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PublishedSeptember 29, 2017
First National Bank decleares third-quarter dividend
The Board of Directors of The First Bancorp, the parent company of First National Bank, Sept. 28 declared a quarterly dividend of 24 cents per share. This third-quarter dividend is payable Oct. 31 to shareholders of record as of Oct. 13. Based on the Sept. 27 closing price of $30.39 per share, the annualized dividend of 96 cents per share translates into a yield of 3.16 percent.
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PublishedAugust 31, 2017
Local architecture firm wins recognition for remodel
Priestley + Associates Architecture of Rockport has been selected as a winner in the annual Integrity Windows and Doors 2017 Red Diamond Achiever Awards competition for its Gallery Addition project in Owls Head. The competition recognizes architects and builders for excellence in new residential and remodel projects.
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PublishedAugust 18, 2017
Dream Local adds to board
Dream Local Digital has added Todd Handy to its Board of Directors. With more than eight years of experience in monetization in the digital media industry, Handy has held leadership roles in sales, publisher development, advertising products and adtech at Deseret Digital Media and Tout. In his current role at MarketStar, he is charged with building out MarketStar’s digital media and adtech practice, specifically ...
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PublishedJuly 28, 2017
Bar Harbor Bank & Trust reports strong second quarter
Bar Harbor Bankshares reported second-quarter 2017 net income of $6.6 million, or 42 cents per share. Core earnings totaled $8.1 million, or 52 cents per share. Net income increased 56 percent over the prior quarter and core earnings increased 21 percent, reflecting the strength of the expanded operations, the bank said. Merger-related and systems conversion costs in the second quarter of 2017 totaled $0.10 per ...
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PublishedJuly 26, 2017
Camden National reports 6 percent earnings increase for quarter
Camden National Corp. reported net income for the second quarter of 2017 of $10.2 million and diluted earnings per share of $0.66 per share, each representing an increase over the second quarter of 2016 of 6 percent. For the first half of 2017, the company's reported net income of $20.3 million and diluted EPS of $1.30 per share represented an increase over the same period last year of 11 percent and 10 percent, ...
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PublishedJuly 21, 2017
First National Bank says earnings are up
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 ...
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PublishedJuly 7, 2017
First National declares second-quarter dividend
First National Bank declared a quarterly dividend of 24 cents per share June 29. This second-quarter dividend is payable July 28 to shareholders of record as of July 10, and is up one cent from the 23 cents per share the company paid in each of the past four quarters. Based on the June 28 closing price of $27.50 per share, the annualized dividend of 96 cents per share translates into a yield of 3.49 percent. For ...
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PublishedJuly 6, 2017
Camden National declares quarterly dividend
Camden National Corp. announced June 27 that the board of directors of the company declared a dividend of $0.23 per share payable on July 31 for shareholders of record on July 17.
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PublishedJuly 6, 2017
Apply to CMP's electric vehicle grant program by July 30
Central Maine Power, a subsidiary of AVANGRID Inc., is launching a new phase in its Plug-In Electric Vehicle Grant Program. The utility will offer selected nonprofit organizations matching funds to support the lease or purchase of eligible vehicles or the purchase and installation of a Level 2 or 3 charging station. This marks the fourth year that CMP has offered grants for PEVs and charging infrastructure. The ...
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PublishedMay 24, 2017
Bar Harbor Bank & Trust elects new director
Leonard R. Cashman was elected to serve as a director of both Bar Harbor Bank & Trust and its parent company, Bar Harbor Bankshares. Cashman is an owner and partner of C.O. Properties, a real estate holding company based in New Hampshire. For about 25 years, he worked in the wholesale food industry throughout New England, rising to the position of vice president and general manager at P&C Foods Inc. Cashman has ...
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