Here are the 10-K annual reports from Bar Harbor Bankshares (BHB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BHB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BHB filings page.
Bar Harbor Bankshares details its 2025 operations as a Northern New England community bank serving Maine, New Hampshire, and Vermont through more than 60 locations and 530 full-time equivalent employees as of December 31, 2025.
Total loans reached $3.61 billion at year-end 2025, up from $3.15 billion in 2024, with about two‑thirds in commercial categories and 30% in residential real estate. Commercial real estate non‑owner occupied loans were $1.45 billion, and commercial construction loans were $213.8 million. The top 10 non‑owner‑occupied commercial real estate loans represented 18.1% of that segment with a weighted average loan‑to‑value of 61.0%.
Asset quality metrics remained conservative. Non‑accruing loans totaled $11.6 million at December 31, 2025, or 0.32% of total loans, while non‑performing assets were $13.8 million, or 0.29% of total assets. The allowance for credit losses increased to $34.1 million, equal to 0.94% of total loans, after $4.6 million of provision expense and low net charge‑offs of 0.03% of average loans.
The available‑for‑sale debt securities portfolio had $597.4 million of fair value at December 31, 2025, primarily in mortgage‑backed securities and obligations of states and political subdivisions. Average deposits for 2025 were $3.54 billion with a 1.79% weighted average cost, and estimated uninsured non‑maturity deposits were $424.6 million.
Wealth management remained meaningful, with $3.0 billion of assets under management at December 31, 2025, up from $2.8 billion a year earlier. The report also describes extensive regulatory capital and liquidity requirements, outlines use of FHLB and other borrowings, and provides a detailed risk factor section emphasizing interest rate, liquidity, credit, and regulatory risks.