The First Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	142.3	141.16	129.44	108.27	75.81	62.2
Interest Income on Investments	18.41	19.11	19.39	19.9	17.23	14.89
Total Interest Income	160.72	160.27	148.83	128.17	93.04	77.08
Interest Paid on Deposits	71.29	76.7	79.41	61	15.36	7.31
Interest Paid on Borrowings	6.41	6.2	5.51	1.96	1.51	3.46
Total Interest Expense	77.7	82.89	84.92	62.97	16.87	10.78
Net Interest Income	83.02	77.38	63.91	65.21	76.17	66.3
Net Interest Income Growth	18.32%	21.07%	-1.99%	-14.39%	14.88%	10.81%
Trust Income	5.81	5.43	4.96	4.65	4.6	4.53
Gain (Loss) on Sale of Investments	0.01	-	-	-	0.01	0.02
Other Non-Interest Income	10.27	9.75	9.34	8.9	10.44	13.26
Total Non-Interest Income	18.32	17.34	16.36	15.44	16.87	19.38
Non-Interest Income Growth	9.78%	6.02%	5.95%	-8.52%	-12.94%	6.98%
Revenues Before Loan Losses	101.34	94.72	80.27	80.64	93.04	85.69
Provision for Loan Losses	2.53	1.85	0.53	1.18	1.75	-0.38
Revenue	98.81	92.87	79.74	79.46	91.29	86.06
Revenue Growth	15.64%	16.46%	0.35%	-12.96%	6.08%	19.69%
Salaries and Employee Benefits	27.25	26.03	23.34	21.12	22.51	20.3
Federal Deposit Insurance	2.5	2.72	2.39	1.96	1.07	0.82
Amortization of Goodwill & Intangibles	0.03	0.03	0.03	0.03	0.07	0.07
Selling, General & Administrative	11.71	11.47	11.12	10.72	10.22	9.67
Other Non-Interest Expense	11.39	10.68	10.29	9.93	10.05	11.29
Total Non-Interest Expense	52.88	50.93	47.16	43.76	43.9	42.15
EBT Excluding Unusual Items	45.94	41.94	32.58	35.7	47.39	43.91
Pretax Income	45.94	41.94	32.58	35.7	47.39	43.91
Income Tax Expense	8.13	7.55	5.54	6.18	8.4	7.64
Net Income	37.81	34.39	27.05	29.52	38.99	36.27
Net Income to Common	37.81	34.39	27.05	29.52	38.99	36.27
Net Income Growth	26.05%	27.17%	-8.38%	-24.29%	7.50%	33.69%
Basic Shares Outstanding	11	11	11	11	11	11
Diluted Shares Outstanding	11	11	11	11	11	11
Shares Change	0.63%	0.59%	0.51%	0.46%	0.40%	0.50%
EPS (Basic)	3.40	3.10	2.45	2.68	3.57	3.33
EPS (Diluted)	3.37	3.07	2.43	2.66	3.53	3.30
EPS Growth	25.74%	26.34%	-8.65%	-24.65%	6.97%	33.06%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.490	1.470	1.430	1.390	1.340	1.270
Dividend Growth	2.76%	2.80%	2.88%	3.73%	5.51%	3.25%
Effective Tax Rate	17.70%	17.99%	17.00%	17.32%	17.72%	17.41%

SEC Filings: 10-K · 10-Q