First Bancorp Inc.

Tiny home development planned in Bangor

A 19-acre parcel is planned for an affordable housing development of 30 tiny homes. “I think it’s a great project. It’s exciting to see,” said the planning board chair.

Two Maine banks chip in on MDI Hospital’s campus improvement project

The donations will help fund improvements to the hospital’s main campus in Bar Harbor, including an expanded emergency department, main entrance and ambulance bay.

First National Bank promotes 2 employees to executive roles

First National Bank has promoted Jody Brown to executive vice president and chief risk officer and Marcia Benner to executive vice president and chief administrative officer.

First National Bank parent posts 9% increase in Q4 net income

The Damariscotta-based company said that asset quality continues to be stable and favorable.
- Advertisement -

🔒With apps and online banking, what’s the role of the local bank branch?

Mainebiz spoke with Maine leaders about today’s banking environment, customer preferences and bank strategy. Here’s what they had to say.

First National Bank parent reports Q3 earnings up slightly from a year ago

Damariscotta-based First Bancorp reported third-quarter earnings of $7.6 million, up slightly from $7.5 million a year ago.

First National donates $20,000 to Tedford Housing toward new emergency shelter

On just over three acres, the building will increase shelter capacity by 60% and support case management and community resources.

First National Bank parent reports Q2 earnings uptick, though down from last year

Damariscotta-based First Bancorp said earnings for the second quarter increased 2.5% and earnings per diluted share were up 2.4%.
- Advertisement -

First National Bank parent posts 25% drop in Q1 net income

CEO Tony McKim said the first quarter was in many ways a continuation of the primary themes and challenges the bank saw throughout 2023.

🔒Riding out the storm: Amid economic uncertainty, Maine banks keep calm and carry on

Maine banks, like ones across the country, are getting impatient for the Federal Reserve to cut interest rates.
1234Page 1 of 4
Get our email newsletters

Stay up-to-date on the companies, people and issues that impact businesses in Maine.

Sign Up Now
ADVERTISEMENT

Latest Stories

More Business News
ADVERTISEMENT

Thought Leaders

More Thought Leaders

Career Opportunities

More Careers | Submit a Listing

Upcoming Events

View Calendar
More Events | Submit an Event