First Bancorp (FBNC) Deferred Taxes (2020 - 2026)

First Bancorp has reported Deferred Taxes for 7 years, with the latest figure at -$3.3 million in Q1 2026.

• For the quarter ending Q1 2026, Deferred Taxes fell 59.04% year-over-year to -$3.3 million; the trailing twelve-month figure through Mar 2026 stood at -$32.1 million (down 1414.44% YoY), and the FY2025 full-year result was -$30.9 million, down 734.98% from the prior year.
• Deferred Taxes for Q1 2026 stood at -$3.3 million, up from -$24.1 million in the prior quarter.
• The five-year high for Deferred Taxes was $26.8 million in Q3 2022, with the low at -$25.2 million in Q2 2022.
• Historically, Deferred Taxes has averaged -$1.6 million across 5 years, with a median of $379000.0 in 2024.
• Annual changes were most pronounced in 2022 — Deferred Taxes soared 1340400.0% — and 2025, when it sank 2448.04%.
• First Bancorp's Deferred Taxes stood at $1.3 million in 2022, then plunged by 252.94% to -$2.1 million in 2023, then soared by 54.06% to -$945000.0 in 2024, then slumped by 2448.04% to -$24.1 million in 2025, then jumped by 86.49% to -$3.3 million in 2026.
• The last three Deferred Taxes figures came in at -$3.3 million (Q1 2026), -$24.1 million (Q4 2025), and -$5.2 million (Q3 2025), per Business Quant data.