First Northern Community Bancorp (FNRN) executive compensation, 2026 proxy

Jeremiah Z. Smith, President, Chief Executive Officer and Director of the Bank and Company, was paid $931,888 in 2025, up 12% from $831,346 the year before.

Filed
April 9, 2026
Annual meeting
May 19, 2026
Pay year
2025
Named executives
3
CEO total pay
$931,888+12% vs prior year
CEO pay in equity
15%$139,300 in awards
Prior say-on-pay support
92%of votes cast
CEO Base Salary
$500,175Annual base salary
CEO Target Bonus
40.0%Percentage of base salary
CFO Discretionary Bonus
$50,000Special recognition award

How Smith was paid

$931,888 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary54%Stock awards15%Non-equity incentive12%All other compensation19%

Named executive officers

ExecutiveTotal
Jeremiah Z. SmithPresident, Chief Executive Officer and Director of the Bank and Company$931,888
Brett HamiltonExecutive Vice President, Chief Credit Officer of the Bank and Company$490,044
Kevin SpinkExecutive Vice President, Chief Financial Officer of the Bank and Company$530,660

What changed and why

  • $932KCEO Jeremiah Z. Smith received total compensation of $931,888 in 2025, an increase from $831,346 in 2024.
  • $50,000Kevin Spink received a special discretionary bonus of $50,000 for work on a tax credit and acquisition.
  • Non-equity incentive metrics included Asset Quality, Efficiency Ratio, Return on Equity, and Overall Quality Loan Growth.
  • The company used McLagan as its independent compensation consultant.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.