The First Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total interest income of $13,038,000 against $12,790,000 for the same period a year ago. Net interest income was $10,645,000 against $10,047,000 for the same period a year ago. Income before income taxes was $5,014,000 against $4,474,000 for the same period a year ago. Net income was $3,769,000 or $0.35 diluted per share against $3,426,000 or $0.32 diluted per share for the same period a year ago. Return on average equity was 8.85% against 8.39% for the same period a year ago. Return on average assets was 0.96% against 0.92% for the same period a year ago. Return on average tangible common equity was 10.77% against 10.32% for the same period a year ago.

For the year, the company reported total interest income of $50,810,000 against $51,022,000 for the same period a year ago. Net interest income was $40,936,000 against $39,597,000 for the same period a year ago. Income before income taxes was $21,720,000 against $19,275,000 for the same period a year ago. Net income was $16,206,000 or $1.51 diluted per share against $14,709,000 or $1.37 diluted per share for the same period a year ago. Book value per common share was $15.58 against $15.06 for the same period a year ago. Return on average equity was 9.74% against 9.34% for the same period a year ago. Return on average assets was 1.07% against 0.99% for the same period a year ago. Return on average tangible common equity was 11.90% against 11.57% for the same period a year ago.