The First Bancorp Inc

The First Bancorp Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It also offers various deposit products including demand NOW savings money market and certificates of deposit accounts. The company provides commercial real estate loan products such as mortgage loans to finance investments in real property comprising multi-family residential commercial/retail office industrial hotel educational and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition it offers municipal loans for capitalized expenditures construction projects or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans which are amortizing loans to individuals collateralized by automobiles pleasure crafts and recreation vehicles as well as unsecured short-term time notes. Further the company provides private banking financial planning investment management and trust services to individuals businesses non-profit organizations and municipalities as well as payment processing services. It operates through full-service banking offices in Lincoln Knox Waldo Penobscot Hancock and Washington counties in the Mid-Coast Eastern and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp Inc. in April 2008. The First Bancorp Inc. was founded in 1864 and is based in Damariscotta Maine.