Andrews and Dupratt Elected to Head First
Northern Community Bancorp's BoardAt the recent
Organization Meeting of the Board of Directors of First Northern
Community Bancorp and First Northern Bank (the single bank
subsidiary of First Northern Community Bancorp), Frank J. Andrews,
Jr. was elected to the position of Chairman and Greg DuPratt was
elected Vice Chairman.
They bring to their new positions 17 years of combined
directorship experience with First Northern. Andrews has served on
the Board since April 1993, and DuPratt since July 1996. Andrews
was Vice Chairman of the Board in 2002 and currently serves on the
Directors’ Loan Committee and Management Committee. DuPratt
currently serves on the Directors’ Loan, Marketing, Audit and
Compensation Committees, as well as the Bank’s Information
Services Steering Committee.
Andrews is a veteran of the land development community, with a
career spanning over 36 years. Currently, he is the founder and
Managing Partner of ASB Properties, a company he created in 1999
to manage large-scale land development projects. Past and current
projects include both Bridgeway Island and Bridgeway Lakes in West
Sacramento, California.
Since 1991, he has also been the managing partner of Andrews,
Lando and Associates a development company involved in real estate
investments and agricultural ventures. Through Andrews, Lando and
Associates, Mr. Andrews has managed the first three phases of Gold
Ridge, a 1,300-unit project in Fairfield, California and is in the
process of completing the fourth phase. Other projects include the
River View Point, a 290-unit residential development in Rio Vista,
California as well as the Blue Ridge Oaks residential subdivision
located in Fairfield and two major quarries, one in Napa and the
other in Suisun City. In addition, he has also been involved in
land development projects in the Phoenix, Arizona area.
Prior to forming Andrews, Lando and Associates and ASB Properties,
Mr. Andrews began his career working for Amos and Andrews, Inc., a
course that lasted 25 years. During that time he worked his way up
to the position of Vice President and Superintendent of
Underground Construction as well as managed his family’s extensive
real estate holdings. In this capacity, Mr. Andrews acted as Lead
Project Director for the Rancho Solano Development, an upscale
1,200-unit planned community in Fairfield. He was also the founder
and President of the land development company, Andrews Management
Services Company, Inc.
Mr. Andrews is a former President of the Solano Economic
Development Corporation and past President of the Solano County
Farmlands and Open Space Foundation.
DuPratt, who has a bachelor’s degree in Agriculture Economics and
Business Management from UC Davis and a Master of Business
Administration from University of Southern California, is Vice
President/General Manger of Ron DuPratt Ford, a family auto
business located in Dixon, California. DuPratt joined his father
in business in 1979 and has worked in all phases of the company
including parts, service, body shop and sales. Mr. DuPratt became
Sales Manager in 1985 and moved to the position of General Manager
in 1994.
The Ron DuPratt Ford dealership has been awarded the Ford
President’s Award for Quality eight times in the seventeen years
it has been awarded. The award is Ford’s highest honor and is
given to the top one percent of Ford dealers. The DuPratt auto
business has tripled in the last seven years, necessitating
physical property expansion at the dealership four times during
that period.
Mr. DuPratt is a member of the Dixon Downtown Revitalization
Committee and Dixon Downtown Business Association; he is past
President and board member of the Dixon Rotary Club, past Chairman
of the Board of Trustees Silveyville Cemetery District and past
board member of the Dixon Chamber of Commerce.
The Bank’s other directors, and their respective year of
directorship are: Lori J. Aldrete – 1995, John M. Carbahal – 1996,
John F. Hamel – 1975, Diane P. Hamlyn – 1985, Foy S. McNaughton –
2000, Owen "John" Onsum – 1996, and David W. Schulze – 1978.
First Northern Bank, an independent community bank headquartered
in Solano County since 1910, serves Solano, Yolo and parts of
Sacramento, Placer and El Dorado Counties. First Northern
currently has 10 branches located in Dixon, Davis, West
Sacramento, Fairfield, Vacaville, Winters, Woodland, Suisun City
and Downtown Sacramento. First Northern Bank has Real Estate Loan
Offices in Davis, Vacaville, Roseville and El Dorado Hills, and an
SBA Loan Department and Trust Department in Sacramento. In
mid-August 2003, the Bank will open a full service real estate
loan office in Woodland. First Northern offers a wide range of
SBA, real estate, commercial, agricultural and consumer loans, as
well as a full array of non-FDIC insured investment and brokerage
products and services. The Bank can be found on the Web at
www.thatsmybank.com. The Company’s ticker symbol
is FNRN.
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.
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