First Bancorp, Inc /ME/
For the period ended Jun 30, 2026. Filed Aug 7, 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.
Jun 30, 2026 · Filed Aug 7, 2026
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Non-Interest Expense
Non-interest expense of $27.0 million for the six months ended June 30, 2026 is an increase of 7.8% or $2.0 million compared to the same period in 2025. Salaries and employee benefits increased $1.3 million, or 10.1%, attributable to annual salary adjustments, lower deferred salaries, and higher health insurance expenses. Furniture and equipment expense was up $97,000 or 3.3% on higher software costs, and other operating expense increased $711,000 or 12.1%. Non-interest expense of $13.4 million for the quarter ended June 30, 2026 is an increase of 9.7% compared to non-interest expense of $12.2 million million for the same period in 2025 due to the reasons mentioned.
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