In 2023, Tony C. McKim earned $395.00K in total compensation at First Bancorp, including $300.00K salary, $50.00K bonus and $25.00K in stock. Most recently acquired 8,868 shares in Jan 2024. Currently holds stock worth $3.44M. Led First Bancorp as CEO for 8 years.
Compensation History
Annual executive compensation data for Tony C. McKim, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$395.00K
Salary
$300.00K
Bonus
$50.00K
Other
$20.00K
Salary
$300.00KBoard Justification
The compensation philosophy aims to align CEO compensation with company performance, peer benchmarking, and retention strategies to ensure long-term success.
Bonus
$50.00KBoard Justification
The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2023.
Other Compensation
$20.00KBoard Justification
Other compensation includes retirement contributions and health benefits paid in 2023.
Restricted Stock
Board Justification
The vested stock consists of RSUs that were granted in previous years and vested in 2023.
Performance Metrics
Performance metrics include financial targets such as earnings per share growth and operational efficiency.
Tony C. McKim
Ex-CEO of First Bancorp
Education
University of Maine in Orono
Field of Expertise
Finance & Banking - Banking
Sector of Economy
Financial Services
Born
January 1, 1965 - 60 years ago
CEO of First Bancorp for
8 years 3 months (Jan 2015 - Apr 2023)
Previous Experience
Joined the Company as Executive Vice President, Chief Operating Officer in 2005; previously President and CEO of FNB Bankshares.
Holdings
Track Tony C. McKim's stock holdings and portfolio value over time.
Total Stock Sold
$202.96K
$202.96K
7,216 FNLC shares
What if they kept their stock?
If Tony C. McKim didn't sell their stock, today they would have:
Extra FNLC7,216 shares worth $198.22K.
This is -2.34% and $4.74K less than what they got when they sold the stock.
Insider Trading
Tony C. McKim's recent stock transactions, purchases, and sales filed with the SEC.
18,732 shares
FNLC
Jan 30, 2025
Received
8,868 shares
FNLC
Jan 30, 2024
Received
6,861 shares
FNLC
Jan 26, 2023
Received
5,597 shares
FNLC
Jan 27, 2022
Received
8,573 shares
FNLC
Jan 28, 2021
Received
1,500 shares
FNLC
Jul 30, 2020
Received
$39.18K
FNLC at $19.59/share
May 20, 2020
Purchase
5,544 shares
FNLC
Jan 29, 2020
Received
$204.04K
FNLC at $28.28/share
Nov 15, 2019
Sale
5,025 shares
FNLC
Feb 1, 2019
Received
Rivals
Compare Tony C. McKim with competitor CEOs and industry peers.