First Bancorp (FBP) Interest Expense - Fed Funds (2010 - 2023)

First Bancorp (FBP) has 14 years of Interest Expense - Fed Funds data on file, last reported at -$2.8 million in Q4 2023.

• On a quarterly basis, Interest Expense - Fed Funds rose 46.28% year-over-year to -$2.8 million in Q4 2023; TTM through Sep 2024 was -$2.8 million, a 16.09% decrease from a year earlier, with the FY2022 full-year figure at $1.0 million, changed N/A from the prior year.
• Interest Expense - Fed Funds for Q4 2023 stood at -$2.8 million, down from $359000.0 in the prior quarter.
• Over the last five years, Interest Expense - Fed Funds for FBP reached as high as $2.6 million in Q3 2021 and fell as low as -$7.4 million in Q4 2021.
• Historically, Interest Expense - Fed Funds has averaged $638263.2 across 5 years, with a median of $1.5 million in 2020.
• On a YoY basis, Interest Expense - Fed Funds climbed as much as 73.25% in 2021 and fell as far as 642.33% in 2021.
• Year by year, Interest Expense - Fed Funds stood at $1.2 million in 2019, then advanced by 17.7% to $1.4 million in 2020, then sank by 642.33% to -$7.4 million in 2021, then jumped by 30.6% to -$5.1 million in 2022, then soared by 46.28% to -$2.8 million in 2023.
• Per Business Quant data, the three most recent Interest Expense - Fed Funds figures were -$2.8 million in Q4 2023, $359000.0 in Q3 2023, and $1.3 million in Q2 2023.