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 $13000.0 in Q4 2023.

• Interest Expense - Fed Funds for Q4 2023 came in at $13000.0, up 100.25% year-over-year; the trailing twelve-month figure through Sep 2024 was $13000.0 (up 100.55% YoY), and the FY2023 annual result was $2.8 million, up 172.27% from the prior year.
• Interest Expense - Fed Funds retreated to $13000.0 in Q4 2023 per FBP's latest filing, from $359000.0 in the prior quarter.
• Over five years, Interest Expense - Fed Funds peaked at $2.6 million in Q3 2021 and troughed at -$5.1 million in Q4 2022.
• A 5-year average of $1.4 million and a median of $1.8 million in 2019 frame the typical range for Interest Expense - Fed Funds.
• The sharpest annual moves came in 2022 and 2023: Interest Expense - Fed Funds tumbled 299.53% in 2022, then jumped 100.25% in 2023.
• A 5-year view of Interest Expense - Fed Funds shows it stood at $1.2 million in 2019, then increased by 17.7% to $1.4 million in 2020, then surged by 88.63% to $2.6 million in 2021, then plunged by 299.53% to -$5.1 million in 2022, then jumped by 100.25% to $13000.0 in 2023.
• Business Quant data shows FBP's Interest Expense - Fed Funds at $13000.0 in Q4 2023, $359000.0 in Q3 2023, and $1.3 million in Q2 2023.