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The company will hold a special meeting of shareholders on December 29 to amend its articles of incorporation to authorize the issuance of preferred stock in order to participate in the U.S. Treasury program.
Damariscotta, Maine-based The First Bancorp is the holding company for The First, N.A., a community bank serving Mid-Coast and Down East Maine with fourteen offices. First Advisors, a division of The First, provides investment advisory, private banking and trust services from two offices in Lincoln and Hancock Counties.
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