secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0001558370-23-000363
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bar Harbor Bankshares Q4 net income $12.5M ($0.83 EPS), up 28% YoY; declares $0.26 dividend
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- Q4 2022 net income $12.5M ($0.83 diluted EPS) vs $9.8M ($0.65) in Q4 2021, a 28% increase.
- Net interest margin expanded 97 bps to 3.76% from 2.79%; commercial loans grew 11% annualized.
- Non-performing assets ratio improved to 0.17% from 0.27%; net recovery of $155k on charged-off loans.
- Board declared $0.26 per share cash dividend, record Feb 16, payable Mar 16, 2023; 3.25% yield.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000155837023000363/0001558370-23-000363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000155837023000363/bhb-20230119x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000363

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