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First Bancorp FNLC Occupancy and equipment

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Other financials

Income statement

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Revenue$25.8M+14.6%
Net income$9.6M+18.6%
EPS (diluted)$0.85+18.1%

Balance sheet

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Cash & equivalents$29.8M+8.8%
Total debt$214.1M+9.1%
Total equity$293.0M+10.3%
Total assets$3.2B+0.5%

Cash flow

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Operating cash flow$22.8M+945%
CapEx$189.0K+40.0%
Free cash flow$22.2M+2,587%

Valuation

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Market cap$392.63M+38.9%
Enterprise value$576.94M+27.8%
P/E10.4×+1.0×
P/S3.9×+0.6×

Profitability

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Net margin37.3%+2.8pp
FCF margin57.1%+24.5pp

Returns & leverage

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Return on equity13.5%+1.8pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: First Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 10:18 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000765207-26-000106
Line itemFor the six months ended June 30, 2026For the six months ended June 30, 2025For the quarter ended June 30, 2026For the quarter ended June 30, 2025
Total non-interest income9,112,0008,131,0004,661,0004,129,000
Non-interest expense
Salaries and employee benefits14,450,00013,126,0007,120,0006,276,000
Occupancy expense1,792,0001,753,000836,000876,000
Furniture and equipment expense2,997,0002,900,0001,454,0001,438,000
FDIC insurance premiums1,174,0001,395,000604,000701,000
Amortization of identified intangibles13,00013,0006,0006,000
Other operating expense6,567,0005,856,0003,357,0002,902,000

Item 1 – Financial Statements

FAQ

What is First Bancorp's occupancy and equipment?
First Bancorp (FNLC) reported occupancy and equipment of $836K in Q2 2026.
How has First Bancorp's occupancy and equipment changed year-over-year?
First Bancorp's occupancy and equipment decreased by 4.6% year-over-year, from $876K to $836K.
What is the long-term trend for First Bancorp's occupancy and equipment?
Over 4 years (2021 to 2025), First Bancorp's occupancy and equipment has grown at a 4.5% compound annual growth rate (CAGR), from $2.84M to $3.39M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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