Richard M. Elder
Net Worth
Last updated:
What is Richard M. Elder net worth?
The estimated net worth of Mr. Richard M. Elder is at least $6,542,665 as of 2 May 2012. He owns shares worth $138,992 as insider, has earned $76,873 from insider trading and has received compensation worth at least $6,326,800 in The First Bancorp, Inc..
What is the salary of Richard M. Elder?
Mr. Richard M. Elder salary is $316,340 per year as Executive Vice President, Chief Financial Officer & Treasurer in The First Bancorp, Inc..
How old is Richard M. Elder?
Mr. Richard M. Elder is 60 years old, born in 1965.
What stocks does Richard M. Elder currently own?
As insider, Mr. Richard M. Elder owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| The First Bancorp, Inc. (FNLC) | Executive Vice President, Chief Financial Officer & Treasurer | 5,303 | $26.21 | $138,992 |
What does The First Bancorp, Inc. do?
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as payment processing services. It operates through 18 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.
Richard M. Elder insider trading
The First Bancorp, Inc.
Mr. Richard M. Elder has made 3 insider trades between 2005-2012, according to the Form 4 filled with the SEC. Most recently he sold 1,500 units of FNLC stock worth $21,750 on 2 May 2012.
The largest trade he's ever made was exercising 4,500 units of FNLC stock on 26 Jan 2005. As of 2 May 2012 he still owns at least 5,303 units of FNLC stock.
The First Bancorp key executives
The First Bancorp, Inc. executives and other stock owners filed with the SEC:
- Mr. Richard M. Elder (60) Executive Vice President, Chief Financial Officer & Treasurer
- Mr. Tony C. McKim (58) Pres, Chief Executive Officer & Director
- Ms. Susan A. Norton (65) Clerk, CRA Officer & Compliance Officer