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. 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.
First Bancorp, Inc. executive vice president and chief information officer Tammy L. Plummer reported acquiring 2,549 shares of common stock on January 29, 2026 at a stated price of $0 per share, bringing her directly held stake to 13,993 shares.
She also reports indirect holdings of 2,045.9581 shares of common stock through an employee stock purchase plan and 9,625.453 shares through a 401(k) plan, reflecting additional beneficial ownership tied to her employment programs.
First Bancorp, Inc. director Bruce B. Tindal reported acquiring 750 shares of common stock on January 29, 2026, at a price of $0 per share. Following this acquisition, he directly holds 24,418.218 common shares and indirectly holds an additional 1,000 shares through his spouse.
First Bancorp, Inc. (FNLC) director Renee W. Kelly reported receiving 750 shares of common stock on January 29, 2026. The shares were acquired at a stated price of $0 per share and increased her directly held stake to 3,450 common shares.
In addition to these directly owned shares, she is also reported as indirectly holding 8,118.6505 shares of First Bancorp common stock through an Employee Stock Purchase Plan, reflecting shares associated with her employment-related plan participation.
First Bancorp, Inc. director Ingrid H. W. Kachmar reported acquiring 750 shares of common stock on January 29, 2026 at a stated price of $0.00 per share, bringing her directly held stake to 5,765.4483 shares.
In addition, she is reported as indirectly owning 184.5252 shares of common stock through an employee stock purchase plan. The filing reflects an increase in her reported ownership rather than a sale of shares.