Bailout Bio for The First Bancorp
The First Bancorp, Inc., is the bank-holding company for The First, N.A., with headquarters in Damariscotta, Maine. The First Bancorp, Inc., was known formerly as First National Lincoln Corporation. First Bancorp operates 14 offices in coastal Maine. In early January First Bancorp began participating in the Treasury Department’s Capital Purchase Program. Under the program the company received (pdf) $25 million from Treasury in exchange for preferred stock and warrants.
Resources
Bank Bio Chart | Financial Documents | Federal contracts
Lobbying reports | Political Contributions | Related Articles
?Financial Documents
2009-01-09 The First Bancorp 8K
2008-09-30 The First Bancorp 10Q
2007 The First Bancorp Annual Report
?Federal contracts
No federal contracts located.
?Lobbying reports (if any)
No lobbying documents located.
?Political Contributions
No political contributions located.
?Related Articles
January 21, 2009 The First Bancorp Reports Record Results for 2008, Up 7.5% Over 2007 (Yahoo Finance)
December 29, 2008 The First Bancorp Shareholders Approve Preferred Stock Issuance for U.S. Treasury Investment (Yahoo Finance)
December 4, 2008 First Bancorp To Receive $25 Million Under Treasury Program (TradingMarkets.com)
Information was obtained from Taxpayers for Common Sense.
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Tags: bailout, first bancorp, tarp, temporary asset relief program
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February 23rd, 2009 at 9:26 pm
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