Analyst Summary
- Bar Harbor Bankshares dismissed RSM US LLP as their independent registered public accounting firm on March 11, 2025.
- The dismissal of RSM was approved by the Audit Committee of the Board of Directors.
- RSM’s reports for the fiscal years ended December 31, 2024 and 2023 did not contain any adverse opinions or disclaimers.
- There were no disagreements with RSM on accounting principles, financial statement disclosure, or auditing scope.
- On March 13, 2025, Crowe LLP was engaged as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
- The Audit Committee and the Board of Directors considered income tax services previously provided by Crowe LLP and concluded that such services would not adversely affect the independence of Crowe LLP.