The First Bancorp Q2 Profit Rises

7/18/2012 7:43 PM ET

The First Bancorp (FNLC: Quote) reported second-quarter net income of $3.3 million or $0.32 per share, up from $3.2 million or $0.29 per share in the year-ago quarter.

Net interest income for the latest quarter declined to $9.9 million from last year's $10.2 million. Total non-interest income rose to $3.9 million from $2.2 million last year.

Provision for loan losses increased to $2.8 million from $2.0 million in the year-ago quarter.

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by RTT Staff Writer

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