First Bancorp, Inc /ME/
For the period ended Mar 31, 2025. Filed May 9, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
FNLC$37.08+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders' Equity (Unaudited)
| Three Month Period Ended March 31, 2025 and 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common stock and additional paid-in capital · Retainedearnings · Accumulatedothercomprehensiveincome (loss) · Totalshareholders'equity | |||||||||
| Shares · Amount | |||||||||
| Balance at December 31, 2023 | 11,098,057 | $70,182,000 | $211,925,000 | $(39,028,000) | $243,079,000 | ||||
| Net income | — | — | 6,021,000 | — | 6,021,000 | ||||
| Net unrealized loss on securities available for sale, net of tax | — | — | — | (3,241,000) | (3,241,000) | ||||
| Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax | — | — | — | 2,000 | 2,000 | ||||
| Net unrealized gain on hedging derivative instruments, net of tax | — | — | — | 435,000 | 435,000 | ||||
| Comprehensive income (loss) | — | — | 6,021,000 | (2,804,000) | 3,217,000 | ||||
| Cash dividends declared ($0.35 per share) | — | — | (3,896,000) | — | (3,896,000) | ||||
| Equity compensation expense | — | 231,000 | — | — | 231,000 | ||||
| Payment to repurchase common stock | (8,031) | — | (211,000) | — | (211,000) | ||||
| Issuance of restricted stock | 32,859 | — | — | — | — | ||||
| Proceeds from sale of common stock | 8,048 | 204,000 | — | — | 204,000 | ||||
| Balance at March 31, 2024 | 11,130,933 | $70,617,000 | $213,839,000 | $(41,832,000) | $242,624,000 | ||||
| Balance at December 31, 2024 | 11,155,528 | $71,944,000 | $222,823,000 | $(42,274,000) | $252,493,000 | ||||
| Net income | — | — | 7,077,000 | — | 7,077,000 | ||||
| Net unrealized gain on securities available for sale, net of tax | — | — | — | 3,969,000 | 3,969,000 | ||||
| Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax | — | — | — | 2,000 | 2,000 | ||||
| Net unrealized loss on hedging derivative instruments, net of tax | — | — | — | (75,000) | (75,000) | ||||
| Comprehensive income | — | — | 7,077,000 | 3,896,000 | 10,973,000 | ||||
| Cash dividends declared ($0.36 per share) | — | — | (4,031,000) | — | (4,031,000) | ||||
| Equity compensation expense | — | 298,000 | — | — | 298,000 | ||||
| Payment to repurchase common stock | (10,784) | — | (277,000) | — | (277,000) | ||||
| Issuance of restricted stock | 43,297 | — | — | — | — | ||||
| Proceeds from sale of common stock | 8,840 | 225,000 | — | — | 225,000 | ||||
| Balance at March 31, 2025 | 11,196,881 | $72,467,000 | $225,592,000 | $(38,378,000) | $259,681,000 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.