DAMARISCOTTA, Maine (AP) _ The First Bancorp Inc. (FNLC) on Wednesday reported first-quarter profit of $6.5 million.

The bank, based in Damariscotta, Maine, said it had earnings of 60 cents per share.

The bank posted revenue of $24.9 million in the period. Its revenue net of interest expense was $19.1 million, which beat Street forecasts.

The First Bancorp Inc. shares have declined 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.79, a fall of 22% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNLC at https://www.zacks.com/ap/FNLC

Automated Insights, source Associated Press News