secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0000743367-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bar Harbor reports Q4 net income $9.8M ($0.65 EPS), declares $0.24 dividend
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- Q4 net income $9.8M ($0.65 diluted EPS) vs $8.6M ($0.58) YoY; core EPS $0.68 vs $0.62.
- Dividend declared $0.24/share, payable Mar 17, 2022 to holders of record Feb 17, 2022; 3.32% annualized yield.
- Net interest margin 2.79% vs 3.02% YoY; normalized NIM expanded to 2.99% from 2.94%.
- Prepaid $70M FHLB borrowings, sold $19M securities; net effect expected to add $0.02 core EPS in Q1 2022.
- Core deposits grew 13% annualized; commercial loans ex-PPP up $49.2M; non-performing loans down to $10.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000074336722000005/0000743367-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000074336722000005/bhb-20220120x8k.htm
  HTML page:      https://secwatch.observer/filing/0000743367-22-000005

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