• Earnings History

    Over the past ten years, net income for The First Bancorp has increased $4.9 million, from $13.1 million in 2007 to $18.0 million in 2016. The Company's total assets grew nearly $0.5 million, during the period.

    Earnings 2005-2015

    It is the result of a clear and focused strategy - opening new branches accompanied by organic growth within our established branch offices. In 2005, this growth was accelerated through the acquisition of FNB Bankshares of Bar Harbor, Maine, which added nearly $230 million of assets to The First Bancorp.

    The following table presents historical information about The First Bancorp from 1966 to 2016:


     
    For the
    Quarter
     
    Net
    Income
     
    Adjusted
    EPS
     
    Total
    Assets
     
    Return on
    Assets
     
    Total
    Equity
     
    Return on
    Equity
     

     
    2016Q4 4,320,000 0.40 1,712,875,000 1.03% 172,520,000 11.68%
    2016Q3 4,562,000 0.42 1,635,088,000 1.15% 175,994,000 12.67%
    2016Q2 4,624,000 0.43 1,621,454,000 1.16% 174,788,000 12.85%
     2016Q1 4,503,000 0.42 1,574,681,000 1.15% 171,544,000 12.80%
    2015Q4 3,769,000 0.35 1,564,810,000 0.96% 167,498,000 10.77%
    2015Q3 4,188,000 0.39 1,539,672,000 1.09% 167,141,000 12.18%
    2015Q2 4,074,000 0.38 1,553,340,000 1.09% 163,809,000 12.07%
     2015Q1 4,175,000 0.39 1,458,832,000 1.16% 163,516,000 12.63%
    2014Q4 3,426,000 0.32 1,482,131,000 0.92% 161,554,000 10.32%
    2014Q3 4,108,000 0.38 1,488,637,000 1.09% 159,190,000 10.20%
    2014Q2 3,747,000 0.35 1,504,080,000 0.98% 157,449,000 11.71%
    2014Q1 3,428,000 0.32 1,466,117,000 0.95% 152,416,000 11.51%
    2013Q4 3,502,000 0.33 1,463,963,000 0.95% 146,098,000 10.66%
    2013Q3 3,365,000 0.31 1,464,749,000 0.92% 146,653,000 9.19%
    2013Q2 3,242,000 0.29 1,444,496,000 0.92% 145,496,000 9.93%
    2013Q1     2,856,000 0.27 1,416,787,000 0.82%   163,671,000 9.45%  
    2012Q4 3,323,000 0.32 1,415,401,000 0.93% 156,420,000 10.57%
    2012Q3 3,223,000 0.31 1,423,316,000 0.90% 156,637,000 10.39%
    2012Q2 3,323,000 0.32 1,424,757,000 0.93% 153,405,000 11.01%
    2012Q1   2,913,000   0.28   1,423,792,000   0.84%   151,593,000   9.68%  
    2011Q4 3,022,000 0.29 1,373,456,000 0.86% 150,858,000 10.11%
    2011Q3 3,006,000 0.27 1,427,038,000 0.83% 150,538,010 10.25%
    2011Q2 3,193,000 0.29 1,417,960,000 0.89% 156,210,000 11.09%
    2011Q1   3,143,000   0.29   1,431,038,000   0.90%   151,544,000   11.43%  
    2010Q4 3,077,000 0.28 1,393,802,000 0.88% 149,848,000 10.72%
    2010Q3 3,195,000 0.29 1,374,624,000 0.93% 152,230,000 12.60%
    2010Q2 3,160,000 0.29 1,326,275,000 0.94% 150,445,000 12.87%
    2010Q1   2,684,000   0.24   1,336,554,000   0.82%   148,542,000   11.20%  
    2009Q4 2,662,000 0.24 1,330,050,000 0.80% 147,938,000 10.87%
    2009Q3 2,890,000 0.26 1,331,842,000 1.02% 147,614,000 14.76%
    2009Q2 3,425,000 0.35 1,369,986,000 1.10% 146,198,000 16.18%
    2009Q1   3,728,000   0.37   1,398,500,000   1.11%   144,600,000   16.43%  
    2008Q4 3,008,000 0.31 1,325,871,000 0.91% 117,181,000 13.19%
    2008Q3 3,831,000 0.39 1,311,157,000 1.17% 115,872,000 16.94%
    2008Q2 3,603,000 0.37 1,285,373,000 1.16% 114,758,000 16.76%
    2008Q1   3,591,000   0.37   1,248,208,000   1.18%   113,611,000   17.47%  
    2007Q4 3,488,000 0.36 1,223,250,000 1.15% 112,668,000 16.39%
    2007Q3 3,414,000 0.35 1,202,579,000 1.13% 112,105,000 15.71%
    2007Q2 3,196,000 0.33 1,161,274,000 1.13% 110,213,000 15.41%
    2007Q1   3,003,000   0.31   1,108,621,000   1.10%   108,800,000   15.12%  
    2006Q4 2,970,000 0.30 1,104,869,000 1.08% 107,327,000 14.80%
    2006Q3 3,177,000 0.32 1,095,440,000 1.17% 106,664,000 16.21%
    2006Q2 3,172,000 0.31 1,100,583,000 1.19% 105,630,000 16.42%
    2006Q1   2,978,000   0.30   1,060,373,000   1.15%   104,579,000   15.74%  
    2005Q4 3,368,000 0.34 1,042,209,000 1.33% 103,452,000 17.88%
    2005Q3 3,347,000 0.34 993,321,000 1.36% 101,844,000 18.16%
    2005Q2 3,133,000 0.32 958,572,000 1.33% 100,572,000 17.44%
    2005Q1   2,995,000   0.32   918,218,000   1.40%   99,715,000   17.74%  
    2004Q4 2,311,000 0.31 634,238,000 1.37% 52,815,000 17.59%
    2004Q3 2,216,000 0.30 630,202,000 1.44% 51,532,000 17.78%
    2004Q2 2,056,000 0.28 613,972,000 1.41% 49,515,000 16.58%
    2004Q1   1,924,000   0.26   578,219,000   1.36%   49,352,000   16.14%  
    2003Q4 2,007,000 0.27 568,812,000 1.35% 47,718,000 15.99%
    2003Q3 2,012,000 0.27 551,818,000 1.49% 46,733,000 17.24%
    2003Q2 1,729,000 0.23 531,127,000 1.35% 45,602,000 15.60%
    2003Q1   1,679,000   0.23   504,088,000   1.36%   43,952,000   15.77%  
    2002Q4 1,699,000 0.23 494,068,000 1.36% 42,695,000 15.93%
    2002Q3 1,689,000 0.23 497,248,000 1.38% 42,114,000 16.56%
    2002Q2 1,646,000 0.22 478,622,000 1.44% 39,903,000 17.14%
    2002Q1   1,473,000   0.20   436,719,000   1.37%   38,135,000   15.76%  
    2001Q4 1,409,000 0.19 434,466,000 1.31% 37,334,000 14.91%
    2001Q3 1,446,000 0.20 421,704,000 1.37% 36,978,000 16.07%
    2001Q2 1,431,000 0.19 418,925,000 1.38% 35,222,000 16.40%
    2001Q1 1,206,000 0.17 407,675,000 1.23% 34,547,000 14.63%

     
    For the
    Year
     
    Net
    Income
     
    Diluted
    EPS**
     
    Total
    Assets
     
    Return on
    Assets
     
    Total
    Equity
     
    Return on
    Equity*
     

     
    12/31/16 18,009,000 1.66 1,712,875,000 1.12% 172,520,000 12.42%
    12/31/15 16,206,000 1.51 1.564,810,000 1.07% 167,498,000 11.90%
    12/31/14 14,709,000 1.37 1,482,131,000 0.99% 161,554,000 11.57%
    12/31/13 12,965,000 1.20 1,463,963,000 0.90% 146,098,000 10.66%
    12/31/12 12,782,000 1.22 1,415,401,000 0.90% 156,420,000 10.42%
    12/31/11 12,364,000 1.14 1,373,456,000 0.87% 150,858,000 11.05%
    12/31/10 12,116,000 1.10 1,393,802,000 0.89% 149,848,000 10.83%
    12/31/09   13,042,000   1.22   1,330,050,000   0.96%    147,938,000   13.77%  
    12/31/08 14,034,000 1.44 1,325,871,000 1.10% 117,181,000 15.75%
    12/31/07 13,101,000 1.34 1,223,250,000 1.13% 112,668,000 15.89%
    12/31/06 12,295,000 1.25 1,104,869,000 1.14% 107,327,000 15.75%
    12/31/05   12,843,000   1.30   1,042,209,000   1.36%   103,452,000   17.81%  
    12/31/04 8,509,000 1.14 634,238,000 1.41% 52,815,000 17.10%
    12/31/03 7,427,000 1.00 568,812,000 1.41% 47,718,000 16.39%
    12/31/02 6,507,000 0.88 494,068,000 1.39% 42,695,000 16.34%
    12/31/01   5,493,000   0.75   434,466,000   1.33%   37,334,000   15.51%  
    12/31/00 4,607,000 0.63 393,216,000 1.27% 33,160,000 15.15%
    12/31/99 4,451,000 0.59 341,287,000 1.39% 28,662,000 15.67%
    12/31/98 4,011,000 0.52 286,806,000 1.44% 28,776,000 14.86%
    12/31/97   3,906,000   0.52   266,279,000   1.55%   25,885,000   16.16%  
    12/31/96 3,424,000 0.46 230,768,000 1.54% 22,477,000 16.38%
    12/31/95 2,720,000 0.37 212,282,000 1.34% 19,565,000 15.03%
    12/31/94 2,174,000 0.30 196,531,000 1.11% 16,892,000 13.59%
    12/31/93   1,695,000   0.23   181,051,000   0.98%   15,129,000   11.80%  
    12/31/92 1,383,000 0.16 169,588,000 0.68% 13,348,000 9.30%
    12/31/91 758,000 0.11 166,205,000 0.47% 12,441,000 6.50%
    12/31/90 347,000 0.05 157,185,000 0.22% 11,921,000 2.90%
    12/31/89   1,317,000   0.18   153,899,000   0.87%   11,897,000   11.80%  
    12/31/88 1,646,000 0.23 147,096,000 1.22% 10,862,000 16.40%
    12/31/87 1,575,000 0.25 126,172,000 1.31% 9,486,000 20.20%
    12/31/86 1,512,000 0.24 115,628,000 1.51% 7,166,000 23.50%
    12/31/85   1,132,000   0.18   88,226,000   1.39%   5,846,000   21.10%  
    12/31/84 761,000 0.12 75,052,000 1.10% 4,889,000 17.10%
    12/31/83 775,000 0.12 63,856,000 1.33% 4,265,000 20.20%
    12/31/82 443,000 0.07 52,247,000 0.92% 3,637,000 13.30%
    12/31/81   274,000   0.04   45,516,000   0.60%   3,304,000   8.80%  
    12/31/80 342,000 0.05 43,326,000 0.80% 3,126,000 11.70%
    12/31/79 377,000 0.06 37,641,000 1.00% 2,868,000 13.90%
    12/31/78 301,000 0.05 34,772,000 1.00% 2,450,000 12.30%
    12/31/77   280,000   0.04   30,159,000   0.93%   2,343,000   11.95%  
    12/31/76 256,000 0.04 25,603,000 1.00% 2,135,000 11.99%
    12/31/75 206,000 0.03 22,295,000 0.92% 2,074,000 9.93%
    12/31/74   215,000   0.03   19,600,000   1.10%   1,894,000   11.35%  
    12/31/73 242,000 0.04 18,219,000 1.33% 1,735,000 13.95%
    12/31/72 240,000 0.04 17,059,000 1.41% 1,576,000 15.23%
    12/31/71 226,000 0.04 14,983,000 1.51% 1,432,000 15.78%
    12/31/70   169,000   0.03   13,683,000   1.24%   1,287,000   13.13%  
    12/31/69 174,000 0.03 11,986,000 1.45% 1,171,000 14.86%
    12/31/68 83,000 0.01 11,324,000 0.73% 1,018,000 8.15%
    12/31/67 112,000 0.02 8,934,000 1.25% 964,000 11.62%
    12/31/66 72,000 0.01 7,916,000 0.91% 879,000 8.19%

     
    * Beginning in the first quarter of 2005, return on tangible equity is presented.  
    ** Diluted Earnings per Share (EPS) represents the actual amount per share adjusted for stock splits.  
    The information presented in this table has been compiled from historical resources and is believed to be accurate.  
    Past performance is no guarantee of future results.  
    Statistics prior to 1985 are for The First National Bank of Damariscotta, while 1985 and after are for First National Lincoln Corporation.