First Bancorp, Inc /ME/

For the period ended Jun 30, 2025. Filed Aug 8, 2025.

About 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.

Jun 30, 2025 · Filed Aug 8, 2025

FNLC$36.41-0.5%Stored close · as of Nov 6, 2026

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Contents

Selected Financial Data (Unaudited)

Dollars in thousands,	As of and for the six months ended June 30,		As of and for the quarter ended June 30,
except for per share amounts	2025	2024	2025	2024
Summary of Operations
Interest Income	$78,534	$71,546	$39,825	$36,558
Interest Expense	42,326	41,591	21,416	21,483
Net Interest Income	36,208	29,955	18,409	15,075
Credit Loss Expense (Reduction)	878	(1)	486	512
Non-Interest Income	8,131	7,797	4,129	4,157
Non-Interest Expense	25,043	23,011	12,199	11,250
Net Income	15,140	12,192	8,063	6,171
Per Common Share Data
Basic Earnings per Share	$1.37	$1.10	$0.73	$0.56
Diluted Earnings per Share	1.35	1.10	0.72	0.55
Cash Dividends Declared	0.73	0.71	0.37	0.36
Book Value per Common Share	23.69	21.96	23.69	21.96
Tangible Book Value per Common Share2	20.94	19.20	20.94	19.20
Market Value	25.41	24.85	25.41	24.85
Financial Ratios
Return on Average Equity1	11.73%	10.04%	12.31%	10.16%
Return on Average Tangible Common Equity1,2	13.31%	11.49%	13.95%	11.63%
Return on Average Assets1	0.96%	0.82%	1.01%	0.82%
Average Equity to Average Assets	8.19%	8.18%	8.23%	8.10%
Average Tangible Equity to Average Assets2	7.22%	7.15%	7.27%	7.08%
Net Interest Margin Tax-Equivalent1,2	2.50%	2.21%	2.52%	2.21%
Dividend Payout Ratio	53.40%	64.31%	50.89%	64.40%
Allowance for Credit Losses/Total Loans	1.04%	1.10%	1.04%	1.10%
Non-Performing Loans to Total Loans	0.25%	0.11%	0.25%	0.11%
Non-Performing Assets to Total Assets	0.19%	0.09%	0.19%	0.09%
Efficiency Ratio2	54.63%	58.70%	52.39%	56.35%
At Period End
Total Assets	$3,199,510	$3,084,944	$3,199,510	$3,084,944
Total Loans	2,394,007	2,247,670	2,394,007	2,247,670
Total Investment Securities	653,855	658,133	653,855	658,133
Total Deposits	2,705,337	2,578,080	2,705,337	2,578,080
Total Shareholders' Equity	265,492	244,668	265,492	244,668

1 Annualized using a 365-day basis in 2025 and a 366-day basis in 2024.

2 These ratios use non-GAAP financial measures. See Management's Discussion and Analysis of Financial Condition and Results of Operations for additional disclosures and information.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.