secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000743367-21-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bar Harbor Bankshares Q2 net income $9.0M ($0.60 EPS), up 9% YoY; declares $0.24 dividend
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- Net income $9.0M ($0.60 EPS) vs $8.5M ($0.55) in Q2 2020; core EPS $0.63.
- Quarterly dividend $0.24/share, payable Sept 17, record Aug 17; 3.35% yield.
- Provision benefit of $765K vs $1.4M expense last year; credit quality strong.
- Non-interest income ex securities gains up 13%; wealth AUM $2.4B (+12% YoY).
- Salaries and benefits down 5% on workforce reduction; annual cost savings >$3.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000074336721000019/0000743367-21-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000074336721000019/bhb-20210721x8k.htm
  HTML page:      https://secwatch.observer/filing/0000743367-21-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer