secwatch.observer — SEC 8-K summary
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Issuer:     First Bancorp, Inc /ME/ (FNLC)
CIK:        0000765207
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0000765207-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Bancorp Q4 net income $7.3M, EPS $0.65; FY EPS $2.43; NIM improves to 2.42%
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- Q4 net income $7.3M, up 9% YoY; diluted EPS $0.65 vs $0.60; FY net income $27.0M, down 8% from $29.5M.
- Net interest margin improved 10 bps to 2.42% from Q3; NII $17.55M, up 7% linked quarter.
- Total loans grew $211.5M (9.9%) for the year; core deposits up $81M; NPL ratio 0.18% vs 0.10% last year.
- Q4 dividend $0.36 per share declared, paid Jan 16, 2025; up from $0.35 in Q4 2023.
- Efficiency ratio improved to 53.39% in Q4 from 56.37% in Q3; PTPP ROA 1.09% for 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765207/000076520725000008/0000765207-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765207/000076520725000008/fnlc-20250122.htm
  HTML page:      https://secwatch.observer/filing/0000765207-25-000008

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