FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * ONSUM OWEN J   2. Issuer Name and Ticker or Trading Symbol FIRST NORTHERN COMMUNITY BANCORP [FNRN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President/CEO (Last) (First) (Middle) P.O. BOX 547, 195 N. FIRST STREET 3. Date of Earliest Transaction (Month/Day/Year) 06/04/2007 (Street) DIXON, CA 95620 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/04/2007   F(1)   3,033 D $ 18.25 99,753 D   Common Stock 06/04/2007   M(1)   6,037 A $ 9.17 105,790 D   Common Stock 06/04/2007   F(2)   5,150 D $ 18.25 100,640 D   Common Stock 06/04/2007   M(2)   10,702 A $ 8.783 111,342 D   Common Stock 06/05/2007   M(3)   9,515 A $ 9.17 120,857 D   Common Stock 06/05/2007   S(3)   9,515 D $ 18.25 111,342 D   Common Stock               327,901 I One of three Trustees of FNBof Dixon Profit Sharing Plan and as Trustee of The Morris Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Purchase)

$ 9.17

06/04/2007

M(1)

6,037

(4)

01/02/2012

Common Stock

6,037

$ 0

0

D

Employee Stock Option (Right to Purchase)

$ 8.783

06/04/2007

M(2)

10,702

(4)

01/08/2013

Common Stock

10,702

$ 0

0

D

Employee Stock Option (Right to Purchase)

$ 9.17

06/05/2007

M(3)

9,515

(4)

01/02/2012

Common Stock

9,515

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ONSUM OWEN J P.O. BOX 547 195 N. FIRST STREET DIXON, CA 95620	X		President/CEO

Signatures

Lynn Campbell, AVP/Corporate Secretary w/POA		06/05/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Swapped 3,033 shares @$18.25 for 6,037 shares @$9.17 Option sharess to gain a total of 3,004 shares.
(2)	Swapped 5,150 shares @$18.25 for 10,702 shares @$8.783 Option shares to gain a total of 5,552 shares.
(3)	Same Day Sale of Stock Options Exercised to Stone & Youngberg LLC @$18.25.
(4)	Stock Options Granted vested 20% upon their grant and 20% annually over 4 years.

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