# First Northern Community Bancorp

First Northern Community Bancorp is an Asset Manager based in Dixon, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dixon, United States
- **Region:** North America
- **Address:** Dixon, CA, United States
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** thatsmybank.com

## Regulatory record

- **Reports private funds:** No

## About

First Northern Community Bancorp was formed in 2000 as the holding company for First Northern Bank, an institution originally chartered as the Dixon National Bank in 1910. The executive team is led by President and CEO Jeremiah Z. Smith, with the bank operating eleven branches stretching from West Sacramento to Auburn. The wealth-generation story here is not a family exit but a century of retained earnings and deposit-franchise growth within one of California's most stable exurban corridors. Investment posture is dictated by the institution's charter as a community bank. The balance sheet — totaling over $2 billion in assets as of recent disclosures — is deployed across a traditional mix of residential and commercial real estate loans, agricultural lending to Yolo and Solano county operators, and a securities portfolio dominated by government-agency and mortgage-backed instruments. Unlike a family office, the bank maintains no private-equity allocation to speak of; its capital deployment is constrained by regulatory liquidity requirements and the credit needs of its deposit base rather than a pursuit of absolute return. No direct venture-capital or hedge-fund co-investment activity is publicly recorded. The holding company provides a layer of strategic flexibility, but the operation remains lean. Following the retirement of former CEO Louise Walker in 2021, Smith assumed the top role, maintaining continuity on the lending side. The firm has not spun out adjacent wealth-management or philanthropic vehicles separate from the bank's own trust-services division, a notable absence at a scale where many regional banks launch dedicated family-office-style advisory units. What structurally differentiates First Northern Community Bancorp is the straightforwardness of its funding model. It is not a multi-generational wealth pool with a CIO searching for uncorrelated returns; it is a deposit-funded lender whose investment horizon is measured in loan terms, not fund vintages. The holding company structure does create a legal separation between banking operations and any potential capital-markets activity, but to date no evidence suggests it has been used for anything beyond routine oversight of the subsidiary bank.

## Sectors

- Financial Services
- Community Banking

## People

- Jeremiah Z. Smith — President & Chief Executive Officer

## Questions

### Who runs investment decisions at First Northern Community Bancorp?

Investment decisions at the holding-company level fall under CEO Jeremiah Z. Smith. Within the subsidiary bank, the treasury and ALCO (Asset-Liability Committee) manage the securities portfolio per a board-approved investment policy that prioritizes liquidity, safety, and regulatory compliance over total return.

### What is the scale and geographic footprint of the underlying bank?

First Northern Bank operates eleven branches across Solano, Yolo, Placer, and Sacramento counties, with total assets exceeding $2 billion. Its lending is concentrated in commercial and residential real estate and agricultural finance within Northern California's Central Valley corridor.

### Does First Northern offer trust, wealth management, or family-office services?

The bank maintains a trust-services division that provides estate administration, custody, and fiduciary services for local clients. However, this is a traditional community-bank trust department, not a branded multi-family office or independent RIA subsidiary.

### What succession or governance structure is in place?

CEO Jeremiah Z. Smith assumed the role after the retirement of former CEO Louise Walker in 2021. The holding-company board oversees governance, with the bank's ALCO chaired by senior treasury and lending officers. No next-generation family transition applies, given the institution's public-company structure.

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Last updated: 2026-08-11T02:43:31.692Z

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