According to the book "Lords of Middle-Earth: Vol II - The mannish races" , this is what is said about Bard:
"Bard was a quiet, grim Northman Warrior from Lake town (Esgaroth) When the dragon Smaug attacked his porthome, he rallied the townsmen and slew the Fire-drake with a well-placed bowshot.
He later led the Northmen of the Long Lake area in the Battle of Five Armies outside the Lonely Mountain. After the victory, he used his portion of the Dragon's hoard to rebuild the ruined town of Dale, the home of his ancestor Girion.
Thus, Bard became the First King of the Second Line"
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