Revenue: As of FY2026 Q1, the actual value is USD 65.66 M.

EPS: As of FY2026 Q1, the actual value is USD 0.81, missing the estimate of USD 0.86.

EBIT: As of FY2026 Q1, the actual value is USD -19.72 M.

Overall Financial Performance

• Net Income: Bar Harbor 银行 (Bar Harbor Bankshares) reported a net income of $13.5 million for the three months ended March 31, 2026, an increase from $10.2 million for the same period in 2025.
• Diluted Earnings Per Share: Diluted earnings per share rose to $0.81 in Q1 2026 from $0.66 in Q1 2025.
• Net Interest Margin: The net interest margin improved to 3.54% in Q1 2026, compared to 3.17% in Q1 2025.
• Efficiency Ratio: The efficiency ratio decreased to 56.92% from 62.00% over the same periods.
• Total Assets: Total assets were approximately $4.7 billion at March 31, 2026.

Cash and Cash Equivalents

• Total Cash and Cash Equivalents: Increased to $82.2 million at March 31, 2026, from $80.8 million at December 31, 2025, primarily due to loan payoffs.
• Interest-Earning Deposits with Other Banks: Increased to $46.6 million from $35.9 million, with a quarter-end yield of 3.90% compared to 4.53% at December 31, 2025.

Securities

• Available-for-Sale Debt Securities: Stood at $598.0 million at March 31, 2026, a slight increase from $597.4 million at December 31, 2025.
• Net Unrealized Losses: Increased to $52.4 million from $47.5 million, with $6.7 million attributed to fair value hedged municipal securities.
• Security Purchases: The company purchased $25.2 million in securities during the quarter.
• Paydowns and Calls: Experienced $19.3 million in paydowns and calls.
• Net Accretion: Recorded $411 thousand in net accretion.
• Weighted Average Yield (Securities Portfolio): Was 4.05% for the quarter-to-date, up from 4.03% at the end of Q4 2025.
• Average Life of Securities Portfolio: 7.6 years.
• Effective Duration of Securities Portfolio: 5.4 years.

Loans

• Total Loans: Decreased by $20.6 million to $3.6 billion in Q1 2026 compared to Q4 2025, mainly due to commercial real estate payoffs.
• Commercial Real Estate Loans: Decreased by $30.2 million, including one early payoff of $14.4 million and $24.4 million in matured loans.
• Loans Held for Sale: Increased to $11.5 million from $5.3 million, with $23.6 million originated and $16.2 million sold during the quarter.
• Allowance for Credit Losses on Loans: Increased to $34.3 million at March 31, 2026, from $34.1 million at December 31, 2025.
• Provision for Credit Losses on Loans: Was $305 thousand in Q1 2026, compared to - $57 thousand in Q1 2025.
• Non-Accrual Loans: Increased to $23.1 million at March 31, 2026, from $11.6 million at December 31, 2025.
• Collateral-Dependent Loans: Increased significantly to $16.0 million at March 31, 2026, from $5.2 million at December 31, 2025, primarily driven by commercial real estate non-owner occupied loans.

Deposits

• Total Deposits: Increased by $46.4 million to $3.87 billion at March 31, 2026, from $3.82 billion at December 31, 2025.
• Non-Interest Bearing Demand Deposits: Decreased to $651.3 million from $670.8 million.
• Interest-Bearing Demand Deposits: Increased to $1.15 billion from $1.14 billion.
• Savings Deposits: Grew to $649.3 million from $635.3 million.
• Money Market Deposits: Increased to $493.4 million from $464.8 million.
• Time Deposits: Increased to $920.8 million from $912.6 million, including brokered deposits of $169.6 million and reciprocal deposits of $80.6 million.

Borrowings

• Total Borrowings: Decreased to $215.7 million at March 31, 2026, from $269.6 million at December 31, 2025.
• Short-Term Borrowings: Decreased to $80.3 million from $134.8 million.
• Long-Term Borrowings: Slightly increased to $135.4 million from $134.8 million.
• Weighted Average Rate on Total Borrowings: Was 5.20% at March 31, 2026, up from 4.93% at December 31, 2025.
• Federal Home Loan Bank (FHLB) Advances: Decreased by $54.5 million during the quarter.
• Available Credit Lines: The company has access to $94.5 million in secured lines of credit at the Federal Reserve Bank and an unused unsecured federal funds line of credit of $40.0 million.

Capital Ratios

• Regulatory Capital Status: Bar Harbor 银行 (Bar Harbor Bankshares) and its subsidiary, Bar Harbor Bank & Trust, exceeded all regulatory capital requirements and were considered well capitalized as of March 31, 2026.
• Total Capital to Risk-Weighted Assets: 13.43%.
• Common Equity Tier 1 Capital to Risk-Weighted Assets: 11.22%.
• Tier 1 Capital to Risk-Weighted Assets: 11.77%.
• Tier 1 Capital to Average Assets (Leverage Ratio): 9.66%.

Other Intangible Assets and Goodwill

• Goodwill: Remained stable at $141.8 million at March 31, 2026.
• Other Intangible Assets: Totaled $15.8 million, down from $16.4 million at December 31, 2025.
• Amortization Expense for Intangibles: Was $582 thousand in Q1 2026, compared to $233 thousand in Q1 2025.

Future Outlook and Strategy

Bar Harbor 银行 (Bar Harbor Bankshares) expects to recover the amortized cost basis on all securities in its available-for-sale portfolio and does not intend or anticipate being required to sell any securities in an unrealized loss position prior to their recovery. No measurement-period adjustments related to the Guaranty Bancorp, Inc. acquisition were recognized during the three months ended March 31, 2026, as the acquisition accounting remains provisional.