First Bancorp (FBNC) Change in Loans (2013 - 2024)

First Bancorp has reported Change in Loans for 8 years, with the latest figure at $11.9 million in Q1 2024.

• For the quarter ending Q1 2024, Change in Loans rose 155.18% year-over-year to $11.9 million; the trailing twelve-month figure through Mar 2024 stood at $47.2 million (up 33.56% YoY), and the FY2023 full-year result was $39.9 million, down 66.6% from the prior year.
• Change in Loans for Q1 2024 stood at $11.9 million, up from $9.4 million in the prior quarter.
• The five-year high for Change in Loans was $88.9 million in Q1 2022, with the low at $4.7 million in Q1 2023.
• Historically, Change in Loans has averaged $21.5 million across 5 years, with a median of $15.5 million in 2023.
• Annual changes were most pronounced in 2022 — Change in Loans surged 173.8% — and 2023, when it plunged 94.74%.
• First Bancorp's Change in Loans stood at $32.5 million in 2020, then sank by 78.73% to $6.9 million in 2021, then surged by 43.95% to $9.9 million in 2022, then dropped by 5.4% to $9.4 million in 2023, then climbed by 26.97% to $11.9 million in 2024.
• The last three Change in Loans figures came in at $11.9 million (Q1 2024), $9.4 million (Q4 2023), and $15.5 million (Q3 2023), per Business Quant data.