Welcome to our dedicated page for First Bancorp SEC filings (Ticker: FNLC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The First Bancorp filings document the regulatory record of a Maine one-bank holding company whose common stock trades under FNLC. The filings cover operating results and financial condition for First National Bank, dividend announcements, capital and balance-sheet disclosures, and exhibits furnished with earnings releases.
Proxy statements and Form 8-K reports also describe governance matters, including director elections, advisory executive-compensation votes, auditor ratification, board and officer changes, and amendments to bylaws. These records frame the company's public disclosures around community banking, wealth-management services, shareholder voting, executive compensation, and capital structure.
The First Bancorp, Inc. reported strong unaudited results for the quarter ended March 31, 2026. Net income rose to $9.0 million, up 27.1% from a year earlier, with diluted EPS increasing to $0.80 from $0.63. Net interest income grew to $20.7 million, and the tax-equivalent net interest margin expanded to 2.86%, driven by higher earning-asset yields and lower funding costs. Non-interest income increased to $4.5 million, while non-interest expense rose to $13.6 million, improving the non-GAAP efficiency ratio to 52.64% from 56.93%.
Total assets reached $3.20 billion, with loans of $2.41 billion and deposits of $2.66 billion, which were flat versus year-end as lower non-maturity balances were offset by higher time deposits and borrowings. Asset quality remained acceptable but weaker, with non-performing assets at 0.51% of total assets and non-performing loans at 0.67% of total loans, both higher than a year ago. Capital remained solid, with an estimated leverage ratio of 9.09% and total risk-based capital ratio of 14.04%. The company declared a quarterly dividend of $0.37 per share.
First Bancorp, Inc. filed a Form 13F holdings report signed by Peter Nicholson on 04-20-2026. The report lists 237 holdings with a total market value of $201,212,132. The filing indicates no other included managers and is a standard quarterly institutional holdings disclosure.
The First Bancorp, Inc., parent of First National Bank, declared a quarterly cash dividend of $0.37 per share for the first quarter of 2026. The dividend will be paid on April 17, 2026 to shareholders of record as of April 7, 2026.
The company notes that, based on a closing share price of $27.88 on March 25, 2026, the annualized dividend of $1.48 per share equates to a dividend yield of 5.31%. This continues the bank’s practice of returning cash to shareholders through regular dividends.
The First Bancorp, Inc. provides an overview of its community banking and wealth management business centered in Mid‑Coast and Eastern Maine, where it operates First National Bank and related investment services. The company focuses on traditional lending, deposit products, and trust and investment management for individuals, businesses, and municipalities.
As of December 31, 2025, it had 11,222,363 common shares outstanding and 283 employees, and reported strong regulatory capital with a consolidated Total Capital Ratio of 14.02%, CET1 and Tier 1 Capital Ratios of 12.84%, and a Leverage Capital Ratio of 8.84%, leaving it well above minimums and considered well capitalized. Management highlights credit, interest‑rate, liquidity, operational, cybersecurity, regulatory and climate‑related risks, particularly tied to its commercial and commercial real estate loan concentrations and its geographic focus in Maine.
The First Bancorp, Inc. is asking shareholders to vote at its virtual 2026 annual meeting on April 29, 2026, on eight director nominees, an advisory Say‑on‑Pay vote, Say‑on‑Pay frequency (with a one‑year preference), and ratification of BDMP Assurance, LLP as 2026 auditors.
Management highlights a strong 2025, with net income of $34.4 million, up 27.2% from 2024, and diluted EPS of $3.07, up 26.4%. The bank generated over $538 million in new loans, total loans grew $53.2 million, and core deposits rose $77 million, supporting margin expansion and a 52.09% efficiency ratio. Tangible book value increased 13.2% to $22.49 per share and dividends totaled $1.47 per share.
The proxy also details board composition (8 of 9 directors independent, three women, independent chair), committee structure, director and executive compensation philosophy, and a pay‑for‑performance program combining base salary, cash incentives and restricted stock, with clawback and stock‑ownership guidelines.
First Bancorp, Inc. director Stuart G. Smith acquired 750 shares of the company’s common stock on January 29, 2026 at a reported price of $0.00 per share. After this transaction, he directly holds 106,801.0862 shares of First Bancorp common stock.
In addition to his direct holdings, Smith also has an indirect interest in 15,381.6294 shares of common stock held through an Employee Stock Purchase Plan. This filing is a regulatory disclosure of insider ownership and activity rather than an operational business update.
First Bancorp, Inc. director Cornelius J. Russell reported acquiring 750 shares of the company’s common stock on January 29, 2026, at a stated price of $0 per share. Following this acquisition, he directly holds 3,750 common shares.
In addition to his direct holdings, Russell is also reported as indirectly beneficially owning 13,622.0805 shares of common stock through an Employee Stock Purchase Plan, reflecting shares associated with that plan rather than a new transaction.
First Bancorp, Inc. director Kimberly S. Swan reported acquiring 750 shares of the company’s common stock on 01/29/2026 at a price of $0 per share. After this transaction, she directly beneficially owned 13,651.6275 shares of common stock and indirectly held 6,551.2154 shares through an Employee Stock Purchase Plan.
First Bancorp, Inc. director reports stock acquisition. Director F. Stephen Ward acquired 750 shares of First Bancorp, Inc. common stock on January 29, 2026, at a reported price of $0 per share, increasing his directly held stake to 46,063 shares. This is a routine insider equity transaction disclosed on Form 4.