Skip to main content

First Bancorp, Inc. - Maine (FNLC)

NASDAQ: FNLC · IEX Real-Time Price · USD
29.67 0.03 (0.10%)
Oct 25, 2021 4:00 PM EDT - Market closed

Company Description

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; loans to finance construction of owner- and non-owner occupied commercial real estate properties; and revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment.

In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes.

Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as ATM processing services.

It operates through 17 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine.

The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.

First Bancorp, Inc. - Maine
First Bancorp Logo
CountryUnited States
Founded1864
IPO DateJul 15, 1999
IndustryBanks
SectorFinancials
Employees250

Contact Details

Address:
223 Main Street
Damariscotta, ME 04543
United States
Phone207 563 3195
Websitethefirstbancorp.com

Stock Details

Ticker SymbolFNLC
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
CIK Code0000765207
CUSIP Number31866P102
ISIN NumberUS31866P1021
Employer ID01-0404322

Key Executives

NamePosition
Tony C. McKimPresident, Chief Executive Officer and Director
Richard M. ElderExecutive Vice President, Chief Financial Officer and Treasurer
Susan A. NortonClerk, CRA Officer and Compliance Officer
Jonathan W. NicholsonSenior Loan Officer