Earnings summaries and quarterly performance for First Bancorp, Inc /ME/.
Executive leadership at First Bancorp, Inc /ME/.
Tony C. McKim
President and Chief Executive Officer
Christopher J. Austin
Executive Vice President and Chief Legal Counsel
Jody L. Brown
Executive Vice President and Chief Risk Officer
Jonathan W. Nicholson
Executive Vice President and Chief Lending Officer
Marcia L. Benner
Executive Vice President and Chief Administrative Officer
Peter C. Nicholson
Executive Vice President and Chief Fiduciary Officer
Richard M. Elder
Executive Vice President and Chief Financial Officer
Sarah J. Tolman
Executive Vice President and Chief Banking Officer
Tammy L. Plummer
Executive Vice President and Chief Information Officer
Board of directors at First Bancorp, Inc /ME/.
Research analysts who have asked questions during First Bancorp, Inc /ME/ earnings calls.
Recent press releases and 8-K filings for FNLC.
- The First Bancorp declared a quarterly cash dividend of 37 cents per share for the fourth quarter of 2025.
- This dividend is payable on January 16, 2026, to shareholders of record as of January 6, 2026.
- Based on a closing price of $28.29 per share on December 17, 2025, the annualized dividend of $1.48 per share represents a 5.23% yield.
- First Commerce Bancorp, Inc. reported net income of $2.1 million for the three months ending September 30, 2025, an 84.4% increase from $1.1 million in the prior year period, and $5.1 million for the nine months ending September 30, 2025, up 50.6% from $3.4 million in the same period of 2024. Basic earnings per common share were $0.10 for Q3 2025 and $0.25 for the nine months, compared to $0.05 and $0.15, respectively, in 2024.
- The company experienced significant balance sheet growth, with total assets increasing 10.2% to $1.71 billion and total loans growing 12.7% to $1.40 billion at September 30, 2025, compared to December 31, 2024. Total deposits also increased 9.2% to $1.28 billion over the same period.
- Key performance metrics improved, with the annualized return on average total assets rising to 0.48% at September 30, 2025, from 0.31% a year prior, and the annualized return on average shareholders’ equity increasing to 4.79% from 2.56%. The net interest margin expanded to 2.61% at September 30, 2025, up from 2.35% at September 30, 2024.
- President & CEO Donald Mindiak attributed the increases in net income to leveraging excess capital through judicious loan underwriting and investing in higher-yielding investment securities, while maintaining sufficient liquidity. He also noted a $0.24/share increase in book value to $8.63/share at September 30, 2025, compared to December 31, 2024, coupled with an ongoing stock repurchase plan.
- Net income for Q3 2025 was $9.1 million, representing a 20.0% increase from Q3 2024 and a 12.6% increase from Q2 2025, with fully diluted earnings per share of $0.81.
- The Net Interest Margin expanded to 2.70% in Q3 2025, an increase of 38 basis points from Q3 2024 and 18 basis points from Q2 2025.
- Non-Maturity Deposits grew by $139.5 million in Q3 2025, which allowed for a reduction in higher-cost wholesale time deposits and borrowings.
- Tangible Book Value per share increased to $21.74 as of September 30, 2025, up 7.3% from Q3 2024, and the company declared a quarterly dividend of $0.37 per share.
- The non-performing assets to total assets ratio was 0.30% as of September 30, 2025, compared to 0.19% as of June 30, 2025, and 0.08% as of September 30, 2024.
Quarterly earnings call transcripts for First Bancorp, Inc /ME/.
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