10-Q quarterly report · filed May 8, 2026

First Bancorp, Inc /ME/ (FNLC) Q1 2026 10-Q Quarterly Report

Short answer

First Bancorp, Inc /ME/ (FNLC) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $39M (up 1.1% year over year) with net income of $9M.

Q1 2026 key financials · XBRL

Revenue
$39M
+1.1% YoY
Net income
$9M
+27.1% YoY
EPS (diluted)
$0.80
+27.0% YoY

Source: XBRL data from the First Bancorp, Inc /ME/ (FNLC) Q1 2026 10-Q on SEC EDGAR. USD.

First Bancorp, Inc /ME/ Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • ACL-Loans decreased $156,000, ACL-Off-Balance Commitments decreased $29,000, ACL-HTM Securities decreased $1,000
  • Management identified ACL as the most significant estimate affecting provision expense and net income
  • Key headwinds: interest-rate volatility, reduced loan demand, changing collectability, defaults and charge-offs
  • Outlook dependent on economic conditions, financial-market volatility, regulation and loan-deposit mix changes

Risk Factors

  • No material changes from the Form 10-K risk factors dated December 31, 2025
  • Credit risk remains a carried-forward banking risk
  • Interest-rate volatility remains a carried-forward financial risk
  • Liquidity and funding risk remain carried-forward risks
  • Regulatory compliance obligations remain carried-forward risks

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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