---
schema_version: "secwatch.filing_event.v1"
accession: "0000765207-23-000005"
form_type: "8-K"
ticker: "FNLC"
cik: "0000765207"
company_name: "First Bancorp, Inc /ME/"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T14:22:12.670232+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Bancorp reports record annual net income of $39.0M; diluted EPS $3.53 for 2022

## Summary
- Net income for 2022 was $39.0M, up 7.5% from $36.3M in 2021; diluted EPS $3.53 vs $3.30.
- Net interest margin expanded to 3.15% for 2022 from 2.95% in 2021.
- Total loans grew 16.2% to $1.91B; deposits increased 12.0% to $2.38B.
- Q4 2022 net income was $9.2M, down 3.7% from Q4 2021; diluted EPS $0.83 vs $0.87.
- Dividend of $0.34 per share declared for Q4, payable Jan 20, 2023 to holders of record Jan 9.

## SEC filing metadata
- accession: 0000765207-23-000005
- form_type: 8-K
- ticker: FNLC
- cik: 0000765207
- company_name: First Bancorp, Inc /ME/
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/0000765207-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/fnlc-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000765207-23-000005
- JSON: https://secwatch.observer/filing/0000765207-23-000005.json
- Plain text: https://secwatch.observer/filing/0000765207-23-000005.txt

## Key facts
- Earnings Releases
  First Bancorp, Inc /ME/ reported three months ended December 31, 2022 results: net income $9.2 million, EPS $0.83.
  - Period: three months ended December 31, 2022
  - Net income: $9.2 million
  - EPS: $0.83
  - Result: reported results
  source text: The Company also announced operating results for the three months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/0000765207-23-000005-index.htm
- Earnings Releases
  First Bancorp, Inc /ME/ reported year ended December 31, 2022 results: net income $39.0 million, EPS $3.53 per share.
  - Period: year ended December 31, 2022
  - Net income: $39.0 million
  - EPS: $3.53 per share
  - Result: reported results
  source text: The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/0000765207-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.