First National Bank
FDIC #4256
📍 Damariscotta, Maine
First National Bank is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in 04/19/1864. With assets of $2.91 Billion, it operates 18 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 14, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 14, 2022
Satisfactory
September 30, 2019
Satisfactory
August 8, 2016
Satisfactory
💰 Financial Strength
Total Assets$2.91 Billion
Total Deposits$2.60 Billion
Equity Capital$198.19 Million
Net Income$23.55 Million
📈 Performance
ROA1.12%
ROE15.66%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established04/19/1864
FDIC Cert4256
Holding CoFirst Bcorp Inc The
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ Lobby Hours
Monday8:30 AM - 4:00 PM
Tuesday8:30 AM - 4:00 PM
Wednesday8:30 AM - 4:00 PM
Thursday8:30 AM - 4:00 PM
Friday8:30 AM - 5:00 PM
Saturday8:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2020
Name Change
Name became: Changed Institution Name To First National Bank.
2012
Relocation
Moved HQ to: 223 Main Street, Damariscotta, ME 04543.
2006
Name Change
Name became: Changed Institution Name To The First, N.a..
2005
Merger / Acquisition
Acquired: The First National Bank Of Bar Harbor