First Bancorp Q3 2026 net income rises 18% year over year to $10.67 million
FNLC•The First Bancorp’s third-quarter 2026 net income rose 18% year over year to a record $10.7 million.
1. Quarterly results
The First Bancorp reported third-quarter 2026 net income of $10.7 million, up 18% year over year and a record. Net interest income rose 12% to $22.5 million, supported by earning-asset growth and lower funding costs. Non-interest income increased 11% to $5 million, while non-interest expense rose 6% to $13.5 million. Quarter-end deposits reached $2.79 billion, enabling reductions in short-term time deposits and borrowings.
