XML 13 R39.htm IDEA: XBRL DOCUMENT v2.4.1.9

Loans (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2014 and 2013:

	December 31, 2014							December 31, 2013
Commercial
Real estate	$	242,311,000			26.4	%		$	245,943,000			28.2	%
Construction	30,932,000				3.4	%		20,382,000				2.3	%
Other	104,531,000				11.4	%		95,289,000				10.9	%
Municipal	20,424,000				2.2	%		19,117,000				2.2	%
Residential
Term	384,032,000				41.9	%		377,218,000				43.0	%
Construction	12,160,000				1.3	%		11,803,000				1.3	%
Home equity line of credit	103,521,000				11.3	%		91,549,000				10.4	%
Consumer	19,653,000				2.1	%		15,066,000				1.7	%
Total loans	$	917,564,000			100.0	%		$	876,367,000			100.0	%

Loans to Directors, Officers and Employees which exceed $60,000

A summary of loans to directors and executive officers is as follows:

For the years ended December 31,	2014				2013
Balance at beginning of year	$	14,884,000			$	14,917,000
New loans	8,932,000				909,000
Repayments	(8,960,000		)		(942,000		)
Balance at end of year	$	14,856,000			$	14,884,000

Past Due Loans Aging

Information on the past-due status of loans as of December 31, 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	$	24,000			$	75,000			$	761,000			$	860,000			$	241,451,000			$	242,311,000			$	—
Construction	—				41,000				208,000				249,000				30,683,000				30,932,000				—
Other	3,000				—				857,000				860,000				103,671,000				104,531,000				—
Municipal	—				—				—				—				20,424,000				20,424,000				—
Residential
Term	856,000				468,000				5,679,000				7,003,000				377,029,000				384,032,000				101,000
Construction	—				—				—				—				12,160,000				12,160,000				—
Home equity line of credit	622,000				720,000				780,000				2,122,000				101,399,000				103,521,000				—
Consumer	637,000				52,000				80,000				769,000				18,884,000				19,653,000				80,000
Total	$	2,142,000			$	1,356,000			$	8,365,000			$	11,863,000			$	905,701,000			$	917,564,000			$	181,000

Information on the past-due status of loans 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

Nonaccrual Loans

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

As of December 31,	2014				2013
Commercial
Real estate	$	2,088,000			$	2,457,000
Construction	208,000				—
Other	935,000				4,370,000
Municipal	—				—
Residential
Term	6,421,000				8,484,000
Construction	—				—
Home equity line of credit	832,000				1,007,000
Consumer	26,000				—
Total	$	10,510,000			$	16,318,000

Impaired Loans

Information regarding impaired loans is as follows:

For the years ended December 31,	2014				2013				2012
Average investment in impaired loans	$	38,404,000			$	45,722,000			$	45,019,000
Interest income recognized on impaired loans, all on cash basis	1,465,000				1,750,000				1,039,000

As of December 31,	2014				2013
Balance of impaired loans	$	35,862,000			$	42,351,000
Less portion for which no allowance for loan losses is allocated	(26,313,000		)		(32,417,000		)
Portion of impaired loan balance for which an allowance for loan losses is allocated	$	9,549,000			$	9,934,000
Portion of allowance for loan losses allocated to the impaired loan balance	$	1,803,000			$	2,461,000

Impaired Loans by class of financing receivable

A breakdown of impaired loans by category as of December 31, 2014, 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	$	11,687,000			$	12,423,000			$	—			$	11,080,000			$	488,000
Construction	—				—				—				30,000				—
Other	2,616,000				3,407,000				—				3,853,000				156,000
Municipal	—				—				—				—				—
Residential
Term	10,820,000				11,824,000				—				10,505,000				402,000
Construction	—				—				—				—				—
Home equity line of credit	1,164,000				1,395,000				—				1,447,000				29,000
Consumer	26,000				28,000				—				11,000				3,000
	$	26,313,000			$	29,077,000			$	—			$	26,926,000			$	1,078,000
With an Allowance Recorded
Commercial
Real estate	$	1,617,000			$	1,789,000			$	346,000			$	3,040,000			$	62,000
Construction	1,380,000				1,380,000				413,000				1,279,000				56,000
Other	326,000				338,000				129,000				1,103,000				13,000
Municipal	—				—				—				—				—
Residential
Term	5,303,000				5,513,000				519,000				5,738,000				239,000
Construction	—				—				—				—				—
Home equity line of credit	923,000				929,000				396,000				318,000				17,000
Consumer	—				—				—				—				—
	$	9,549,000			$	9,949,000			$	1,803,000			$	11,478,000			$	387,000
Total
Commercial
Real estate	$	13,304,000			$	14,212,000			$	346,000			$	14,120,000			$	550,000
Construction	1,380,000				1,380,000				413,000				1,309,000				56,000
Other	2,942,000				3,745,000				129,000				4,956,000				169,000
Municipal	—				—				—				—				—
Residential
Term	16,123,000				17,337,000				519,000				16,243,000				641,000
Construction	—				—				—				—				—
Home equity line of credit	2,087,000				2,324,000				396,000				1,765,000				46,000
Consumer	26,000				28,000				—				11,000				3,000
	$	35,862,000			$	39,026,000			$	1,803,000			$	38,404,000			$	1,465,000

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 category as of 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 category as of December 31, 2012, 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	$	9,386,000			$	9,963,000			$	—			$	10,102,000			$	199,000
Construction	101,000				115,000				—				2,533,000				—
Other	4,737,000				5,345,000				—				2,877,000				53,000
Municipal	—				—				—				—				—
Residential
Term	12,747,000				14,440,000				—				9,801,000				189,000
Construction	—				—				—				560,000				—
Home equity line of credit	1,311,000				1,440,000				—				961,000				27,000
Consumer	—				—				—				3,000				—
	$	28,282,000			$	31,303,000			$	—			$	26,837,000			$	468,000
With an Allowance Recorded
Commercial
Real estate	$	6,388,000			$	7,018,000			$	1,523,000			$	4,614,000			$	211,000
Construction	3,253,000				3,253,000				969,000				1,816,000				85,000
Other	1,124,000				1,126,000				652,000				1,974,000				38,000
Municipal	—				—				—				—				—
Residential
Term	6,697,000				6,842,000				395,000				9,066,000				237,000
Construction	—				—				—				261,000				—
Home equity line of credit	—				—				—				442,000				—
Consumer	—				—				—				9,000				—
	$	17,462,000			$	18,239,000			$	3,539,000			$	18,182,000			$	571,000
Total
Commercial
Real estate	$	15,774,000			$	16,981,000			$	1,523,000			$	14,716,000			$	410,000
Construction	3,354,000				3,368,000				969,000				4,349,000				85,000
Other	5,861,000				6,471,000				652,000				4,851,000				91,000
Municipal	—				—				—				—				—
Residential
Term	19,444,000				21,282,000				395,000				18,867,000				426,000
Construction	—				—				—				821,000				—
Home equity line of credit	1,311,000				1,440,000				—				1,403,000				27,000
Consumer	—				—				—				12,000				—
	$	45,744,000			$	49,542,000			$	3,539,000			$	45,019,000			$	1,039,000

Troubled Debt Restructurings on Financing Receivables

The following table shows TDRs by class and the specific reserve as of December 31, 2014:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	19			$	12,282,000			$	267,000
Construction	1			1,172,000				207,000
Other	15			2,007,000				—
Municipal	—			—				—
Residential
Term	54			10,932,000				373,000
Construction	—			—				—
Home equity line of credit	5			821,000				21,000
Consumer	—			—				—
	94			$	27,214,000			$	868,000

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

As of December 31, 2014, 12 of the loans classified as TDRs with a total balance of $1,549,000 were more than 30 days past due. Of these loans, two loans with an outstanding balance of $238,000 had been placed on TDR status in the previous 12 months. The following table shows past-due TDRs by class and the associated specific reserves included in the allowance for loan losses as of December 31, 2014:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	1			$	321,000			$	120,000
Construction	—			—				—
Other	1			2,000				—
Municipal	—			—				—
Residential
Term	8			1,000,000				36,000
Construction	—			—				—
Home equity line of credit	2			226,000				21,000
Consumer	—			—				—
	12			$	1,549,000			$	177,000

As of December 31, 2013, 16 of the loans classified as TDRs with a total balance of $3,261,000 were more than 30 days past due. Of these loans, six loans with an outstanding balance of $810,000 had been placed on TDR status in the previous 12 months. The following table shows past-due TDRs by class and the associated specific reserves included in the allowance for loan losses as of December 31, 2013:

	Number of Loans			Balance				Specific Reserves
Commercial
Real estate	2			$	990,000			$	—
Construction	—			—				—
Other	2			355,000				—
Municipal	—			—				—
Residential
Term	10			1,688,000				37,000
Construction	—			—				—
Home equity line of credit	2			228,000				—
Consumer	—			—				—
	16			$	3,261,000			$	37,000

During the year ended December 31, 2014, six loans were placed on TDR status with a post-modification outstanding balance of $826,000. 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 during the year ended December 31, 2014, by class of loan and the associated specific reserve included in the allowance for loan losses as of December 31, 2014:

	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	2			$	302,000			$	300,000			$	—
Construction	—			—				—				—
Other	—			—				—				—
Municipal	—			—				—				—
Residential
Term	4			627,000				526,000				12,000
Construction	—			—				—				—
Home equity line of credit	—			—				—				—
Consumer	—			—				—				—
	6			$	929,000			$	826,000			$	12,000

During the year ended December 31, 2013, 10 loans were placed on TDR status with a post-modification balance of $3,604,000. These were considered to be 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 2013 by type of loan and the associated specific reserve included in the allowance for loan losses as of December 31, 2013:

	Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Specific Reserves
Commercial
Real estate	2			$	1,883,000			$	1,883,000			$	—
Construction	—			—				—				—
Other	2			491,000				491,000				—
Municipal	—			—				—				—
Residential
Term	5			1,032,000				1,029,000				31,000
Construction	—			—				—				—
Home equity line of credit	1			204,000				201,000				—
Consumer	—			—				—				—
	10			$	3,610,000			$	3,604,000			$	31,000

X

- Definition

Tabular disclosure of investment in impaired loans, along with income recognized and allowance for impaired loans.

+ References

No definition available.

+ Details

Name:	fnlc_ImpairedLoansInformationTableTextBlock
Namespace Prefix:	fnlc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for loans to directors, officers and employees which exceed specific reporting thresholds.

+ References

No definition available.

+ Details

Name:	fnlc_LoansToDirectorsOfficersAndEmployeesWhichExceed60000TableTextBlock
Namespace Prefix:	fnlc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ References

No definition available.

+ Details

Name:	fnlc_ScheduleOfCompositionOfLoanPortfolioTableTextBlock
Namespace Prefix:	fnlc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

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

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_LoansAndLeasesReceivableDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5111-111524



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 7A

-URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953401-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5111-111524

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953682-111524



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953676-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration