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First Bancorp (FBP) Loans - Loss Allowance: 2016-2021

Historic Loans - Loss Allowance for First Bancorp (FBP) over the last 6 years, with Dec 2021 value amounting to $269.0 million.

  • First Bancorp's Loans - Loss Allowance fell 30.28% to $269.0 million in Q4 2021 from the same period last year, while for Dec 2021 it was $269.0 million, marking a year-over-year decrease of 30.28%. This contributed to the annual value of $269.0 million for FY2021, which is 30.28% down from last year.
  • First Bancorp's Loans - Loss Allowance amounted to $269.0 million in Q4 2021, which was down 6.72% from $288.4 million recorded in Q3 2021.
  • In the past 5 years, First Bancorp's Loans - Loss Allowance ranged from a high of $385.9 million in Q4 2020 and a low of $5.5 million during Q2 2017.
  • Moreover, its 3-year median value for Loans - Loss Allowance was $290.6 million (2020), whereas its average is $275.0 million.
  • Per our database at Business Quant, First Bancorp's Loans - Loss Allowance soared by 6,456.94% in 2017 and then plummeted by 30.28% in 2021.
  • Quarterly analysis of 5 years shows First Bancorp's Loans - Loss Allowance stood at $231.8 million in 2017, then decreased by 15.30% to $196.4 million in 2018, then decreased by 20.99% to $155.1 million in 2019, then soared by 148.74% to $385.9 million in 2020, then crashed by 30.28% to $269.0 million in 2021.
  • Its Loans - Loss Allowance stands at $269.0 million for Q4 2021, versus $288.4 million for Q3 2021 and $325.0 million for Q2 2021.