BAR HARBOR BANKSHARES
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
BHB$41.33-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
- All Financial Statements
The consolidated financial statements of the Company and report of the Company’s independent registered public accounting firm incorporated herein are included in Item 8 of this Annual Report as follows:
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| Item | | Page |
| Report of Independent Registered Public Accounting Firms (PCAOB ID: 173 and 49) | | 57 |
| Consolidated Balance Sheets | | 58 |
| Consolidated Statements of Income | | 59 |
| Consolidated Statements of Comprehensive Income | | 60 |
| Consolidated Statements of Changes in Shareholders’ Equity | | 61 |
| Consolidated Statements of Cash Flows | | 62 |
| Notes to Consolidated Financial Statements | | 64 |
- Financial Statement Schedules. Schedules have been omitted because they are not applicable or are not required under the instructions contained in Regulation S-X or because the information required to be set forth therein is included in the consolidated financial statements or notes thereto.
EXHIBIT INDEX
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| Exhibit No. | | Description |
| 2.1 | | Agreement and Plan of Merger, dated as of March 11, 2025, between Bar Harbor Bankshares and Guaranty Bancorp, Inc. (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed on March 11, 2025) |
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| 3.1 | | Articles of Incorporation, as amended to date (incorporated herein by reference to Exhibit 3.1 to the Quarterly Report to Form 10-Q filed on November 5, 2015) |
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| 3.2 | | Amended and Restated Bylaws of Bar Harbor Bankshares (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed on May 18, 2020) |
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| 4.1 | | Certificate of Designations, Fixed Rate Cumulative Perpetual Preferred Stock, Series A (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed on January 21, 2009) |
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| 4.2 | | Form of Specimen Stock Certificate for Series A Preferred Stock (incorporated herein by reference to Exhibit 4.1 to the Current Report on Form 8-K filed on January 21, 2009) |
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| 4.3 | | Debt Securities Purchase Agreement (incorporated herein by reference to Exhibit 4.5 to the Annual Report on Form 10-K filed on March 16, 2009) |
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| 4.4 | | Form of Subordinated Debt Security of Bar Harbor Bank & Trust (incorporated herein by reference to Exhibit 4.6 to the Annual Report on Form 10-K filed on March 16, 2009) |
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| 4.5 | | Description of Company Common Stock (incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 8-K filed on August 7, 2015) |
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| 4.6* | | Indenture, dated as of November 26, 2019, by and between Bar Harbor Bankshares and U.S. Bank, National Association. (incorporated herein by reference to Exhibit 4.1 to the Current Report on Form 8-K filed on November 26, 2019) |
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| Exhibit No. | | Description |
| 4.7 | | Form of 4.625% Fixed-to-floating Subordinated Note due 2029 of Bar Harbor Bankshares (incorporated herein by reference to Exhibit 4.2 to the Current Report on Form 8-K filed on November 26, 2019) |
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| 10.1† | | Bar Harbor Bankshares Executive Change in Control Severance Plan (incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on November 21, 2018) |
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| 10.2† | | Bar Harbor Bankshares Executive Change in Control Severance Plan Participation Agreement (incorporated herein by reference to Exhibit 10.2 to the Current Report on Form 8-K filed on November 21, 2018) |
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| 10.3† | | Employment Agreement, dated as of February 22, 2018, between Bar Harbor Bankshares, Bar Harbor Bank & Trust and Curtis C. Simard (incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on February 22, 2018) |
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| 10.4† | | Employment Agreement, dated as of March 8, 2024, between Bar Harbor Bankshares, Bar Harbor Bank & Trust and Josephine Iannelli (incorporated herein by reference to Exhibit 10.4 to the Annual Report on Form 10-K filed on March 11, 2024) |
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| 10.5† | | 2022 through 2024 Long Term Executive Incentive Program Guidelines (incorporated herein by reference to Exhibit 10.8 to the Annual Report on Form 10-K filed on March 14, 2023) |
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| 10.6† | | 2023 through 2025 Long Term Executive Incentive Program Guidelines (incorporated herein by reference to Exhibit 10.9 to the Annual Report on Form 10-K filed on March 14, 2023) |
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| 10.7† | | 2024 through 2026 Long Term Executive Incentive Program Guidelines (incorporated herein by reference to Exhibit 10.8 to the Annual Report on Form 10-K filed on March 11, 2025) |
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| 10.8† | | 2025 through 2027 Long Term Executive Incentive Program Guidelines (incorporated herein by reference to Exhibit 10.9 to the Annual Report on Form 10-K filed on March 11, 2025) |
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| 10.9†** | | 2026 through 2028 Long Term Executive Incentive Program Guidelines |
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| 10.10† | | 2024 Executive Annual Incentive Program (incorporated herein by reference to Exhibit 10.10 to the Annual Report on Form 10-K filed on March 11, 2025) |
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| 10.11†** | | 2025 Executive Annual Incentive Program |
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| 10.12†** | | 2026 Executive Annual Incentive Program |
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| 10.13† | | Bar Harbor Bankshares and Subsidiaries Equity Incentive Plan of 2015 (incorporated herein by reference to Exhibit 10 to the Current Report on Form 8-K filed on May 22, 2015) |
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| 10.14† | | Form of Incentive Stock Option Agreement under Equity Incentive Plan of 2015.Form of Restricted Stock Agreement (Directors) under Equity Incentive Plan of 2015 (incorporated herein by reference to Exhibit 10.2 to the Registration Statement on Form S-8 filed on August 18, 2015) |
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| 10.15† | | Form of Restricted Stock Agreement (Directors) under Equity Incentive Plan of 2015 (incorporated herein by reference to Exhibit 10.3 to the Registration Statement on Form S-8 filed on August 18, 2015) |
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| 10.16† | | Form of Restricted Stock and Performance-Based Restricted Stock Unit Agreement under Equity Incentive Plan of 2015 (incorporated herein by reference to Exhibit 10.4 to the Registration Statement on Form S-8 filed on August 18, 2015) |
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| 10.17† | | Bar Harbor Bankshares 2019 Equity Plan (incorporated herein by reference to Appendix B to the Company’s Definitive Proxy Statement on Form DEF 14A dated April 15, 2019) |
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| Exhibit No. | | Description |
| 10.18 | | Bar Harbor Bankshares 2018 Employee Stock Purchase Plan (Appendix B to the Company’s Definitive Proxy Statement on Form DEF 14A dated April 3, 2018) |
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| 10.19† | | Form of Restricted Stock and Performance-Based Restricted Stock Unit Agreement under Bar Harbor Bankshares 2019 Equity Plan (incorporated herein by reference to Exhibit 10.14 to the Annual Report on Form 10-K filed on March 14, 2023) |
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| 10.20† | | Form of Subordinated Note Purchase Agreement, dated as of November 26, 2019, by and among Bar Harbor Bankshares and the several purchasers of 4.625% Fixed-to-Floating Subordinated Notes due 2029 (incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on November 26, 2019) |
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| 10.20 | | Somesville Bank Branch Lease dated October 27, 2005 (incorporated herein by reference to Exhibit 10 to the Annual Report on Form 10-K filed on March 16, 2006) |
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| 19.1 | | Bar Harbor Bankshares and Subsidiaries Insider Trading and Securities Policy (incorporated herein by reference to Exhibit 19.1 to the Annual Report on Form 10-K filed on March 11, 2025) |
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| 21.1 | | Subsidiaries of the Registrant (incorporated herein by reference to Exhibit 21.1 to the Annual Report on Form 10-K filed on March 14, 2023) |
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| 23.1** | | Consent of Independent Registered Public Accounting Firm, Crowe LLP |
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| 23.2** | | Consent of Independent Registered Public Accounting Firm, RSM US LLP |
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| 31.1** | | Certification of Chief Financial Officer under Rule 13a-14(a)/15d-14(a) |
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| 31.2** | | Certification of Chief Financial Officer under Rule 13a-14(a)/15d-14(a) |
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| 32.1*** | | Certification of Chief Executive Officer under 18 U.S.C. Sec. 1350. |
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| 32.2*** | | Certification of Chief Financial Officer under 18 U.S.C. Sec. 1350. |
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| 97 | | Bar Harbor Bankshares Incentive-Based Compensation Recovery Policy (incorporated herein by reference to Exhibit 97 to the Annual Report on Form 10-K filed on March 11, 2024) |
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| 101** | | The following financial information from the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 is formatted in inline XBRL: (i) Consolidated Condensed Statements of Income, (ii) the Condensed Consolidated Balance Sheets, (iii) the Condensed Consolidated Statements of Changes in Shareholders’ Equity, (iv) Consolidated Statements of Cash Flows and (v) Notes to the Consolidated Condensed Financial Statements |
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| 104 | | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document (included in Exhibit 101) |
| * | Certain schedules and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant will furnish a copy of any omitted schedule to the Securities and Exchange Commission upon request. |
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| † | Indicates management contract or compensatory plan. |
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| ** | Filed herewith. |
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| *** | Furnished herewith. |
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