Office and full service Trust Department in Sacramento.
First Northern Bank 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.
XXX

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

Contact Details = 195 N. First St.
Dixon, CA
95620