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The First Bancorp

OverviewSuggest Edit

The First Bancorp is the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers. The Bank offers a wide variety of retail and commercial banking services including various deposit products, loan products, private banking, financial planning, investment management, and trust services. First National Bank has made significant capital investments in its technology infrastructure, and today offers a comprehensive range of electronic banking services in addition to those provided in traditional banking offices.

TypePublic
Founded1864
HQDamariscotta, ME, USMap
Websitethefirst.com

Locations

The First Bancorp is headquartered in
Damariscotta, United States

Location Map
All Locations (2)

Latest Updates

Employees (est.) (Dec 2019)240(+3%)
Revenue (FY, 2019)$14.2 M(+13%)
Share Price (Feb 2021)$25.8 (+3%)
Cybersecurity ratingAMore

Key People/Management at The First Bancorp

Amanda Horton

Amanda Horton

Assistant Vice President, Relationship Manager
Gary E. Stone

Gary E. Stone

Vice President, Portfolio Manager, Sr. Business Development Officer
Robert B. Gregory

Robert B. Gregory

Director of the Company
Peter Nicholson

Peter Nicholson

Vice President, Senior Portfolio Manager
Renee W. Kelly

Renee W. Kelly

Director of the Company
Mark N. Rosborough

Mark N. Rosborough

Director of the Company
Show more

The First Bancorp Office Locations

The First Bancorp has offices in Damariscotta and Bangor
Damariscotta, ME, US (HQ)
223 Main St
Bangor, ME, US
145 Exchange St
Show all (2)

The First Bancorp Financials and Metrics

The First Bancorp Revenue

The First Bancorp's revenue was reported to be $14.19 m in FY, 2019
USD

Revenue (Q3, 2020)

4.8m

Net income (Q3, 2020)

7.1m

Market capitalization (8-Feb-2021)

282.0m

Closing stock price (8-Feb-2021)

25.8

Cash (30-Sept-2020)

22.7m

EV

543.1m
The First Bancorp's current market capitalization is $282 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

9.1m11.8m11.3m12.1m11.0m12.2m12.5m12.5m12.6m14.2m

Operating expense total

7.2m8.4m8.0m8.5m8.8m8.4m7.7m7.9m8.2m9.7m

Depreciation and amortization

326.0k326.0k58.0k43.0k43.0k43.0k43.0k

Interest expense

16.7m14.7m12.9m12.5m11.4m9.9m10.8m13.5m20.3m26.2m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.3m2.2m2.1m2.2m3.9m2.5m3.3m3.6m2.6m2.3m2.5m3.7m3.7m2.8m3.0m3.0m3.0m3.5m2.8m3.0m3.5m3.1m3.2m3.0m3.1m3.6m3.5m4.2m4.6m4.8m

Operating expense total

1.9m1.9m2.4m1.7m2.3m2.0m2.4m2.3m1.9m1.9m2.2m2.2m1.9m2.0m2.4m2.0m2.1m1.8m2.0m2.0m1.9m2.2m2.0m1.9m2.1m2.4m2.6m4.0m2.2m2.2m

Depreciation and amortization

82.0k82.0k81.0k82.0k25.0k11.0k11.0k11.0k11.0k10.0k11.0k11.0k10.0k11.0k11.0k10.0k11.0k11.0k10.0k11.0k11.0k10.0k

Interest expense

3.7m3.8m3.7m3.3m3.2m3.2m3.1m3.1m3.2m2.9m2.9m2.9m2.7m2.5m2.3m2.5m2.6m2.8m3.0m3.3m3.6m4.0m4.9m5.6m6.4m6.9m6.7m5.8m4.3m3.8m
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

13.8m14.1m15.0m16.6m13.1m14.3m17.4m19.2m19.1m14.4m

Accounts Receivable

874.3m852.0m856.8m864.9m907.2m978.7m143.4m1.2b1.2b1.3b

Inventories

1.1b

PP&E

19.0m18.8m23.0m23.6m22.6m21.8m22.2m22.5m22.1m21.3m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

13.7m14.3m16.6m12.1m14.2m14.9m16.5m18.7m20.1m13.9m20.4m17.2m13.9m16.5m19.2m14.5m20.8m23.5m17.6m20.2m22.4m16.6m21.1m21.6m15.3m16.9m21.4m21.1m22.1m22.7m

Accounts Receivable

880.7m871.9m853.3m857.9m867.4m855.1m850.8m853.4m849.6m857.3m880.2m896.5m929.0m953.2m953.5m994.7m1.0b1.0b1.1b1.1b1.1b1.2b1.2b1.2b1.3b1.2b1.3b1.3b1.4b

PP&E

18.7m18.4m18.9m18.7m18.5m18.4m22.9m23.9m23.7m23.2m21.9m22.7m22.3m21.9m21.7m21.4m21.1m21.8m21.8m21.4m21.7m22.0m21.7m21.5m21.8m21.0m21.2m21.2m20.7m27.1m

Goodwill

27.7m27.7m27.7m27.7m27.7m27.7m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m29.8m
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

12.1m12.4m12.7m13.0m14.7m16.2m18.0m19.6m23.5m25.5m

Depreciation and Amortization

1.4m1.4m1.3m2.6m2.6m2.0m2.0m2.1m2.0m2.3m

Cash From Operating Activities

25.1m29.7m25.0m25.0m20.5m20.7m21.6m22.5m33.8m26.1m

Purchases of PP&E

(2.0m)(1.2m)(1.7m)(2.4m)(1.9m)(927.0k)(2.1m)(2.5m)(1.5m)(1.6m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

3.1m6.3m9.3m2.9m6.2m9.5m2.9m6.1m9.5m3.4m7.2m11.3m4.2m8.2m12.4m4.5m9.1m13.7m4.6m9.5m14.5m5.5m11.2m17.2m6.2m12.6m18.8m6.5m13.1m20.2m

Depreciation and Amortization

341.0k681.0k1.0m333.0k663.0k992.0k405.0k838.0k1.9m669.0k1.3m1.9m516.0k1.0m1.5m492.0k978.0k1.5m513.0k1.0m1.5m518.0k1.0m1.5m537.0k1.1m1.7m627.0k1.2m2.0m

Cash From Operating Activities

9.0m15.0m23.4m6.7m11.5m18.0m5.1m11.3m17.7m3.0m7.3m12.8m2.9m8.1m14.4m3.2m7.1m14.1m3.1m9.2m18.0m10.9m18.2m24.3m730.0k6.4m14.4m2.9m5.2m21.1m

Purchases of PP&E

(51.0k)(57.0k)(915.0k)(213.0k)(321.0k)(554.0k)(284.0k)(1.8m)(2.0m)(71.0k)(396.0k)(1.6m)(76.0k)(178.0k)(371.0k)(8.0k)(161.0k)(1.3m)(22.0k)(80.0k)(914.0k)(132.0k)(217.0k)(433.0k)(161.0k)(220.0k)(960.0k)(389.0k)(475.0k)(7.5m)
show all
USDFY, 2010

Debt/Equity

1.7 x

Debt/Assets

0.2 x

Financial Leverage

9.3 x
Show all financial metrics

The First Bancorp Operating Metrics

The First Bancorp's Total Loans was reported to be $1.1b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$10.51 m$10.33 m$8.93 m$7.98 m$7.37 m$6.69 m$6.48 m$7.13 m$7.77 m$8.50 m$7.43 m

Total Loans

$917.56 m$939.17 m$963.11 m$963.15 m$988.64 m$1 b$1.04 b$1.03 b$1.07 b$1.09 b$1.12 b
Show all operating metrics

The First Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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The First Bancorp Online and Social Media Presence

The First Bancorp's Trends

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 The First Bancorp Frequently Asked Questions

  • When was The First Bancorp founded?

    The First Bancorp was founded in 1864.

  • Who are The First Bancorp key executives?

    The First Bancorp's key executives are Amanda Horton, Gary E. Stone and Robert B. Gregory.

  • How many employees does The First Bancorp have?

    The First Bancorp has 240 employees.

  • What is The First Bancorp revenue?

    Latest The First Bancorp annual revenue is $14.2 m.

  • What is The First Bancorp revenue per employee?

    Latest The First Bancorp revenue per employee is $59.1 k.

  • Who are The First Bancorp competitors?

    Competitors of The First Bancorp include Wells Fargo, Regions Financial and BancFirst.

  • Where is The First Bancorp headquarters?

    The First Bancorp headquarters is located at 223 Main St, Damariscotta.

  • Where are The First Bancorp offices?

    The First Bancorp has offices in Damariscotta and Bangor.

  • How many offices does The First Bancorp have?

    The First Bancorp has 2 offices.