First Bancorp, Inc /ME/

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 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 (Loss) (Unaudited) -The First Bancorp, Inc. and Subsidiary

	For the nine months ended September 30,		For the quarter ended September 30,
	2026	2025	2026	2025
Interest income
Interest and fees on loans (includes YTD tax-exempt income of $1,995,000 for September 30, 2026 and $2,169,000 for September 30, 2025)	$106,663,000	$105,135,000	$36,584,000	$36,197,000
Interest on deposits with other banks	100,000	215,000	32,000	108,000
Interest and dividends on investments (includes YTD tax-exempt income of $5,681,000 for September 30, 2026 and $5,865,000 for September 30, 2025)	13,690,000	14,189,000	4,859,000	4,700,000
Total interest income	120,453,000	119,539,000	41,475,000	41,005,000
Interest expense
Interest on deposits	50,757,000	58,374,000	17,171,000	19,380,000
Interest on borrowed funds	5,344,000	4,899,000	1,803,000	1,567,000
Total interest expense	56,101,000	63,273,000	18,974,000	20,947,000
Net interest income	64,352,000	56,266,000	22,501,000	20,058,000
Credit loss expense - loans	2,414,000	1,434,000	845,000	690,000
Credit loss (reduction) expense - debt securities HTM	4,000	(10,000)	6,000	(12,000)
Credit loss expense - off-balance sheet credit exposures	116,000	154,000	128,000	22,000
Total credit loss expense	2,534,000	1,578,000	979,000	700,000
Net interest income after provision for credit losses	61,818,000	54,688,000	21,522,000	19,358,000
Non-interest income
Investment management and fiduciary income	4,494,000	3,994,000	1,460,000	1,341,000
Service charges on deposit accounts	1,698,000	1,602,000	553,000	532,000
Net gain on sale or call of securities	12,000	—	—	—
Mortgage origination and servicing income, net of amortization	603,000	635,000	232,000	219,000
Debit card income	4,065,000	3,859,000	1,490,000	1,403,000
Other operating income	3,218,000	2,516,000	1,243,000	980,000
Total non-interest income	14,090,000	12,606,000	4,978,000	4,475,000
Non-interest expense
Salaries and employee benefits	21,804,000	19,800,000	7,354,000	6,674,000
Occupancy expense	2,610,000	2,567,000	818,000	814,000
Furniture and equipment expense	4,555,000	4,391,000	1,558,000	1,491,000
FDIC insurance premiums	1,803,000	2,093,000	629,000	698,000
Amortization of identified intangibles	20,000	20,000	7,000	7,000
Other operating expense	9,750,000	8,926,000	3,183,000	3,070,000
Total non-interest expense	40,542,000	37,797,000	13,549,000	12,754,000
Income before income taxes	35,366,000	29,497,000	12,951,000	11,079,000
Income tax expense	6,142,000	5,275,000	2,280,000	1,997,000
NET INCOME	$29,224,000	$24,222,000	$10,671,000	$9,082,000
Basic earnings per common share	$2.63	$2.19	$0.96	$0.82
Diluted earnings per common share	$2.59	$2.16	$0.95	$0.81
Other comprehensive income (loss) net of tax
Net unrealized (loss) gain on securities available for sale, net of taxes	$(12,769,000)	$9,148,000	$(11,666,000)	$3,714,000
Net unrealized gain on transferred securities, net of taxes	7,000	7,000	1,000	20,000
Net unrealized loss on hedging derivative instruments	—	(138,000)	—	(65,000)
Other comprehensive (loss) gain	(12,762,000)	9,017,000	(11,665,000)	3,669,000
Comprehensive income (loss)	$16,462,000	$33,239,000	$(994,000)	$12,751,000

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.