The First, N.A.

The First, N.A. is headquartered in Damariscotta and is the 4^th largest bank in the state of Maine. It is also the 478^th largest bank in the nation. It was established in 1864 and as of March of 2012, it had grown to 203 employees at 14 locations. The First, N.A. has a 3-star health rating.

The First, N.A. Checking Account Rates

The First, N.A. Savings Account Rates

The First, N.A. Money Market Rates

The First, N.A. CD Rates

Data for Q1 2012

Institution Statistics The First, N.A. FDIC Certificate # 4256 BankRate Report View Year Established 1864 Employees 203 Primary Regulator OCC Assets and Liabilities Assets $1.39 billion Loans $858.12 million Deposits $1.02 billion Equity Capital $122.58 million Loan Loss Allowance $12.95 million Unbacked Noncurrent Loans $26.39 million Real Estate Owned $4.21 million Historic Data - March 2011 Assets $1.40 billion Equity Capital $122.97 million Loan Loss Allowance $14.00 million Unbacked Noncurrent Loans $22.79 million Real Estate Owned $4.58 million Profit Margin - Quarterly Net Interest Margin 3.09% Return on Assets 0.87% Return on Equity 9.66% Interest Income $13.22 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The First, N.A. had $30.61 million in non-current loans and owned real-estate with $135.54 million in equity and loan loss allowances on hand to cover it. This gives The First, N.A. a Texas Ratio of 22.58% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The First, N.A. held steady from 19.98% as of March 31, 2011 to 22.58% as of March 31, 2012, resulting in a negative change of 13.03%. This indicates that the balance sheet and financial strength for The First, N.A. has held steady in recent periods. Deposit Growth In the past year, The First, N.A. has decreased its total deposits by -$34.13 million, resulting in -3.25% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The First, N.A. has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The First, N.A. has $1.39 billion in assets with $135.54 million in equity, resulting in a capitalization level of 9.76%, which is average.

No reviews have been left for this bank yet. Be the first to review.