First Bancorp Inc. declared a special dividend of 12 cents per share in the fourth quarter of 2016.

The Damariscotta, Maine-based company reported fourth-quarter 2016 net income of $4.3 million or 40 cents per diluted share, compared to $3.8 million, or 35 cents per diluted share for the same period a year ago. Full-year 2016 net income for the company was $18.0 million, or $1.66 per diluted share, compared to full-year 2015 net income of $16.2 million, or $1.51 per diluted share.