secwatch.observer — SEC 8-K summary
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Issuer:     BAR HARBOR BANKSHARES (BHB)
CIK:        0000743367
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001558370-24-009893
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BHB reports Q2 net income $10.3M, EPS $0.67 vs $10.8M, $0.71 YoY; dividend $0.30
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- GAAP net income $10.3M ($0.67 diluted) vs $10.8M ($0.71) in Q2 2023; core net income $10.0M ($0.66).
- Net interest margin 3.09%, down from 3.22% a year ago; loan yield up 42bp to 5.41%.
- Commercial loan growth 14% annualized; trust/investment fee income up 14% to $4.2M.
- Non-accruing loans to total loans 0.20%; provision for credit losses $585k vs $750k YoY.
- Board declares $0.30/share dividend (4.46% yield), payable Sep 13 to holders of record Aug 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743367/000155837024009893/0001558370-24-009893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743367/000155837024009893/bhb-20240718x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009893

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