First Northern in California Appoints New Chairman

By Chris Cumming May 22, 2013, 9:04 a.m. EDT 1 Min Read

Community banking

First Northern in California Buys Back Tarp Warrant

First Northern Community Bancorp in Dixon, Calif., said Monday that it had exited the Troubled Asset Relief Program after repurchasing a stock warrant from the Treasury Department.

By Jackie Stewart

November 21

The board of First Northern Community Bancorp (FNRN) in Dixon, Calif., has elected new leadership.

John Carbahal, who had been the company's vice chairman, was promoted to chairman during a May 16 meeting, the $831 million-asset company said Tuesday. He succeeded Gregory DuPratt, who remains on the board.

Carbahal, co-founder of an accounting firm, has been a director since 1996 and was appointed to serve as vice chairman in 2009. He has served on the board's audit, compensation and loan committees.

Foy McNaughton, who has been a First Northern director since 2000, succeeded Carbahal as vice chairman. McNaughton is president and chief executive of NcNaughton Newspapers.

Chris Cumming

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