First Bancorp /Nc/ (FBNC) Loans - Loss Allowance (2010 - 2026)
First Bancorp (FBNC) recorded Loans - Loss Allowance of $124.89 million in Q2 2026, up 3.6% from $120.55 million a year earlier and up 0.1% from the prior quarter.
First Bancorp /Nc/ (FBNC) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
At the end of FY2025, First Bancorp reported Loans - Loss Allowance of $123.58 million, up 0.8% from FY2024.
- Annual Loans - Loss Allowance has increased for seven straight years, with a five-year compound annual growth rate of 18.7% (FY2020 to FY2025).
- Across earlier years, Loans - Loss Allowance came in at $122.57 million in FY2024 (+11.6%), $109.85 million in FY2023 (+20.8%), $90.97 million in FY2022 (+15.5%) and $78.79 million in FY2021 (+50.4%).
- The Q2 2026 figure is the highest quarterly Loans - Loss Allowance in data going back to Q2 2010.
- On a year-over-year basis, Loans - Loss Allowance has increased for three consecutive quarters, with growth averaging 6.3% over the last eight quarters.
- Peak year-over-year performance for Loans - Loss Allowance in the last five years was growth of 50.4% in Q4 2021, against a decline of 1.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $124.73 million (Q1 2026), $123.58 million (Q4 2025) and $120.95 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 124.89 Mn |
| Mar 31, 2026 | 124.73 Mn |
| Dec 31, 2025 | 123.58 Mn |
| Sep 30, 2025 | 120.95 Mn |
| Jun 30, 2025 | 120.55 Mn |
| Mar 31, 2025 | 120.63 Mn |
| Dec 31, 2024 | 122.57 Mn |
| Sep 30, 2024 | 122.72 Mn |
| Jun 30, 2024 | 110.06 Mn |
| Mar 31, 2024 | 110.07 Mn |
| Dec 31, 2023 | 109.85 Mn |
| Sep 30, 2023 | 108.20 Mn |
| Jun 30, 2023 | 109.23 Mn |
| Mar 31, 2023 | 106.40 Mn |
| Dec 31, 2022 | 90.97 Mn |
| Sep 30, 2022 | 86.59 Mn |
| Jun 30, 2022 | 82.18 Mn |
| Mar 31, 2022 | 82.07 Mn |
| Dec 31, 2021 | 78.79 Mn |
| Sep 30, 2021 | 63.63 Mn |
First Bancorp /Nc/ Loans - Loss Allowance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=FBNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "FBNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=FBNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();