First Bancorp
Bruce Tindal
Updated: May 10, 2023
First Bancorp taps real estate veteran to lead board
The founder of Tindal & Callahan Real Estate has been elected board chair of First Bancorp (Nasdaq: FLNC), the Damariscotta-based parent company of First National Bank.
Bruce Tindal will succeed Mark Rosborough, who had served as chairman since 2017 and retired from the board on April 26.
Tindal has served as a director of the company since 1999 and guided it through the merger of First National Bank of Damariscotta with First National Bank of Bar Harbor. He has chaired the compensation director's loan and governance committees during his tenure and served on the asset-liability and trust-investment committees.
He began his career as a Realtor in 1977, when he joined Miriam E. Schmidtmann Real Estate. He then joined the Ethelyn P. Giles Agency in Boothbay.
Tindal founded his real estate company in 1985.
He served as the president and treasurer of the Lincoln County Board of Realtors and is a lifetime member of the Maine Association of Realtors. Tindal was a founding member of the Coastal Connection.
The Massachusetts native is a Boothbay resident and has been an active member of the community since he moved to the area in 1972. He is past president and a member of the Boothbay Harbor Rotary Club. He has served the Boothbay Region Land Trust, Boothbay Harbor Region Chamber of Commerce, St. Andrews’ Village and St. Andrews’ Hospital.
First Bancorp, founded in 1864, is a community bank with $2.59 billion in assets. The bank has 18 branches in Maine.
First National Bank was ranked No. 4 on the recent Mainebiz list of the largest Maine-based banks, based on total assets as of June 30, 2022.
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