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Ticker:FNLC
Company Name: First National Lincoln Corporation

Business Overview from 10-K filing for First National Lincoln Corporation:

First National Lincoln Corporation (the "Company") was incorporated under the general business laws of the State of Maine on January 15, 1985, for the purpose of becoming the parent holding company of The First National Bank of Damariscotta (the "Bank"). The common stock of the Bank is the principal asset of the Company, which has no other subsidiaries. As of December 31, 2004, the Company's securities consisted of one class of common stock, $.01 par value per share, of which there were 7,356,836 shares outstanding and held of record by approximately 1,500 shareholders. The Bank was chartered as a national bank under the laws of the United States on May 30, 1864. The Bank's capital stock consists of one class of common stock of which 120,000 shares, par value $2.50 per share, are authorized and outstanding. All of the Bank's common stock is owned by the Company.     

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