California bank CEO to retire after 12 years at the helm

Louise Walker, president and CEO of First Northern Community Bancorp in Dixon, California, will retire at the end of 2022.  

The $1.9 billion-asset company, which operates as First Northern Bank, said its chief operating officer, Jeremiah Smith, will succeed Walker as president and CEO on Jan. 1, 2023.

“It has been an absolute privilege and honor to serve First Northern Bank’s customers, employees, and community members for over 43 years,” Walker said in a press release. “After 12 years as CEO, navigating some of the most challenging times during my career, it seems about as right as it can be to make this transition.”

She noted that Smith has worked at First Northern for 19 years.

Walker will remain on the boards of both the bank and its parent company. Smith will join both boards at the start of 2023.

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