First Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
First Bancorp has total assets of $3.0B and total equity of $242.6M. Total deposits are $2.5B, and total loans are $2.1B. It earns a Net Interest Margin of 2.5%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $26.8M.
Key information
12.3x
Asset to equity ratio
2.5%
Net interest margin
| Total deposits | US$2.55b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$26.79m |
Recent financial health updates
No updates
Recent updates
First Bancorp (NASDAQ:FNLC) Is Paying Out A Dividend Of $0.35
Dec 26
First Bancorp's (NASDAQ:FNLC) Dividend Will Be Increased To $0.35
Jul 04First Bancorp GAAP EPS of $0.91, revenue of $24.35M
Oct 19First Bancorp declares $0.34 dividend
Sep 21First Bancorp: A Strong-Performing Bank With A 4%+ Dividend Yield
Aug 16The First Bancorp: Collect A Paycheck, Get Raises
Jul 13First Bancorp declares $0.34 dividend
Jul 07First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To US$0.34
Jul 05First Bancorp rises dividend 6.3% to 0.34/share
Jun 30First Bancorp: Wait For Better Performance
Feb 02The First Bancorp: A High Quality Bank With Decent Upside Potential
Sep 02Most Shareholders Will Probably Agree With The First Bancorp, Inc.'s (NASDAQ:FNLC) CEO Compensation
Apr 23Should You Take Comfort From Insider Transactions At The First Bancorp, Inc. (NASDAQ:FNLC)?
Mar 15Is The First Bancorp, Inc. (NASDAQ:FNLC) A Smart Choice For Dividend Investors?
Feb 22What Is The Ownership Structure Like For The First Bancorp, Inc. (NASDAQ:FNLC)?
Jan 27Why You Might Be Interested In The First Bancorp, Inc. (NASDAQ:FNLC) For Its Upcoming Dividend
Jan 01
First Bancorp (NASDAQ:FNLC) Has Compensated Shareholders With A Respectable 50% Return On Their Investment
Dec 25First Bancorp declares $0.31 dividend
Dec 17Are Insiders Buying The First Bancorp, Inc. (NASDAQ:FNLC) Stock?
Dec 04The First Bancorp: Pricey After A Major Move
Nov 10Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FNLC's Assets to Equity ratio (12.3x) is moderate.
Allowance for Bad Loans: FNLC has a sufficient allowance for bad loans (1103%).
Low Risk Liabilities: 93% of FNLC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNLC has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: FNLC's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: FNLC has an appropriate level of bad loans (0.1%).