Richard Elder compensation by year
First Bancorp Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $310,000 | $325,000 | $350,000 |
| Bonus | $50,237 | $60,536 | $126,344 |
| Stock awards | $62,000 | $65,000 | $87,500 |
| Option awards | — | $0 | $0 |
| Non-equity incentive | — | $0 | $0 |
| Pension and deferred compensation | — | $0 | $0 |
| All other | $19,289 | $19,793 | $21,255 |
| Total | $441,526 | $470,329 | $585,099 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Bancorp, Inc DEF 14A filed March 6, 2026, accession 0001104659-26-024669, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 6,743 | $178,284 | — |
| RSU | 2,500 | $66,100 | — |
| RSU | 2,365 | $62,530 | — |
| RSU | 1,878 | $49,654 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in First Bancorp, Inc's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
First Bancorp’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Tony McKim | President and Chief Executive Officer | $1,589,276 |
| Richard Elder · this page | Executive Vice President and Chief Financial Officer | $585,099 |
| Jonathan Nicholson | Executive Vice President and Chief Lending Officer | $552,624 |
| Sarah Tolman | Executive Vice President and Chief Banking Officer | $520,493 |
| Tammy Plummer | Executive Vice President and Chief Information Officer | $454,541 |
The full First Bancorp compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are First Bancorp's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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