secwatch.observer — SEC 8-K summary
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Issuer:     First Bancorp, Inc /ME/ (FNLC)
CIK:        0000765207
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0000765207-25-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Bancorp Q3 net income $9.1M ($0.81 EPS), up 20% YoY; NIM expands to 2.70%
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- Net income $9.1M, diluted EPS $0.81, up 20.0% from Q3 2024 and 12.6% from Q2 2025.
- Net interest margin 2.70%, up 38 bps YoY and 18 bps linked quarter, driven by asset yield and lower funding costs.
- Non-maturity deposits grew $139.5M in Q3; total deposits $2.74B, up $32.2M. Borrowings reduced $43.2M.
- Efficiency ratio improved to 50.40% (non-GAAP) from 56.37% a year ago; tangible book value $21.74 (+7.3% YoY).
- Dividend maintained at $0.37 per share; non-performing assets ratio 0.30% vs 0.08% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765207/000076520725000050/0000765207-25-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765207/000076520725000050/fnlc-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000765207-25-000050

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