The First Bancorp, parent company of First National Bank, announced July 19 that net income for the three months ended June 30 was $4.9 million, up $259,000, or 5.6 percent, from the quarter ended a year earlier. Earnings per common share on a fully diluted basis were $0.45, up $0.02, or 4.7 percent, from the same period in 2016.
The company also announced operating results for the six months ended June 30: net income was $9.5 million, up $393,000, or 4.3 percent, from the first six months of 2016, with earnings per share on a fully diluted basis of $0.88, up $0.04, or 4.8 percent, from the same period in 2016.
For more information, contact F. Stephen Ward, the First Bancorp's treasurer and chief financial officer, at 563.3272.
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