First Bancorp (FBP) Interest Expense - Fed Funds (2016 - 2022)
First Bancorp (FBP) has disclosed Interest Expense - Fed Funds for 7 consecutive years, with $391000.0 as the latest value for Q4 2022.
- Quarterly Interest Expense - Fed Funds fell 84.79% to $391000.0 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $6.5 million through Dec 2022, down 34.38% year-over-year, with the annual reading at $6.5 million for FY2022, 34.38% down from the prior year.
- Interest Expense - Fed Funds for Q4 2022 was $391000.0 at First Bancorp, down from $2.0 million in the prior quarter.
- The five-year high for Interest Expense - Fed Funds was $2.6 million in Q3 2021, with the low at $391000.0 in Q4 2022.
- Average Interest Expense - Fed Funds over 5 years is $2.0 million, with a median of $2.1 million recorded in 2022.
- The sharpest move saw Interest Expense - Fed Funds soared 88.63% in 2021, then crashed 84.79% in 2022.
- Over 5 years, Interest Expense - Fed Funds stood at $2.2 million in 2018, then crashed by 48.03% to $1.2 million in 2019, then grew by 17.7% to $1.4 million in 2020, then skyrocketed by 88.63% to $2.6 million in 2021, then plummeted by 84.79% to $391000.0 in 2022.
- According to Business Quant data, Interest Expense - Fed Funds over the past three periods came in at $391000.0, $2.0 million, and $2.0 million for Q4 2022, Q3 2022, and Q2 2022 respectively.