Name | Value |
---|---|
Revenues | 38.9M |
Cost of Revenue | 4.1M |
Gross Profit | 34.8M |
Operating Expense | 3.5M |
Operating I/L | 0.7M |
Other Income/Expense | -2.3M |
Interest Income | 4.1M |
Pretax | 8.1M |
Income Tax Expense | 1.4M |
Net Income/Loss | 6.7M |
The First Bancorp, Inc. operates as a banking holding company, providing a range of banking products and services to individuals and businesses. Its offerings include various deposit products, commercial real estate loans, municipal loans, residential and consumer loans, private banking, financial planning, investment management, trust services, and payment processing. The company generates revenue through interest income from loans, fees from banking services, and investment management fees. It operates through 18 full-service banking offices in Maine, serving the Mid-Coast, Eastern, and Down East regions. The company's primary focus is on providing financial solutions and services to its customers.