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    The First Bancorp, Inc. (FNLC)

    20.08 Up 0.06(0.32%) 11:04AM EDT - Nasdaq Real Time Price
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    The First Bancorp, Inc.
    223 Main Street
    PO Box 940
    Damariscotta, ME 04543
    United States - Map
    Phone: 207-563-3195
    Fax: 207-563-6853
    Website: http://www.thefirstbancorp.com

    Index Membership:N/A
    Industry:Regional - Northeast Banks
    Full Time Employees:218

    Business Summary 

    The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers in coastal and eastern Maine. The company offers various deposit products, such as demand, checking, NOW, saving, money market, and certificates of deposit accounts. It also provides loan products, including commercial real estate, commercial construction, and other commercial loans; municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans comprising amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles. In addition, the company offers private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities. It operates through 16 offices in Lincoln, Knox, Hancock, Washington, and Penobscot counties. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is headquartered in Damariscotta, Maine.

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    Corporate Governance 
    The First Bancorp, Inc.’s ISS Governance QuickScore as of May 1, 2016 is 3. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 2; Compensation: 3.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Tony C. McKim , 49
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Member of Directors Loan Committee, Member of Asset Liability Committee, Member of Trust Investment Committee, Chief Exec. Officer of First National Bank, Pres of First National Bank and Director of First National Bank
    Mr. F. Stephen Ward , 62
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Member of Asset Liability Committee, Chief Financial Officer of Pemaquid Advisors, Chief Financial Officer of First National Bank, Exec. VP of the First National Bank, Principal of Pemaquid Advisors-Sub and Treasurer of First National Bank
    Mr. Charles A. Wootton , 59
    Exec. VP, Clerk, Member of Directors Loan Committee, Member of Asset Liability Committee, Exec. VP of the First National Bank and Sr. Loan Officer of the First National Bank
    Mr. Richard M. Elder , 50
    Exec. VP-Retail Services of The First National Bank
    Ms. Susan A. Norton , 55
    Exec. VP of HR -First National Bank and Compliance Officer-First National Bank
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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