Bar Harbor Bankshares 8-K, filed Oct 22, 2026

Bar Harbor Bankshares (BHB)

8-K 2026-10-22 For: 2026-10-22

Added on October 22, 2026

About this 8-K

Bar Harbor Bankshares filed this 8-K on October 22, 2026.

Bar Harbor Bankshares reported third-quarter GAAP net income of $16.1 million, or $0.96 per diluted share, and core earnings of $17.5 million, or $1.04 per diluted share. Its board declared a $0.34 quarterly dividend, payable December 18, 2026. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

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Maine	001-13349	01-0393663
(State or Other Jurisdiction of Incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

PO Box 400		04609-0400
82 Main Street		(Zip Code)
Bar Harbor, Maine
(Address of Principal Executive Offices)


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $2.00 per share	BHB	NYSE American


Exhibit No.		Description

99.1		Press Release dated October 22, 2026
104		Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document


	Bar Harbor Bankshares

October 22, 2026	By:	/s/ Curtis C. Simard
		Curtis C. Simard
		President and CEO


TABLE
INDEX	CONSOLIDATED FINANCIAL SCHEDULES (UNAUDITED)


A	Selected Financial Highlights
B	Balance Sheets
C	Loan and Deposit Analysis
D	Statements of Income
E	Statements of Income (Five Quarter Trend)
F	Average Yields and Costs
G	Average Balances
H	Asset Quality Analysis
I-J	Reconciliation of Non-GAAP Financial Measures (Five Quarter Trend) and Supplementary Data


		At or for the Quarters Ended
		Sep 30,				Jun 30,			Mar 31,			Dec 31,			Sept 30,
		2026				2026			2026			2025			2025
PER SHARE DATA
Net earnings, diluted		$	0.96		$	0.91		$	0.81		$	0.70		$	0.54
Core earnings, diluted ⁽¹⁾			1.04			0.92			0.88			0.93			0.95
Total book value			31.95			32.80			32.13			31.88			31.22
Tangible book value ⁽¹⁾			22.61			23.43			22.71			22.41			21.70
Market price at period end			38.69			37.76			32.45			31.05			30.46
Dividends			0.34			0.34			0.32			0.32			0.32

PERFORMANCE RATIOS ⁽²⁾
Return on assets			1.35	%		1.31	%		1.18	%		1.00	%		0.78	%
Core return on assets ⁽¹⁾			1.47			1.33			1.28			1.32			1.35
Pre-tax, pre-provision return on assets⁽¹⁾			1.69			1.76			1.52			1.29			1.30
Core pre-tax, pre-provision return on assets⁽¹⁾			1.85			1.79			1.65			1.71			1.71
Return on equity			11.69			11.16			10.13			8.76			6.99
Core return on equity ⁽¹⁾			12.70			11.30			11.03			11.55			12.16
Return on tangible equity⁽¹⁾			16.84			16.11			14.77			12.94			10.07
Core return on tangible equity ⁽¹⁾			18.27			16.31			16.03			16.91			17.23
Net interest margin, fully taxable equivalent ^{(1) (3)}			3.77			3.61			3.54			3.62			3.56
Efficiency ratio ⁽¹⁾			55.26			55.76			56.92			57.24			56.70

FINANCIAL DATA (In millions)
Total assets		$	4,704		$	4,743		$	4,676		$	4,684		$	4,717
Total earning assets ⁽⁴⁾			4,324			4,343			4,297			4,297			4,336
Total available-for-sale debt securities			581			602			598			597			598
Total loans			3,614			3,614			3,585			3,606			3,584
Allowance for credit losses			32			32			34			34			34
Total goodwill and intangible assets			156			157			158			158			159
Total deposits			3,938			3,854			3,868			3,821			3,948
Total shareholders' equity			536			550			538			533			521
Net income			16			15			14			12			9
Core earnings⁽¹⁾			17			15			15			16			15

ASSET QUALITY AND CONDITION RATIOS
Net charge-offs (recoveries)⁽⁵⁾/average loans			0.03	%		0.37	%		—	%		0.03	%		0.04	%
Allowance for credit losses on loans/total loans			0.88			0.89			0.96			0.94			0.95
Loans/deposits			92			94			93			94			91
Shareholders' equity to total assets			11.39			11.59			11.50			11.37			11.04
Tangible shareholders' equity to tangible assets			8.34			8.56			8.42			8.27			7.94


															Annualized
															Growth %
		Sep 30,		Jun 30,			Mar 31,		Dec 31,			Sept 30,			Quarter		Year
(in thousands)		2026		2026			2026		2025			2025			to Date		to Date
Commercial real estate		$	2,010,609	$	1,988,695		$	1,968,403	$	1,998,603		$	1,942,659		4		1	%
Commercial and industrial			411,766		433,371			417,657		393,851			405,759		(20)		6
Total commercial loans			2,422,375		2,422,066			2,386,060		2,392,454			2,348,418		—		2

Residential real estate			973,648		983,274			993,636		1,001,769			1,025,266		(4)		(4)
Consumer			135,243		132,570			127,681		128,029			126,345		8		8
Tax exempt and other			82,366		76,270			77,871		83,607			83,687		32		(2)
Total loans		$	3,613,632	$	3,614,180		$	3,585,248	$	3,605,859		$	3,583,716		—	%	—	%


		Three Months Ended						Nine Months Ended
		September 30,						September 30,
(in thousands, except per share data)		2026			2025			2026			2025
Interest and dividend income
Loans		$	51,111		$	48,426		$	148,920		$	132,956
Securities and other			6,527			6,355			19,050			17,112
Federal Home Loan Bank stock			193			217			531			566
Interest-earning deposits with other banks			561			924			1,047			1,514
Total interest and dividend income			58,392			55,922			169,548			152,148
Interest expense
Deposits			15,103			16,419			44,630			47,442
Borrowings			2,578			2,544			9,416			8,845
Total interest expense			17,681			18,963			54,046			56,287
Net interest income			40,711			36,959			115,502			95,861
Provision for credit losses on available-for-sale debt securities			—			—			—			636
Provision (benefit) for credit losses on loans			(167)			3,749			1,388			4,220
Net interest income after provision for credit losses			40,878			33,210			114,114			91,005
Non-interest income
Trust and investment management fee income			4,186			3,903			12,878			12,082
Customer service fees			4,566			4,311			13,383			11,425
(Loss) gain on available-for-sale debt securities, net			69			41			(964)			(4,901)
Mortgage banking income			766			423			2,189			1,484
Bank-owned life insurance income			693			665			4,097			1,881
Customer derivative income			484			962			889			1,278
Other income			83			262			521			882
Total non-interest income			10,847			10,567			32,993			24,131
Non-interest expense
Salaries and employee benefits			16,393			15,939			48,999			43,946
Occupancy and equipment			4,198			3,879			12,526			10,750
Depreciation			1,194			1,078			3,416			3,150
Loss (gain) on premises and equipment, net			47			(206)			181			(113)
Outside services			762			514			1,754			1,453
Professional services			503			296			1,240			1,402
Communication			207			246			666			606
Marketing			705			655			1,880			1,855
Amortization of intangible assets			582			466			1,746			932
FDIC assessment			528			462			1,642			1,382
Acquisition, conversion and other expenses			610			4,978			2,029			6,422
Provision for unfunded commitments			180			145			(696)			71
Other expenses			5,458			4,287			14,993			12,072
Total non-interest expense			31,367			32,739			90,376			83,928
Income before income taxes			20,358			11,038			56,731			31,208
Income tax expense			4,269			2,183			11,884			6,050
Net income		$	16,089		$	8,855		$	44,847		$	25,158
Earnings per share:
Basic		$	0.96		$	0.55		$	2.68		$	1.61
Diluted			0.96			0.54			2.67			1.60
Weighted average shares outstanding:
Basic			16,765			16,231			16,748			15,622
Diluted			16,828			16,284			16,814			15,685


		Quarters Ended
		Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sept 30,
		2026		2026		2026		2025		2025
Earning assets
Interest-earning deposits with other banks		3.82	%	3.92	%	3.90	%	4.53	%	4.49	%
Available-for-sale debt securities		4.10		4.06		4.05		4.03		4.14
Federal Home Loan Bank stock		7.96		6.33		5.68		10.72		7.71
Loans:
Commercial real estate		5.82		5.72		5.68		5.74		5.88
Commercial and industrial		6.11		6.17		6.13		6.34		6.45
Residential real estate		4.81		4.62		4.64		4.75		4.42
Consumer		7.28		7.05		6.90		7.27		7.23
Total loans		5.64		5.52		5.50		5.59		5.60
Total earning assets		5.39	%	5.29	%	5.27	%	5.36	%	5.36	%

Funding liabilities
Deposits:
Interest-bearing demand		1.36	%	1.32	%	1.30	%	1.39	%	1.42	%
Savings		0.52		0.50		0.56		0.54		0.64
Money market		2.37		2.33		2.28		2.43		2.59
Time		3.27		3.32		3.41		3.53		3.64
Total interest-bearing deposits		1.87		1.88		1.91		2.01		2.12
Borrowings		4.98		5.05		5.62		5.43		4.04
Total interest-bearing liabilities		2.05	%	2.13	%	2.19	%	2.20	%	2.27	%

Net interest spread		3.34		3.16		3.08		3.16		3.09
Net interest margin, fully taxable equivalent⁽¹⁾		3.77		3.61		3.54		3.62		3.56


		Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sept 30,
(in thousands)		2026			2026			2026			2025			2025
Assets
Cash and due from banks		$	37,039		$	46,270		$	35,595		$	44,947		$	42,743
Interest-earning deposits with other banks			37,778			58,118			46,620			35,890			93,971
Total cash and cash equivalents			74,817			104,388			82,215			80,837			136,714

Available-for-sale debt securities			581,297			601,772			597,977			597,424			597,810

Federal Home Loan Bank stock			7,968			13,423			9,567			11,308			8,560

Loans held for sale			10,740			10,203			11,534			5,283			5,545

Total loans			3,613,632			3,614,180			3,585,248			3,605,859			3,583,716
Less: Allowance for credit losses on loans			(31,761)			(32,231)			(34,315)			(34,052)			(33,940)
Net loans			3,581,871			3,581,949			3,550,933			3,571,807			3,549,776

Premises and equipment, net			61,407			61,170			58,914			58,188			58,828
Other real estate owned			7,146			8,170			—			—			—
Goodwill			141,819			141,819			141,819			141,819			141,819
Other intangible assets			14,659			15,242			15,824			16,407			16,989
Cash surrender value of bank-owned life insurance			89,420			88,728			89,817			96,250			95,554
Deferred tax asset, net			36,892			28,859			30,298			29,926			31,721
Other assets			95,828			86,779			87,330			74,642			73,936
Total assets		$	4,703,864		$	4,742,502		$	4,676,228		$	4,683,891		$	4,717,252

Liabilities and shareholders' equity
Non-interest bearing demand		$	702,668		$	678,081		$	651,282		$	670,786		$	692,780
Interest-bearing demand			1,248,282			1,141,043			1,152,888			1,137,730			1,137,362
Savings			642,937			635,316			649,302			635,329			647,428
Money market			489,193			481,815			493,432			464,843			488,633
Time			854,869			917,694			920,811			912,594			981,993
Total deposits			3,937,949			3,853,949			3,867,715			3,821,282			3,948,196

Senior borrowings			123,798			227,541			162,297			216,818			139,956
Subordinated borrowings			33,620			53,620			53,420			52,825			52,229
Total borrowings			157,418			281,161			215,717			269,643			192,185

Other liabilities			72,888			57,840			54,859			60,425			55,916


															Annualized
															Growth %
		Sep 30,		Jun 30,			Mar 31,		Dec 31,			Sept 30,			Quarter		Year
(in thousands)		2026		2026			2026		2025			2025			to Date		to Date
Non-interest bearing demand		$	702,668	$	678,081		$	651,282	$	670,786		$	692,780		15	%	6	%
Interest-bearing demand			1,248,282		1,141,043			1,152,888		1,137,730			1,137,362		38		13
Savings			642,937		635,316			649,302		635,329			647,428		5		2
Money market			489,193		481,815			493,432		464,843			488,633		6		7
Total non-maturity deposits			3,083,080		2,936,255			2,946,904		2,908,688			2,966,203		20		8
Time			854,869		917,694			920,811		912,594			981,993		(27)		(8)
Total deposits		$	3,937,949	$	3,853,949		$	3,867,715	$	3,821,282		$	3,948,196		9	%	4	%


	Quarters Ended
	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sept 30,
(in thousands)	2026		2026		2026		2025		2025
Assets
Interest-earning deposits with other banks⁽¹⁾	$	58,265	$	25,896	$	24,230	$	56,502	$	81,709
Available-for-sale debt securities ⁽²⁾		654,636		647,755		643,647		644,929		631,572
Federal Home Loan Bank stock		9,619		11,592		11,062		8,696		11,168
Loans:
Commercial real estate		1,990,307		1,975,080		2,001,851		1,954,841		1,887,267
Commercial and industrial		504,422		492,195		486,295		480,529		483,380
Residential real estate		991,993		993,933		998,862		1,021,309		963,311
Consumer		133,538		130,890		127,693		126,953		120,941
Total loans ⁽³⁾		3,620,260		3,592,098		3,614,701		3,583,632		3,454,899
Total earning assets		4,342,780		4,277,341		4,293,640		4,293,759		4,179,348
Cash and due from banks		39,817		37,089		36,278		40,291		38,709
Allowance for credit losses		(32,194)		(33,242)		(34,195)		(33,905)		(31,246)
Goodwill and other intangible assets		156,762		157,345		157,921		158,507		139,822
Other assets		223,750		215,460		215,852		211,317		191,446
Total assets	$	4,730,915	$	4,653,993	$	4,669,496	$	4,669,969	$	4,518,079

Liabilities and shareholders' equity
Deposits:
Interest-bearing demand	$	1,215,024	$	1,119,195	$	1,121,021	$	1,127,456	$	1,059,214
Savings		640,517		640,852		642,717		640,577		617,314
Money market		473,298		463,296		469,496		473,574		432,952
Time		883,465		902,363		922,180		939,353		961,054
Total interest-bearing deposits		3,212,304		3,125,706		3,155,414		3,180,960		3,070,534
Borrowings		205,558		265,929		251,985		195,139		250,110
Total interest-bearing liabilities		3,417,862		3,391,635		3,407,399		3,376,099		3,320,644
Non-interest bearing demand deposits		696,843		657,470		659,506		705,245		647,981
Other liabilities		70,114		57,702		60,814		56,025		46,962
Total liabilities		4,184,819		4,106,807		4,127,719		4,137,369		4,015,587
Total shareholders' equity		546,096		547,186		541,777		532,600		502,492
Total liabilities and shareholders' equity	$	4,730,915	$	4,653,993	$	4,669,496	$	4,669,969	$	4,518,079


			At or for the Quarters Ended
			Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sept 30,
(in thousands)			2026			2026			2026			2025			2025
Net income	(R)		$	16,089		$	15,221		$	13,537		$	11,761		$	8,855
Non-core items:
Loss (gain) on available-for-sale debt securities, net				(69)			25			—			428			(41)
Loss (gain) on premises and equipment, net				47			—			134			370			(206)
(Gain) loss and other expenses on other real estate owned				1,267			273			—			—			—
Provision on non-PCD acquired loans				—			—			—			—			3,954
Acquisition, conversion and other expenses				610			(36)			1,455			4,170			4,978
Income tax expense ⁽¹⁾				(457)			(65)			(392)			(1,225)			(2,141)
Total non-core items⁽²⁾				1,398			197			1,197			3,743			6,544
Core earnings ⁽²⁾	(A)		$	17,487		$	15,418		$	14,734		$	15,504		$	15,399

Net interest income	(B)		$	40,711		$	37,919		$	36,872		$	38,617		$	36,959
Non-interest income				10,847			11,732			10,414			10,325			10,567
Total revenue				51,558			49,651			47,286			48,942			47,526
Loss (gain) on available-for-sale debt securities, net				(69)			25			—			428			(41)
Total core revenue ⁽²⁾	(C)		$	51,489		$	49,676		$	47,286		$	49,370		$	47,485

Total non-interest expense				31,367			29,182			29,827			33,799			32,739
Non-core expenses:
(Loss) gain on premises and equipment, net				(47)			—			(134)			(370)			206
Gain (loss) and other expenses on other real estate owned				(1,267)			(273)			—			—			—
Acquisition, conversion and other expenses				(610)			36			(1,455)			(4,170)			(4,978)
Total non-core expenses ⁽²⁾				(1,924)			(237)			(1,589)			(4,540)			(4,772)
Core non-interest expense ⁽²⁾	(D)		$	29,443		$	28,945		$	28,238		$	29,259		$	27,967

Total revenue				51,558			49,651			47,286			48,942			47,526
Total non-interest expense				31,367			29,182			29,827			33,799			32,739
Pre-tax, pre-provision net revenue⁽²⁾	(S)		$	20,191		$	20,469		$	17,459		$	15,143		$	14,787

Core revenue⁽²⁾				51,489			49,676			47,286			49,370			47,485
Core non-interest expense⁽²⁾				29,443			28,945			28,238			29,259			27,967
Core pre-tax, pre-provision net revenue⁽²⁾	(U)		$	22,046		$	20,731		$	19,048		$	20,111		$	19,518

(in millions)
Average earning assets	(E)		$	4,343		$	4,277		$	4,294		$	4,294		$	4,179
Average assets	(F)			4,731			4,654			4,669			4,670			4,518