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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 15, 2004
FIRST NATIONAL LINCOLN CORPORATION
(Exact name of Registrant as specified in charter)
MAINE
(State or other jurisdiction of incorporation)
0-26589 01-0404322
(Commission file number) (IRS employer identification no.)
Main Street, Damariscotta, Maine 04853
(Address of principal executive offices) (Zip Code)
(207) 563-3195
(Registrant's telephone number, including area code)
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Item 5. Other Events
The Company today issued the following press release:
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First National Lincoln Corporation Appoints New Director
DAMARISCOTTA, Maine -- (BUSINESS WIRE) -- March 15, 2004 -- DAMARISCOTTA, MAINE
-- Daniel R. Daigneault, President and Chief Executive Officer of First
National Lincoln Corporation (NASDAQ symbol: FNLC), is pleased to announce the
recent appointment of Randy A. Nelson to the Company's Board of Directors. He
has also been appointed to the Board of Directors of the Company's subsidiary,
The First National Bank of Damariscotta.
Mr. Nelson is a Professor of Economics and Finance at Colby College in
Waterville, Maine, where he has been a faculty member since 1987. Mr. Nelson
received his Masters Degree and Ph.D. in Economics from the University of
Illinois. Prior to moving to Maine, he spent eight years as a professor at the
University of Delaware. His areas of expertise include applied microeconomics,
industrial organization, corporate finance and aviation safety. Nelson is a
member of the American Economic Association, the American Finance Association
and the Financial Management Association.
"Randy Nelson is a welcome addition to our board of directors, " noted
President Daigneault. "His strong background in economics and finance
complements the depth in professional business and civic leadership found on
our Board."
Mr. Nelson has been very involved with Mid-Coast community service
organizations since moving to Maine in 1987. Currently, he is on the board of
directors for the Coastal Conservation Association. In the past he has served
as a director for Mobius, Inc., Pemaquid Watershed Association, Skidompha
Public Library, and the Nobleboro Central School board. Mr. Nelson and his wife
Nancy, a physician who previously practiced at Miles Memorial Hospital and is
currently working as a medical consultant, live in Nobleboro.
First National Lincoln Corporation, headquartered in Damariscotta, Maine, is
the holding company for The First National Bank of Damariscotta and Pemaquid
Advisors. The First is an independent community bank serving Mid-Coast Maine
with seven offices in Lincoln and Knox Counties that provide consumer and
commercial banking products and services. Pemaquid Advisors provides investment
advisory and trust services from offices in Damariscotta, Boothbay Harbor and
Portland, Maine.
Forward-looking and cautionary statements: except for the historical
information and discussions contained herein, statements contained in this
release may constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements involve a
number of risks, uncertainties and other factors that could cause actual
results to differ materially, as discussed in the company's filings with the
Securities and Exchange Commission.
For additional information contact F. Stephen Ward, Treasurer & Chief Financial
Officer, at 207.563.3272.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be filed on its behalf by
the undersigned thereunto duly authorized.
FIRST NATIONAL LINCOLN CORPORATION
By: /s/ F. Stephen Ward
F. Stephen Ward
Treasurer & Chief Financial Officer
March 15, 2004