secwatch.observer — SEC 8-K summary
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Issuer:     First Bancorp, Inc /ME/ (FNLC)
CIK:        0000765207
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0000765207-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/0000765207-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765207/000076520723000005/fnlc-20230118.htm
  HTML page:      https://secwatch.observer/filing/0000765207-23-000005

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