First Bancorp reports results
Published 12:07 am Wednesday, February 15, 2012
First Bancorp, the parent company of First Bank, announces net income available to common shareholders of $0.2 million, or $0.01 per diluted common share, for the three months ended Dec. 31, 2011, compared to a net loss available to common shareholders of $3.3 million, or ($0.19) per diluted common share, for the same period in 2010. For the year ended Dec. 31, 2011, net income available to common shareholders amounted to $7.5 million, or $0.44 per diluted common share, compared to $5.9 million, or $0.35 per diluted common share, for the year ended Dec. 31, 2010.