First Bancorp (FBP) Loans - Loss Allowance (2014 - 2025)

First Bancorp (FBP) has 12 years of Loans - Loss Allowance data on file, last reported at $248.6 million in Q2 2025.

• Loans - Loss Allowance for Q2 2025 came in at $248.6 million, down 2.34% year-over-year; the trailing twelve-month figure through Jun 2025 was $248.6 million (down 2.34% YoY), and the FY2023 annual result was $261.8 million, up 0.53% from the prior year.
• Loans - Loss Allowance improved to $248.6 million in Q2 2025 per FBP's latest filing, from $247.3 million in the prior quarter.
• Over five years, Loans - Loss Allowance peaked at $358.9 million in Q1 2021 and troughed at $20.9 million in Q3 2021.
• A 5-year average of $253.5 million and a median of $260.5 million in 2022 frame the typical range for Loans - Loss Allowance.
• The sharpest annual moves came in 2021 and 2022: Loans - Loss Allowance slumped 94.57% in 2021, then jumped 1133.78% in 2022.
• A 5-year view of Loans - Loss Allowance shows it stood at $269.0 million in 2021, then decreased by 3.18% to $260.5 million in 2022, then rose by 0.53% to $261.8 million in 2023, then fell by 5.67% to $247.0 million in 2024, then advanced by 0.64% to $248.6 million in 2025.
• Business Quant data shows FBP's Loans - Loss Allowance at $248.6 million in Q2 2025, $247.3 million in Q1 2025, and $247.0 million in Q3 2024.