The First Bancorp, Inc. (FNLC)

The First Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	141.16	129.44	108.27	75.81	62.2
Interest Income on Investments	19.11	19.39	19.9	17.23	14.89
Total Interest Income	160.27	148.83	128.17	93.04	77.08
Interest Paid on Deposits	76.7	79.41	61	15.36	7.31
Interest Paid on Borrowings	6.2	5.51	1.96	1.51	3.46
Total Interest Expense	82.89	84.92	62.97	16.87	10.78
Net Interest Income	77.38	63.91	65.21	76.17	66.3
Net Interest Income Growth (YoY)	21.07%	-1.99%	-14.39%	14.88%	10.81%
Trust Income	5.43	4.96	4.65	4.6	4.53
Gain (Loss) on Sale of Investments	-	-	-	0.01	0.02
Other Non-Interest Income	9.75	9.34	8.9	10.44	13.26
Total Non-Interest Income	17.34	16.36	15.44	16.87	19.38
Non-Interest Income Growth (YoY)	6.02%	5.95%	-8.52%	-12.94%	6.98%
Revenues Before Loan Losses	94.72	80.27	80.64	93.04	85.69
Provision for Loan Losses	1.85	0.53	1.18	1.75	-0.38
Revenue	92.87	79.74	79.46	91.29	86.06
Revenue Growth (YoY)	16.46%	0.35%	-12.96%	6.08%	19.69%
Salaries and Employee Benefits	27	23.34	21.12	22.51	20.3
Federal Deposit Insurance	2.72	2.39	1.96	1.07	0.82
Amortization of Goodwill & Intangibles	0.03	0.03	0.03	0.07	0.07
Selling, General & Administrative	9.27	11.12	10.72	10.22	9.67
Other Non-Interest Expense	11.91	10.29	9.93	10.05	11.29
Total Non-Interest Expense	50.93	47.16	43.76	43.9	42.15
EBT Excluding Unusual Items	41.94	32.58	35.7	47.39	43.91
Pretax Income	41.94	32.58	35.7	47.39	43.91
Income Tax Expense	7.55	5.54	6.18	8.4	7.64
Net Income	34.39	27.05	29.52	38.99	36.27
Net Income to Common	34.39	27.05	29.52	38.99	36.27
Net Income Growth	27.17%	-8.38%	-24.29%	7.50%	33.69%
Basic Shares Outstanding	11	11	11	11	11
Diluted Shares Outstanding	11	11	11	11	11
Shares Change (YoY)	0.58%	0.51%	0.46%	0.40%	0.50%
EPS (Basic)	3.10	2.45	2.68	3.57	3.33
EPS (Diluted)	3.07	2.43	2.66	3.53	3.30
EPS Growth	26.34%	-8.65%	-24.65%	6.97%	33.06%
Dividend Per Share	1.470	1.430	1.390	1.340	1.270
Dividend Growth	2.80%	2.88%	3.73%	5.51%	3.25%
Effective Tax Rate	17.99%	17.00%	17.32%	17.72%	17.41%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q