First National Bank (Damariscotta, ME)
First National Bank (Damariscotta, ME) reported total assets of $3.2 bn at Q2 2026, up 0.5% on a year earlier, the 400th largest of 497 banks in our US coverage. The CET1 capital ratio at First National Bank (Damariscotta, ME) was 13.05%, and the uninsured share of First National Bank (Damariscotta, ME) was 17.20%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, First National Bank (Damariscotta, ME) slipped from 116th to 293rd among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets First National Bank (Damariscotta, ME) apart
How large is First National Bank (Damariscotta, ME)?
The balance sheet of First National Bank (Damariscotta, ME) at : assets $3.2 bn, deposits $2.7 bn, net loans $2.4 bn (loans equal to 89.50% of deposits). Securities make up 19.7% of total assets at First National Bank (Damariscotta, ME). Since , when First National Bank (Damariscotta, ME) held $1.5 bn, its assets grew 106.5%. In the year to , deposits at First National Bank (Damariscotta, ME) fell 0.9% while its total assets rose 0.5%. At , First National Bank (Damariscotta, ME) employed 278 full-time equivalent staff across 18 offices, about $11.4 mn of assets per employee and $148.9 mn of deposits per office.
How much funding at First National Bank (Damariscotta, ME) is uninsured?
At First National Bank (Damariscotta, ME), uninsured deposits (above the FDIC limit) made up 17.20% of domestic deposits at (-0.51 pp on a year earlier); First National Bank (Damariscotta, ME) ranks 435th of 500 on this measure. In dollars, First National Bank (Damariscotta, ME) estimated $461.1 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.7 bn | -0.9% | 390th of 499 |
| Net loans and leases | $2.4 bn | +1.3% | 384th of 500 |
| Loan-to-deposit ratio | 89.50% | +1.96 pp | 199th of 500 |
| Tier 1 leverage ratio | 9.20% | +0.73 pp | 409th of 500 |
| Total risk-based capital ratio | 14.18% | +0.92 pp | 231st of 448 |
| Net interest margin | 2.82% | +0.38 pp | 437th of 500 |
| Return on assets (ROA) | 1.22% | +0.22 pp | 300th of 500 |
| Efficiency ratio | 51.24% | -3.57 pp | 155th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $40.9 mn | Narrowed by $14.7 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $41.1 mn | Narrowed by $6.1 mn | |
| Noncurrent loans to total loans | 0.75% | +0.47 pp | 293rd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.20% | +0.13 pp | 346th of 500 (1 = lowest) |
US rank of First National Bank (Damariscotta, ME): 1 = highest unless marked 1 = lowest.
Balance sheet
First National Bank (Damariscotta, ME): assets, deposits and loans
- Total assets $3.2bn
- Deposits $2.7bn
- Net loans $2.4bn
Capital and securities
The CET1 ratio of First National Bank (Damariscotta, ME) stood at 13.05% in , +0.95 pp year on year. Low and high at First National Bank (Damariscotta, ME) since : 11.91% () to 15.15% (). Equity capital of First National Bank (Damariscotta, ME) at : $264.2 mn, or 8.3% of total assets. First National Bank (Damariscotta, ME) also reported a total capital ratio of 14.18% for , and a tier 1 leverage ratio of 9.20%.
On held-to-maturity securities, First National Bank (Damariscotta, ME) carried an unrealized loss of $40.9 mn at , equal to 15.5% of equity capital. The loss narrowed by $14.7 mn over the year. Its deepest point: $75.9 mn in . The available-for-sale portfolio of First National Bank (Damariscotta, ME) showed an unrealized loss of $41.1 mn at ; the loss narrowed by $6.1 mn over the year.
First National Bank (Damariscotta, ME): capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 9.2%
First National Bank (Damariscotta, ME): unrealized securities gains and losses
- Available for sale -$41mn
- Held to maturity -$41mn
Profitability and loan quality
For the year to , First National Bank (Damariscotta, ME) earned a return on equity of 14.86%; return on assets: 1.22%. Net interest margin at First National Bank (Damariscotta, ME): 2.82%, +0.38 pp in a year. First National Bank (Damariscotta, ME) net income: $19.2 mn, up 22.1% year on year. The efficiency ratio of First National Bank (Damariscotta, ME) was 51.24%: about 51 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 0.75% of total loans at First National Bank (Damariscotta, ME); net charge-offs: 0.20% of average loans. Gross loans and leases at First National Bank (Damariscotta, ME): $2.4 bn, up 1.2% in a year.
First National Bank (Damariscotta, ME): profitability
- Return on equity 15%
- Net interest margin 2.8%
- Return on assets 1.2%
Peer group of First National Bank (Damariscotta, ME)
The peer group of First National Bank (Damariscotta, ME) is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of First National Bank (Damariscotta, ME) (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Maine. Against them, First National Bank (Damariscotta, ME) shows CET1 ratio 13.05% against a peer median of 15.85%, return on equity 14.86% against a peer median of 14.18% and uninsured deposit share 17.20% against a peer median of 29.29%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Exchange Bank | State nonmember bank | CA | $3.2 bn | 18.98% | 8.44% | 25.88% | |
| Bank of Greene | Federal savings bank | NY | $3.2 bn | 15.85% | 15.59% | 14.68% | |
| Unity Bank | State nonmember bank | NJ | $3.2 bn | 14.27% | 16.24% | 42.06% | |
| First National Bank | National bank | ME | $3.2 bn | 13.05% | 14.86% | 17.20% | |
| 1st Security Bank of Washington | State-chartered stock savings bank | WA | $3.2 bn | 12.84% | 9.81% | 29.18% | |
| Monet Bank | State nonmember bank | TX | $3.2 bn | 135.52% | 12.77% | 80.17% | |
| Farmers Bank & Trust Company | State member bank | AR | $3.2 bn | not reported | 15.94% | 29.39% | |
. FDIC Call Reports.
Last eight quarters
Two years at First National Bank (Damariscotta, ME), to : assets +2.4%, deposits -0.8%, equity +15.9%. Staff 275 to 278.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.1 bn | $3.1 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.1 bn | $3.2 bn | $3.2 bn |
| Total deposits | $2.7 bn | $2.7 bn | $2.7 bn | $2.7 bn | $2.7 bn | $2.7 bn | $2.7 bn | $2.7 bn |
| Bank equity capital | $227.9 mn | $223.5 mn | $231.0 mn | $236.7 mn | $245.7 mn | $254.2 mn | $258.1 mn | $264.2 mn |
| CET1 ratio | 11.91% | 11.98% | 11.91% | 12.10% | 12.33% | 12.77% | 12.84% | 13.05% |
| Return on equity (ROE) | 12.56% | 12.79% | 13.10% | 13.67% | 14.28% | 14.89% | 14.54% | 14.86% |
| Uninsured share of domestic deposits | 17.42% | 18.57% | 17.58% | 17.71% | 19.65% | 19.39% | 18.21% | 17.20% |
| Full-time equivalent employees | 275 | 282 | 273 | 281 | 268 | 278 | 284 | 278 |
| Number of offices | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by First National Bank (Damariscotta, ME) appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of First National Bank (Damariscotta, ME)?
First National Bank (Damariscotta, ME) reported $3.2 bn at in its Call Report. That makes First National Bank (Damariscotta, ME) the 400th largest of 497 banks in our US coverage.
Is First National Bank (Damariscotta, ME) the same as its holding company?
No. This page covers First National Bank (Damariscotta, ME), FDIC certificate 4256; FIRST BCORP INC THE (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First National Bank (Damariscotta, ME) profitable?
First National Bank (Damariscotta, ME) reported net income of $19.2 mn for the year to ; annualized return on equity: 14.86%. So yes: First National Bank (Damariscotta, ME) made a profit over these months.
When is data for First National Bank (Damariscotta, ME) next updated?
Figures from First National Bank (Damariscotta, ME) for are due after .
Where can I check the figures for First National Bank (Damariscotta, ME)?
In the FDIC BankFind Suite record for certificate 4256, and in the Call Reports of First National Bank (Damariscotta, ME) (RSSD ID 439404) at the FFIEC Central Data Repository.