Bar Harbor Bankshares (BHB) SEC Filings & Earnings Calls

Unrealized losses on AFS securities increased to $72.9M from $45.0M due to higher rates, pressuring capital ratios.

“Portfolio unrealized losses were $72.9 million at quarter-end compared to $45.0 million at the end of the second quarter 2026, the increase was driven by the current interest rate environment.” · word for word

Tangible book value per share declined sequentially from $23.43 to $22.61 due to higher unrealized losses.

“Tangible book value per share (Non-GAAP) was $22.61 at the end of the third quarter 2026, compared to $23.43 at the end of the second quarter 2026.” · word for word

Credit loss from non-accrual loan

“The change in the allowance was primarily driven by a $3.3 million charge-off related to a previously disclosed non-accruing relationship that was transferred into other real estate owned in the second quarter 2026.”

Interest rate sensitivity on securities portfolio

“Net unrealized losses increased to $50.4 million at quarter-end compared to $47.5 million at the end of the fourth quarter 2025 due to the interest rate environment.” · word for word

No new risks identified; filing contains only boilerplate forward-looking statements.

“Standard cautionary language; no specific risk disclosure.”

Allowance for credit losses decreased by $2.1M due to a partial charge-off on a non-accruing relationship, indicating potential credit quality issues.

“Allowance for credit losses on loans was $32.2 million at end of Q2 2026, compared to $34.3 million at end of Q1 2026, driven by a $3.3 million partial charge-off related to a previously non-accruing relationship.”

Unrealized losses on AFS securities remain elevated at $45.0M, though slightly improved from $45.7M, reflecting interest rate sensitivity.

“Portfolio unrealized losses were $45.0 million at quarter-end compared to $45.7 million at the end of the first quarter 2026.” · word for word

CRE loan concentration and payoff risk

“Commercial real estate loans decreased $30.2 million primarily due to one early payoff of $14.4 million and $24.4 million in loans that matured and paid off during the quarter.” · word for word

Unrealized losses on securities portfolio

“Net unrealized losses increased to $52.4 million at quarter-end compared to $47.5 million at the end of the fourth quarter 2025 due to the interest rate environment.” · word for word

Credit quality deterioration

“Non-accruing loans/total loans increased to 0.32% from 0.22%”

Acquisition integration risk

“Acquisition, conversion and other expenses of $10.6 million”

Residential real estate loan decline due to prepayment activity.

“Residential real estate loans decreased $23.5 million during the quarter primarily driven by increased prepayment activity.” · word for word

Deposit decline driven by seasonality and brokered deposit maturities.

“Total deposits decreased driven primarily by seasonality, tax payment timing, and $86.0 million in brokered deposit maturities.”

Acquisition integration risk

“Non-interest expenses increased $8.0 million to $32.7 million in the third quarter 2025 compared to $24.8 million in the third quarter 2024 driven by $5.0 million in acquisition, conversion expenses.” · word for word

Credit risk from corporate bond exposure

“We have one nonaccrual corporate bond of $8.0 million that we have written-off $5.8 million as of September 30, 2025, of which $4.9 million is recognized in losses on available-for-sale debt securities.” · word for word

Interest rate risk from securities portfolio

“Fair value adjustments were $53.0 million at the end of the third quarter 2025 compared to $62.3 million at the end of the fourth quarter 2024.” · word for word

Goodwill impairment risk

“The Company recorded goodwill of $22.3 million and core deposit intangibles of $14.0 million in other intangibles related to the acquisition.” · word for word