secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001558370-23-012013
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bar Harbor Bankshares Q2 net income $10.8M, EPS $0.71, assets $4.0B; declares $0.28 dividend
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- Q2 2023 net income $10.8M, diluted EPS $0.71 vs $10.5M / $0.70 in Q2 2022; NIM 3.22% vs 3.19%.
- Total assets reach record $4.0B; commercial loans grew $56.4M, total loans up $63.5M.
- Book value per share $27.12 (vs $26.09 at Q4 2022); tangible book value $18.88 (vs $17.78).
- Quarterly cash dividend $0.28/share, payable Sept 15, 2023, record Aug 16, 2023; 4.55% annualized yield.
- Non-performing assets ratio improved to 0.17% from 0.21%; allowance for credit losses $27.4M (0.91% of loans).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000155837023012013/0001558370-23-012013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000155837023012013/bhb-20230720x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012013

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