First Bancorp, Inc /ME/
For the period ended Mar 31, 2026. Filed May 8, 2026.
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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, 2026 · Filed May 8, 2026
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Non-Interest Expense
Non-interest expense of $13.6 million for the three months ended March 31, 2026 is an increase of 6.0% or $772,000 compared to the same period in 2025. Salaries and employee benefits increased $480,000, or 7.0%, attributable to annual salary adjustments, lower deferred salaries, and higher health insurance expenses. Furniture and equipment expense was up $81,000 or 5.5% on higher software costs, and other operating expense increased $256,000 or 8.7%.
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