secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001558370-23-016494
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bar Harbor Bankshares Q3 net income $11.1M ($0.73/share); declares $0.28 dividend
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- Net income $11.1M ($0.73 diluted EPS) vs $11.4M ($0.76) in Q3 2022.
- Net interest margin 3.18%, down 29 bps YoY; loan yield expanded to 5.11% from 4.04%.
- Allowance for credit losses rose to 0.94% of loans (from 0.91%); NPAs remain low at 0.17%.
- Dividend $0.28/share, payable Dec 15, record Nov 16; 4.74% annualized yield at $23.63 close.
- Loans flat at $3.0B, deposits flat at $3.1B; loan-to-deposit ratio improved to 95% from 97%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000155837023016494/0001558370-23-016494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000155837023016494/bhb-20231017x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-016494

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