0000765207false00007652072024-09-262024-09-26

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): September 26, 2024


THE FIRST BANCORP, INC.
(Exact name of Registrant as specified in charter)

Maine
(State or other jurisdiction of incorporation)
0-2658901-0404322
(Commission file number)(IRS employer identification no.)
223 Main StreetDamariscottaMaine04543
(Address of principal executive offices)(Zip Code)
(207) 563-3195
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligations
of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Securities registered pursuit to Section 12(b) of the Exchange Act:
 Title of Each ClassTrading SymbolName of each exchange on which registered
Common Stock, par value $0.01 per shareFNLCNASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


TABLE OF CONTENTS

Item 8.01 Other Events            Page 1

Item 9.01 Financial Statements and Exhibits.        Page 1

Signatures                     Page 2

Exhibit Index                Page 3



Item 8.01 Other Events.

On September 26, 2024, the Registrant issued the press release filed herewith as Exhibit 99.1 announcing the declaration of a cash dividend.




Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibits.
--------

The following Exhibit is being furnished herewith:





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



THE FIRST BANCORP, INC.


By: /s/ Richard M. Elder
---------------------
Richard M. Elder
Executive Vice President & Chief Financial Officer
September 26, 2024











































Exhibit Index
--------------

Exhibit
Number Description of Exhibit
------ ------------------------




Exhibit 99.1

The First Bancorp Declares Third Quarter Dividend
DAMARISCOTTA, ME--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This third quarter dividend is payable October 18, 2024 to shareholders of record as of October 8, 2024.

"I'm pleased to announce a dividend of 36 cents per share for the third quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value we offer our shareholders. Based on a closing price of $26.03 per share on September 25, 2024, the annualized dividend of $1.44 per share represents an attractive yield of 5.53%."
The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties.
Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission.
Category: Dividends
Source: The First Bancorp



The First Bancorp
Richard M. Elder, EVP, Chief Financial Officer
207-563-3195
rick.elder@thefirst.com

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Document and Entity Information
Sep. 26, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Sep. 26, 2024
Entity Registrant Name FIRST BANCORP, INC
Entity Central Index Key 0000765207
Amendment Flag false
Entity Incorporation, State or Country Code ME
Entity File Number 0-26589
Entity Tax Identification Number 01-0404322
Entity Address, Address Line One 223 Main Street
Entity Address, City or Town Damariscotta
Entity Address, State or Province ME
Entity Address, Postal Zip Code 04543
City Area Code 207
Local Phone Number 563-3195
Written Communications false
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
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