BHB - Bar Harbor Bankshares

NYSE American - NYSE American Delayed Price. Currency in USD

Bar Harbor Bankshares

82 Main Street
PO Box 400
Bar Harbor, ME 04609
United States
207-288-3314
http://www.bhbt.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees445

Key Executives

NameTitlePayExercisedYear Born
Mr. Curtis C. SimardPres, CEO & Director938.74kN/A1971
Ms. Josephine IannelliExec. VP, CFO & Treasurer578.2kN/A1972
Mr. Richard B. MaltzExec. VP, COO & Chief Risk Officer of Bar Harbor Bank & Trust573.84kN/A1960
Mr. John M. MercierExec. VP & Chief Lending Officer419.27kN/A1964
Ms. Marion ColomboExec. VP & Director of Retail Delivery419.02kN/A1966
Amounts are as of December 31, 2018 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.

Description

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, retail, and wealth management banking products and services. It offers various deposit products, including interest-bearing and non-interest-bearing demand accounts, time deposits, and checking, savings, and money market accounts, as well as certificates of deposit. The company also provides commercial real estate loans, such as single and multi-family, commercial construction and land, and other commercial real estate classes; commercial and industrial loans, including loans to commercial businesses; agricultural and other loans to farmers; and tax exempt loans; residential real estate loans consist of mortgages for 1-to-4 family housing; and consumer loans comprises home equity loans and lines of credit, auto, and other installment lending. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third party investment and insurance services. Further, the company offers investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and trust services, such as custody, estate settlement, and fiduciary tax services. Additionally, it provides trust management services include trustee of both living trusts and trusts under wills, such as revocable, irrevocable, charitable remainder, and testamentary trusts, as well as holds accounts for and manages financial, real estate, and special assets. As of December 31, 2018, the company provided a range of financial services through its 48 full-service branches in Maine, New Hampshire, and Vermont. Bar Harbor Bankshares was founded in 1887 and is based in Bar Harbor, Maine.

Corporate Governance

Bar Harbor Bankshares’s ISS Governance QualityScore as of June 25, 2019 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.