From: Kimberly DeBra
VP Corporate Communications
& Marketing |
July 21, 2003 |
First Northern Bank to Open Real Estate
Loan Office in Woodland
First Northern Bank today announced its plans to open a full
service real estate loan production office in Woodland. The new
loan office is expected to open in mid-August and will be located
within the same commercial office complex as the Bank’s Woodland
Branch. The address for the Bank’s new Real Estate Loan Office
will be 30 W. Main Street, Suite A, Woodland, California 95695.
First Northern Bank’s history of servicing the Woodland community,
coupled with the continued growth of the Woodland housing market
prompted this decision to expand the Bank’s real estate loan
service for the community. The Bank ranks among the top local real
estate loan producers in Yolo and Solano County.
Experienced real estate loan professionals currently located at
the Bank’s Davis Real Estate Loan Office, Davis Branch and
Woodland Branch will be the core team to begin the new Woodland
Real Estate Loan Office. The team includes: Doug Shepard, Vice
President/Manager; Tom McLaughlin, Tanya McKay and Lori Bradford,
Real Estate Loan Representatives; and Kathy Dozier and Hanna
Ruport, Loan Processors. All employees staffing the new Woodland
Real Estate Loan Office reside in Woodland, except Kathy Dozier,
who lives in Winters.
The new office will be the Bank’s fifth full service real estate
loan production office that originates, processes, underwrites and
funds a full range of residential, construction, and commercial
real estate loan products. First Northern also has the ability to
broker loans through a network of wholesale lenders, giving
customers an even greater variety of loan products. The Bank’s
other real estate loan offices are located in Davis, Vacaville,
Roseville and El Dorado Hills. Real Estate Loan Representatives
also serve customers on a full-time basis at First Northern Bank’s
West Sacramento, Fairfield and Suisun City Branches, as well as by
appointment at the Bank’s other branches.
First Northern Bank, a wholly owned subsidiary of First Northern
Community Bancorp (FNRN), is a state-of-the-art independent
community bank established in 1910. The Bank serves Yolo, Solano,
Sacramento, Placer and El Dorado Counties. First Northern has ten
branches located in Woodland, Davis, West Sacramento, Winters,
Fairfield, Vacaville, Suisun City, Dixon and Sacramento. The Bank
has an SBA Loan Office and an Asset Management & Trust Department
in Sacramento. In addition to providing traditional banking
products and services, First Northern Bank offers non-FDIC insured
Investment and Brokerage Services at each branch location. The
Bank can be found on the Web at
www.thatsmybank.com.
The following appears in accordance with the Private Securities
Litigation Reform Act of 1995. This document may include certain
"forward-looking statements" about the Company. These statements
are based on management's current expectations and are subject to
uncertainty 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 those factors is
contained in First Northern'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
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 First Northern's most recent reports on Form
10-K and Form 10-Q. First Northern disclaims any intent or
obligation to update these forward-looking statements.
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