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First Bancorp (FBP) Interest Expense - Fed Funds (2016 - 2022)

Historic Interest Expense - Fed Funds for First Bancorp (FBP) over the last 9 years, with Q4 2022 value amounting to $391000.0.

  • First Bancorp's Interest Expense - Fed Funds fell 8479.19% to $391000.0 in Q4 2022 from the same period last year, while for Dec 2022 it was $6.3 million, marking a year-over-year decrease of 3809.48%. This contributed to the annual value of $2.8 million for FY2023, which is 5764.76% down from last year.
  • As of Q4 2022, First Bancorp's Interest Expense - Fed Funds stood at $391000.0, which was down 8479.19% from $2.0 million recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Interest Expense - Fed Funds registered a high of $2.6 million during Q3 2021, and its lowest value of $391000.0 during Q4 2022.
  • Moreover, its 5-year median value for Interest Expense - Fed Funds was $2.1 million (2022), whereas its average is $2.0 million.
  • Per our database at Business Quant, First Bancorp's Interest Expense - Fed Funds surged by 8862.8% in 2021 and then tumbled by 8479.19% in 2022.
  • First Bancorp's Interest Expense - Fed Funds (Quarter) stood at $2.2 million in 2018, then tumbled by 48.03% to $1.2 million in 2019, then increased by 17.7% to $1.4 million in 2020, then skyrocketed by 88.63% to $2.6 million in 2021, then crashed by 84.79% to $391000.0 in 2022.
  • Its Interest Expense - Fed Funds was $391000.0 in Q4 2022, compared to $2.0 million in Q3 2022 and $2.0 million in Q2 2022.