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Loans (Tables)

9 Months Ended

Sep. 30, 2014

Loans and Leases Receivable Disclosure [Abstract]

Composition of Loan Portfolio

The following table shows the composition of the Company's loan portfolio as of September 30, 2014 and 2013 and at December 31, 2013:

	September 30, 2014						December 31, 2013						September 30, 2013
Commercial
Real estate	$	243,936,000			26.8	%	$	245,943,000			28.2	%	$	248,889,000			28.9	%
Construction	26,954,000				3.0	%	20,382,000				2.3	%	19,409,000				2.3	%
Other	97,651,000				10.8	%	95,289,000				10.9	%	85,130,000				9.9	%
Municipal	20,722,000				2.3	%	19,117,000				2.2	%	18,218,000				2.1	%
Residential
Term	386,768,000				42.6	%	377,218,000				43.0	%	375,387,000				43.5	%
Construction	12,253,000				1.3	%	11,803,000				1.3	%	7,617,000				0.9	%
Home equity line of credit	101,094,000				11.1	%	91,549,000				10.4	%	92,374,000				10.7	%
Consumer	18,737,000				2.1	%	15,066,000				1.7	%	15,049,000				1.7	%
Total	$	908,115,000			100.0	%	$	876,367,000			100.0	%	$	862,073,000			100.0	%

Past Due Loans Aging

Information on the past-due status of loans by class of financing receivable as of September 30, 2014, is presented in the following table:

	30-59 Days Past Due				60-89 Days Past Due				90+ Days Past Due				All Past Due				Current				Total				90+ Days & Accruing
Commercial
Real estate	$	—			$	116,000			$	1,220,000			$	1,336,000			$	242,600,000			$	243,936,000			$	—
Construction	—				—				208,000				208,000				26,746,000				26,954,000				—
Other	86,000				34,000				499,000				619,000				97,032,000				97,651,000				—
Municipal	—				—				—				—				20,722,000				20,722,000				—
Residential
Term	725,000				1,314,000				4,871,000				6,910,000				379,858,000				386,768,000				380,000
Construction	—				—				—				—				12,253,000				12,253,000				—
Home equity line of credit	595,000				107,000				657,000				1,359,000				99,735,000				101,094,000				—
Consumer	92,000				24,000				72,000				188,000				18,549,000				18,737,000				72,000
Total	$	1,498,000			$	1,595,000			$	7,527,000			$	10,620,000			$	897,495,000			$	908,115,000			$	452,000

Information on the past-due status of loans by class of financing receivable as of December 31, 2013, is presented in the following table:

	30-59 Days Past Due				60-89 Days Past Due				90+ Days Past Due				All Past Due				Current				Total				90+ Days & Accruing
Commercial
Real estate	$	82,000			$	259,000			$	745,000			$	1,086,000			$	244,857,000			$	245,943,000			$	—
Construction	—				—				—				—				20,382,000				20,382,000				—
Other	544,000				128,000				2,797,000				3,469,000				91,820,000				95,289,000				—
Municipal	—				—				—				—				19,117,000				19,117,000				—
Residential
Term	229,000				1,913,000				7,002,000				9,144,000				368,074,000				377,218,000				596,000
Construction	47,000				—				—				47,000				11,756,000				11,803,000				—
Home equity line of credit	573,000				145,000				1,001,000				1,719,000				89,830,000				91,549,000				59,000
Consumer	113,000				26,000				388,000				527,000				14,539,000				15,066,000				388,000
Total	$	1,588,000			$	2,471,000			$	11,933,000			$	15,992,000			$	860,375,000			$	876,367,000			$	1,043,000

Information on the past-due status of loans by class of financing receivable as of September 30, 2013, is presented in the following table:

	30-59 Days Past Due				60-89 Days Past Due				90+ Days Past Due				All Past Due				Current				Total				90+ Days & Accruing
Commercial
Real estate	$	1,537,000			$	—			$	2,085,000			$	3,622,000			$	245,267,000			$	248,889,000			$	—
Construction	—				—				62,000				62,000				19,347,000				19,409,000				—
Other	3,970,000				291,000				1,783,000				6,044,000				79,086,000				85,130,000				—
Municipal	—				—				—				—				18,218,000				18,218,000				—
Residential
Term	1,553,000				1,649,000				8,281,000				11,483,000				363,904,000				375,387,000				264,000
Construction	—				—				—				—				7,617,000				7,617,000				—
Home equity line of credit	666,000				—				1,045,000				1,711,000				90,663,000				92,374,000				40,000
Consumer	89,000				12,000				51,000				152,000				14,897,000				15,049,000				51,000
Total	$	7,815,000			$	1,952,000			$	13,307,000			$	23,074,000			$	838,999,000			$	862,073,000			$	355,000

Nonaccrual Loans

Information on nonaccrual loans as of September 30, 2014 and 2013 and at December 31, 2013 is presented in the following table:

	September 30, 2014				December 31, 2013				September 30, 2013
Commercial
Real estate	$	2,866,000			$	2,457,000			$	3,996,000
Construction	208,000				—				62,000
Other	1,800,000				4,370,000				2,542,000
Municipal	—				—				—
Residential
Term	6,166,000				8,484,000				10,279,000
Construction	—				—				—
Home equity line of credit	759,000				—				1,033,000
Consumer	26,000				1,007,000				—
Total	$	11,825,000			$	16,318,000			$	17,912,000

Impaired Loans by class of financing receivable

A breakdown of impaired loans by class of financing receivable as of and for the period ended September 30, 2014, is presented in the following table:

													For the nine months ended September 30, 2014								For the quarter ended September 30, 2014
	Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Recognized Interest Income				Average Recorded Investment				Recognized Interest Income
With No Related Allowance
Commercial
Real estate	$	12,509,000			$	13,064,000			$	—			$	10,700,000			$	362,000			$	11,183,000			$	123,000
Construction	—				—				—				40,000				—				—				—
Other	3,029,000				3,255,000				—				4,221,000				125,000				3,071,000				66,000
Municipal	—				—				—				—				—				—				—
Residential
Term	9,777,000				10,488,000				—				10,478,000				286,000				9,746,000				107,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	1,134,000				1,366,000				—				1,549,000				21,000				1,140,000				7,000
Consumer	26,000				28,000				—				6,000				2,000				18,000				2,000
	$	26,475,000			$	28,201,000			$	—			$	26,994,000			$	796,000			$	25,158,000			$	305,000
With an Allowance Recorded
Commercial
Real estate	$	1,909,000			$	2,071,000			$	1,041,000			$	3,517,000			$	67,000			$	3,354,000			$	24,000
Construction	1,380,000				1,380,000				411,000				1,245,000				42,000				1,455,000				14,000
Other	863,000				953,000				660,000				1,252,000				38,000				1,028,000				29,000
Municipal	—				—				—				—				—				—				—
Residential
Term	6,119,000				6,351,000				661,000				5,831,000				193,000				5,793,000				62,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	250,000				255,000				70,000				266,000				2,000				276,000				1,000
Consumer	—				—				—				—				—				—				—
	$	10,521,000			$	11,010,000			$	2,843,000			$	12,111,000			$	342,000			$	11,906,000			$	130,000
Total
Commercial
Real estate	$	14,418,000			$	15,135,000			$	1,041,000			$	14,217,000			$	429,000			$	14,537,000			$	147,000
Construction	1,380,000				1,380,000				411,000				1,285,000				42,000				1,455,000				14,000
Other	3,892,000				4,208,000				660,000				5,473,000				163,000				4,099,000				95,000
Municipal	—				—				—				—				—				—				—
Residential
Term	15,896,000				16,839,000				661,000				16,309,000				479,000				15,539,000				169,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	1,384,000				1,621,000				70,000				1,815,000				23,000				1,416,000				8,000
Consumer	26,000				28,000				—				6,000				2,000				18,000				2,000
	$	36,996,000			$	39,211,000			$	2,843,000			$	39,105,000			$	1,138,000			$	37,064,000			$	435,000

Substantially all interest income recognized on impaired loans for all classes of financing receivables was recognized on a cash basis as received.

A breakdown of impaired loans by class of financing receivable as of and for the year ended December 31, 2013, is presented in the following table:

	Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Recognized Interest Income
With No Related Allowance
Commercial
Real estate	$	11,813,000			$	12,419,000			$	—			$	11,100,000			$	495,000
Construction	—				—				—				202,000				—
Other	5,617,000				7,309,000				—				4,265,000				322,000
Municipal	—				—				—				—				—
Residential
Term	13,432,000				14,600,000				—				14,396,000				511,000
Construction	—				—				—				—				—
Home equity line of credit	1,555,000				1,791,000				—				1,578,000				32,000
Consumer	—				—				—				—				—
	$	32,417,000			$	36,119,000			$	—			$	31,541,000			$	1,360,000
With an Allowance Recorded
Commercial
Real estate	$	3,122,000			$	3,264,000			$	890,000			$	5,673,000			$	150,000
Construction	1,284,000				1,284,000				272,000				1,795,000				48,000
Other	1,081,000				1,132,000				841,000				1,633,000				28,000
Municipal	—				—				—				—				—
Residential
Term	4,354,000				4,516,000				404,000				4,982,000				162,000
Construction	—				—				—				—				—
Home equity line of credit	93,000				93,000				54,000				98,000				2,000
Consumer	—				—				—				—
	$	9,934,000			$	10,289,000			$	2,461,000			$	14,181,000			$	390,000
Total
Commercial
Real estate	$	14,935,000			$	15,683,000			$	890,000			$	16,773,000			$	645,000
Construction	1,284,000				1,284,000				272,000				1,997,000				48,000
Other	6,698,000				8,441,000				841,000				5,898,000				350,000
Municipal	—				—				—				—				—
Residential
Term	17,786,000				19,116,000				404,000				19,378,000				673,000
Construction	—				—				—				—				—
Home equity line of credit	1,648,000				1,884,000				54,000				1,676,000				34,000
Consumer	—				—				—				—				—
	$	42,351,000			$	46,408,000			$	2,461,000			$	45,722,000			$	1,750,000

A breakdown of impaired loans by class of financing receivable as of and for the period ended September 30, 2013, is presented in the following table:

													For the nine months ended September 30, 2013								For the quarter ended September 30, 2013
	Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Recognized Interest Income				Average Recorded Investment				Recognized Interest Income
With No Related Allowance
Commercial
Real estate	$	11,848,000			$	12,509,000			$	—			$	10,913,000			$	351,000			$	11,487,000			$	151,000
Construction	62,000				79,000				—				262,000				4,000				364,000				1,000
Other	3,939,000				4,282,000				—				3,793,000				168,000				3,923,000				109,000
Municipal	—				—				—				—				—				—				—
Residential
Term	15,787,000				17,888,000				—				14,435,000				385,000				15,564,000				137,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	1,638,000				1,854,000				—				1,601,000				24,000				1,644,000				9,000
Consumer	—				—				—				—				—				—				—
	$	33,274,000			$	36,612,000			$	—			$	31,004,000			$	932,000			$	32,982,000			$	407,000
With an Allowance Recorded
Commercial
Real estate	$	5,122,000			$	5,644,000			$	1,535,000			$	6,327,000			$	154,000			$	5,617,000			$	44,000
Construction	1,302,000				1,302,000				269,000				1,965,000				32,000				1,312,000				13,000
Other	987,000				1,097,000				807,000				1,843,000				11,000				1,518,000				—
Municipal	—				—				—				—				—				—				—
Residential
Term	3,351,000				3,493,000				228,000				5,261,000				105,000				3,884,000				12,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	40,000				40,000				6,000				76,000				1,000				41,000				—
Consumer	—				—				—				—				—				—				—
	$	10,802,000			$	11,576,000			$	2,845,000			$	15,472,000			$	303,000			$	12,372,000			$	69,000
Total
Commercial
Real estate	$	16,970,000			$	18,153,000			$	1,535,000			$	17,240,000			$	505,000			$	17,104,000			$	195,000
Construction	1,364,000				1,381,000				269,000				2,227,000				36,000				1,676,000				14,000
Other	4,926,000				5,379,000				807,000				5,636,000				179,000				5,441,000				109,000
Municipal	—				—				—				—				—				—				—
Residential
Term	19,138,000				21,381,000				228,000				19,696,000				490,000				19,448,000				149,000
Construction	—				—				—				—				—				—				—
Home equity line of credit	1,678,000				1,894,000				6,000				1,677,000				25,000				1,685,000				9,000
Consumer	—				—				—				—				—				—				—
	$	44,076,000			$	48,188,000			$	2,845,000			$	46,476,000			$	1,235,000			$	45,354,000			$	476,000

Troubled Debt Restructurings on Financing Receivables

The following table shows TDRs by class and the specific reserve as of September 30, 2014:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	20			$	12,809,000			$	696,000
Construction	1			1,172,000				204,000
Other	16			2,092,000				—
Municipal	—			—				—
Residential
Term	54			10,978,000				390,000
Construction	—			—				—
Home equity line of credit	5			826,000				21,000
Consumer	—			—				—
	96			$	27,877,000			$	1,311,000

The following table shows TDRs by class and the specific reserve as of December 31, 2013:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	20			$	13,018,000			$	433,000
Construction	1			1,284,000				274,000
Other	20			2,734,000				100,000
Municipal	—			—				—
Residential
Term	53			11,220,000				210,000
Construction	—			—				—
Home equity line of credit	5			842,000				—
Consumer	—			—				—
	99			$	29,098,000			$	1,017,000

The following table shows TDRs by class and the specific reserve as of September 30, 2013:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	20			$	13,520,000			$	853,000
Construction	2			1,364,000				270,000
Other	21			2,828,000				100,000
Municipal	—			—				—
Residential
Term	55			11,353,000				149,000
Construction	—			—				—
Home equity line of credit	6			856,000				6,000
Consumer	—			—				—
	104			$	29,921,000			$	1,378,000

As of September 30, 2014, 11 of the loans classified as TDRs with a total balance of $1,987,000 were more than 30 days past due. Of these loans, three loans with an outstanding balance of $416,000 had been placed on TDR status in the previous 12 months. The following table shows these TDRs by class and the associated specific reserves included in the allowance for loan losses as of September 30, 2014:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	1			$	519,000			$	519,000
Construction	—			—				—
Other	—			—				—
Municipal	—			—				—
Residential
Term	9			1,267,000				48,000
Construction	—			—				—
Home equity line of credit	1			201,000				21,000
Consumer	—			—				—
	11			$	1,987,000			$	588,000

As of September 30, 2013, 18 of the loans classified as TDRs with a total balance of $2,495,000 were more than 30 days past due. Of these loans, five loans with an outstanding balance of $957,000 had been placed on TDR status in the previous 12 months. The following table shows these TDRs by class and the associated specific reserves included in the allowance for loan losses as of September 30, 2013:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	1			$	60,000			$	—
Construction	—			—				—
Other	2			388,000				—
Municipal	—			—				—
Residential
Term	13			1,836,000				10,000
Construction	—			—				—
Home equity line of credit	2			211,000				—
Consumer	—			—				—
	18			$	2,495,000			$	10,000

For the nine months ended September 30, 2014, six loans were placed on TDR status with a post-modification outstanding balance of $832,000. This compares to ten loans placed on TDR status with a post-modification outstanding balance of $3,336,000 for the nine months ended September 30, 2013. These were considered TDRs because concessions had been granted to borrowers experiencing financial difficulties. Concessions include reductions in interest rates, principal and/or interest forbearance, payment extensions, or combinations thereof.

The following tables show loans placed on TDR status in the nine months ended September 30, 2014 and 2013, by class of loan and the associated specific reserve included in the allowance for loan losses as of September 30, 2014 and 2013:

For the nine months ended September 30, 2014	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	2			$	290,000			$	290,000			$	—
Construction	—			—				—				—
Other	—			—				—				—
Municipal	—			—				—				—
Residential
Term	4			602,000				542,000				23,000
Construction	—			—				—				—
Home equity line of credit	—			—				—				—
Consumer	—			—				—				—
	6			$	892,000			$	832,000			$	23,000

For the nine months ended September 30, 2013	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	2			$	1,890,000			$	1,890,000			$	—
Construction	—			—				—				—
Other	3			536,000				523,000				—
Municipal	—			—				—				—
Residential
Term	3			749,000				712,000				—
Construction	—			—				—				—
Home equity line of credit	2			214,000				211,000				—
Consumer	—			—				—				—
	10			$	3,389,000			$	3,336,000			$	—

For the quarter ended September 30, 2014, three loans were placed on TDR status with a post-modification outstanding balance of $545,000. This compares to three loans placed on TDR status with a post-modification outstanding balance of $410,000 for the quarter ended September 30, 2013. These were considered TDRs because concessions had been granted to borrowers experiencing financial difficulties. Concessions include reductions in interest rates, principal and/or interest forbearance, payment extensions, or combinations thereof.

The following table shows loans placed on TDR status in the three months ended September 30, 2014, by class of loan and the associated specific reserve included in the allowance for loan losses as of September 30, 2014:

For the quarter ended September 30, 2014	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	2			$	290,000			$	290,000			$	—
Construction	—			—				—				—
Other	—			—				—				—
Municipal	—			—				—				—
Residential
Term	1			255,000				255,000				8,000
Construction	—			—				—				—
Home equity line of credit	—			—				—				—
Consumer	—			—				—				—
	3			$	545,000			$	545,000			$	8,000

The following table shows loans placed on TDR status in the three months ended September 30, 2013, by class of loan and the associated specific reserve included in the allowance for loan losses as of September 30, 2013:

For the quarter ended September 30, 2013	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	—			$	—			$	—			$	—
Construction	—			—				—				—
Other	—			—				—				—
Municipal	—			—				—				—
Residential
Term	2			437,000				400,000				—
Construction	—			—				—				—
Home equity line of credit	1			10,000				10,000				—
Consumer	—			—				—				—
	3			$	447,000			$	410,000			$	—

X

- Definition

Tabular disclosure of the composition of loans contained in the loan portfolio.

+ References

No definition available.

+ Details

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Namespace Prefix:	fnlc_
Data Type:	nonnum:textBlockItemType
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X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

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Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

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Tabular disclosure of financing receivables and troubled debt restructurings.

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