secwatch.observer — SEC 8-K summary
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Issuer:     First Bancorp, Inc /ME/ (FNLC)
CIK:        0000765207
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000765207-23-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Bancorp Q3 net income $7.5M, EPS $0.67 flat QoQ; deposits up $100M
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- Net income $7.5M, +1.1% QoQ; diluted EPS $0.67 unchanged from prior quarter.
- Net interest margin 2.40% vs 2.46% QoQ; net interest income $16.0M, +0.2%.
- Loans +$18.9M to $2.08B; deposits +$100.1M to $2.60B, driven by low-cost categories.
- Asset quality strong: NPA/assets 0.09%, NPL/loans 0.12%, past due loans 0.10%.
- Q3 dividend $0.35/share declared, payable Oct 20 to holders of record Oct 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765207/000076520723000046/0000765207-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765207/000076520723000046/fnlc-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000765207-23-000046

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