FIRST HOOP CELEBRATES ITS 19TH SEASON WITH $37,300 CONTRIBUTION

by | Mar 18, 2024

As the Maine high school basketball season has come to a close, First National Bank is pleased to report the successful results of their signature athletic programming sponsorship “First Hoop”.

Designed to promote team spirit and fan participation, First Hoop was launched in 2005 by First National Bank. Since its inception, the First Hoop program has awarded $344,050 to participating high school athletic departments in the bank’s market area. For the 2023-2024 basketball season, thirteen high schools participated in the program, including Belfast Area High School, Boothbay Region High School, Brewer High School, Calais High School, Ellsworth High School, George Stevens Academy in Blue Hill, Hermon High School, Lincoln Academy in Newcastle, Medomak Valley High School in Waldoboro, Mount Desert Island High School in Bar Harbor, Oceanside High School in Rockland, Shead High School in Eastport, and Sumner Memorial High School in Sullivan.

First National Bank presenting Oceanside High School with a check for $3,200 from the First Hoop program.

Through First Hoop, First National Bank supported each participating school’s general fund by awarding a cash donation at every home court basketball game. The donation awarded at each game was dependent on the outcome of a series of events. Fifty dollars was the base donation, automatically awarded at the start of every home varsity game. Fifty dollars was added to the fund if the first hoop of the game was scored by the home team. Finally, fifty dollars was added to the fund if a randomly drawn spectator (also known as “The First Fan”) successfully made a free-throw hoop at half-time.

This season participating schools were also a part of the Bank’s Spirit Card program. This program features debit cards with the schools’ mascots and schools could earn $5 per card for each card issued up to an additional $500.  Spirit Cards are available all year round and can be issued at your local FNB branch.

In its nineteenth season, First Hoop donated a total sum of $37,300 to the thirteen high schools’ sports programming funds. Tony McKim, President and CEO of First National Bank, observed, “Throughout the years, we have been overwhelmed by the positive feedback about this program from school administrators, employees and fans alike. I want to thank our employees who volunteer their time at these games. Thanks to their hard work, First Hoop has truly made a meaningful impact on high school athletics.”

First National Bank presenting Medomak Valley High School with a check for $3,000 from the First Hoop program. Photo by: Mic LeBel

First National Bank, a subsidiary of The First Bancorp, Inc. (NASDAQ: FNLC) is an independent community bank with 18 offices in Lincoln, Knox, Waldo, Hancock, Washington and Penobscot Counties.  For more information about First National Bank, please call 1-800-564-3195 or visit www.thefirst.com.