Bar Harbor Bank posts record earnings in 2000

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BAR HARBOR – The board of directors of FNB Bankshares, parent company to the First National Bank of Bar Harbor has announced record earnings for the year 2000. The net income of $1,345,000 is up 162 percent over 1999. At the end of 2000, assets…
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BAR HARBOR – The board of directors of FNB Bankshares, parent company to the First National Bank of Bar Harbor has announced record earnings for the year 2000. The net income of $1,345,000 is up 162 percent over 1999.

At the end of 2000, assets were $175,500,000, an increase of 16.5 percent from 1999. In addition, loans grew by 13 percent while deposits grew by 8 percent.


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