Detail akcie First Bancorp online

Business Summary: The First Bancorp, Inc. is a bank holding company of First National Bank (the Bank). The Bank provides an array of commercial and retail banking services through 18 locations in mid-coast and eastern Maine. The Bank emphasizes personal service, and its customers are primarily small businesses and individuals to whom the Bank offers a wide variety of services, including deposit accounts and consumer, commercial and mortgage loans. In addition to traditional banking services, the Company provides investment management and trust services to individuals, businesses, and municipalities through First National Wealth Management, which is an operating division of the Bank. First National Wealth Management offers a comprehensive array of private banking, financial planning, investment management and trust services to individuals, businesses, non-profit organizations, and municipalities of varying asset size. The Bank also offers brokerage, annuity products and certain types of insurance.
Financial Summary: BRIEF: For the three months ended 31 March 2024, First Bancorp Inc interest income increased 21% to $35M. Net interest income after loan loss provision decreased 9% to $15.4M. Net income decreased 24% to $6M. Net interest income after loan loss provision reflects Interest and dividends on investments decrease of 1% to $4.7M. Net income also reflects Interest on deposits increase of 76% to $19.2M (expense).