Core Insights - First Northern Community Bancorp has appointed Jean-Luc Servat to its Board of Directors, effective February 1, 2026, enhancing the Board's expertise in corporate strategy and capital markets [1][3] Group 1: Appointment and Experience - Jean-Luc Servat is the Founder of Panoramic Capital Advisors Inc., where he advised over ten organizations and executed 23 transactions valued at more than $2.6 billion, primarily in the banking sector [2] - Servat has 45 years of experience in investment banking, having held leadership positions at Merrill Lynch and Royal Bank of Canada, advising on over 120 transactions and raising over $70 billion in capital [3] Group 2: Strategic Importance - The addition of Servat is expected to provide valuable insights into evaluating growth opportunities and enhancing long-term shareholder value, aligning with the company's balanced approach to growth [3] - His extensive experience in acquisitions and capital markets will strengthen the Board's oversight and strategic guidance, particularly in capital allocation and disciplined growth [3][4] Group 3: Company Overview - First Northern Bank, established in 1910, is an independent community bank serving multiple counties in California, specializing in relationship banking and various lending services [5] - The bank is recognized as a Veribanc "Green-3 Star Blue Ribbon" Bank and a "5-Star Superior" Bank by Bauer Financial for the earnings period ended September 30, 2025 [5]
First Northern Community Bancorp Appoints Jean-Luc Servat to Board of Directors