First Bancorp, Inc /ME/

For the period ended Jun 30, 2026. Filed Aug 7, 2026.

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, 2026 · Filed Aug 7, 2026

FNLC$37.01-0.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income and Comprehensive Income

Consolidated Statements of Income and Comprehensive Income (Unaudited) -The First Bancorp, Inc. and Subsidiary

	For the six months ended June 30,		For the quarter ended June 30,
	2026	2025	2026	2025
Interest income
Interest and fees on loans (includes YTD tax-exempt income of $1,237,000 for June 30, 2026 and $1,388,000 for June 30, 2025)	$70,079,000	$68,938,000	$35,354,000	$35,014,000
Interest on deposits with other banks	68,000	107,000	38,000	51,000
Interest and dividends on investments (includes YTD tax-exempt income of $3,793,000 for June 30, 2026 and $3,913,000 for June 30, 2025)	8,831,000	9,489,000	4,447,000	4,760,000
Total interest income	78,978,000	78,534,000	39,839,000	39,825,000
Interest expense
Interest on deposits	33,586,000	38,994,000	16,884,000	19,725,000
Interest on borrowed funds	3,541,000	3,332,000	1,793,000	1,691,000
Total interest expense	37,127,000	42,326,000	18,677,000	21,416,000
Net interest income	41,851,000	36,208,000	21,162,000	18,409,000
Credit loss expense - loans	1,569,000	744,000	919,000	348,000
Credit loss (reduction) expense - debt securities HTM	(2,000)	2,000	(1,000)	1,000
Credit loss (reduction) expense - off-balance sheet credit exposures	(12,000)	132,000	17,000	137,000
Total credit loss expense	1,555,000	878,000	935,000	486,000
Net interest income after provision for credit losses	40,296,000	35,330,000	20,227,000	17,923,000
Non-interest income
Investment management and fiduciary income	3,034,000	2,653,000	1,548,000	1,336,000
Service charges on deposit accounts	1,145,000	1,070,000	585,000	539,000
Net gain on sale or call of securities	12,000	—	—	—
Mortgage origination and servicing income, net of amortization	371,000	416,000	195,000	221,000
Debit card income	2,575,000	2,456,000	1,375,000	1,286,000
Other operating income	1,975,000	1,536,000	958,000	747,000
Total non-interest income	9,112,000	8,131,000	4,661,000	4,129,000
Non-interest expense
Salaries and employee benefits	14,450,000	13,126,000	7,120,000	6,276,000
Occupancy expense	1,792,000	1,753,000	836,000	876,000
Furniture and equipment expense	2,997,000	2,900,000	1,454,000	1,438,000
FDIC insurance premiums	1,174,000	1,395,000	604,000	701,000
Amortization of identified intangibles	13,000	13,000	6,000	6,000
Other operating expense	6,567,000	5,856,000	3,357,000	2,902,000
Total non-interest expense	26,993,000	25,043,000	13,377,000	12,199,000
Income before income taxes	22,415,000	18,418,000	11,511,000	9,853,000
Income tax expense	3,862,000	3,278,000	1,951,000	1,790,000
NET INCOME	$18,553,000	$15,140,000	$9,560,000	$8,063,000
Basic earnings per common share	$1.67	$1.37	$0.86	$0.73
Diluted earnings per common share	$1.65	$1.35	$0.85	$0.72
Other comprehensive income (loss) net of tax
Net unrealized (loss) gain on securities available for sale, net of taxes	$(1,103,000)	$5,434,000	$346,000	$1,465,000
Net unrealized gain (loss) on transferred securities, net of taxes	6,000	(13,000)	3,000	(15,000)
Net unrealized (loss) gain on hedging derivative instruments	—	(73,000)	—	2,000
Other comprehensive (loss) gain	(1,097,000)	5,348,000	349,000	1,452,000
Comprehensive income	$17,456,000	$20,488,000	$9,909,000	$9,515,000

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.