First Bancorp SEC Filings

The First Bancorp, Inc. reported that its Audit Committee dismissed Berry, Dunn, McNeil & Parker, LLC as independent auditor effective November 19, 2025, and the Board concurrently engaged BDMP Assurance, LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2025.

The company stated that Berry, Dunn’s audit reports on the 2023 and 2024 financial statements contained no adverse opinions, disclaimers, or qualifications. It also reported no disagreements or reportable events with Berry, Dunn during the past two fiscal years and the subsequent interim period before dismissal. The company further noted that it did not consult with BDMP Assurance, LLP on accounting or auditing matters prior to this engagement.

The First Bancorp, Inc. (FNLC) reported that it furnished a press release with information on results of operations and financial condition for the quarter ended September 30, 2025. The press release was issued on October 22, 2025 and attached as Exhibit 99.1 to an Item 2.02 Form 8-K. The filing lists FNLC’s common stock on the NASDAQ Global Select Market.

First Bancorp, Inc. (FNLC) furnished an 8-K reporting that the company issued a press release (filed as Exhibit 99.1) announcing the declaration of a cash dividend. The filing does not include the dividend amount, record date, payment date, or any financial figures; it only states that the press release was issued and is being furnished with the report.

This item is presented under the exhibits section of the 8-K and references a press release dated September 25, 2025. Because the 8-K supplies the announcement reference but no dividend specifics, investors must consult the referenced Exhibit 99.1 press release for the full dividend details.

Insider sale reported: Sarah J. Tolman, Executive Vice President and Chief Banking Officer of First Bancorp, Inc. (FNLC), reported a sale of 175 shares of the company's common stock on 08/19/2025 at a price of $26.03 per share. The Form 4 lists reported beneficial ownership positions following the transaction: 12,430 (direct), 5,396.359 (indirect, through 401(k) plan) and 50.7791 (indirect, through Employee Stock Purchase Plan).

First Bancorp, Inc. (FNLC) submitted a Form 144 notifying a proposed sale of 175 shares of common stock with an aggregate market value of $4,607.75. The filing names Broadridge as the broker and lists the securities as traded on Nasdaq. The table shows 17,877 shares outstanding for this class, indicating the planned sale is a small fraction of the outstanding common stock.

The shares were originally acquired on 12/30/2020 through an Employee Stock Purchase Plan (178 shares purchased) with payment by payroll deduction. The filer reports nothing to report for securities sold in the past three months and makes the standard representation that they do not possess undisclosed material adverse information.

The First Bancorp reported stronger core results with year-to-date net income of $15.14 million versus $12.19 million a year earlier and quarterly net income of $8.06 million versus $6.17 million. Net interest income rose to $36.21 million YTD from $29.96 million, helping lift the tax-equivalent net interest margin to 2.50% from 2.21%. Loan growth to $2.394 billion and total assets of $3.20 billion supported the revenue gains while book value per share increased to $23.69.

Efficiency improved to 54.63% and the company declared a quarterly dividend of $0.37 per share. Credit and market items noted in the filing include $47.63 million of unrealized losses in available-for-sale securities, a rise in non-performing loans to 0.25% of loans (from 0.11%), and an allowance for credit losses equal to 1.04% of loans. Non-interest expense was higher year-to-date at $25.04 million, including increased personnel costs.