secwatch.observer — SEC 8-K summary
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Issuer:     First Bancorp, Inc /ME/ (FNLC)
CIK:        0000765207
Form:       8-K
Filed at:   2026-10-21T20:17:21+00:00
Accession:  0000765207-26-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

First Bancorp Q3 net income $10.7M, EPS $0.95 set records; NIM expands to 2.99%
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- Net income $10.7M (+17.5% YoY) and diluted EPS $0.95 (+16.8% YoY) were quarterly records; both up 11.6% from Q2 2026.
- Net interest income $22.5M, up 12.2% YoY; NIM 2.99%, up 29 bps YoY and 11 bps linked-quarter, the ninth consecutive quarter of expansion.
- Total deposits rose $106.9M to $2.79B on $139.7M non-maturity growth; time deposits cut $32.8M and FHLB borrowings reduced $69.2M.
- Non-performing assets fell to 0.44% of assets from 0.54% at June 30; net charge-offs $1.6M, $845K provision, ACL 0.98% of loans.
- Efficiency ratio improved to 47.94% from 50.40%; tangible book value $22.81 (+4.9% YoY); Q3 dividend of $0.38 paid Oct 16, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765207/000076520726000112/0000765207-26-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765207/000076520726000112/fnlc-20261021.htm
  HTML page:      https://secwatch.observer/filing/0000765207-26-000112

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