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

Historic Loans - Loss Allowance for First Bancorp (FBP) over the last 8 years, with Q4 2021 value amounting to $269.0 million.

  • First Bancorp's Loans - Loss Allowance fell 3028.27% 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 3028.27%. This contributed to the annual value of $269.0 million for FY2021, which is 3028.27% down from last year.
  • As of Q4 2021, First Bancorp's Loans - Loss Allowance stood at $269.0 million, which was down 3028.27% from $288.4 million recorded in Q3 2021.
  • Over the past 5 years, First Bancorp's Loans - Loss Allowance peaked at $385.9 million during Q4 2020, and registered a low of $5.5 million during Q2 2017.
  • For the 5-year period, First Bancorp's Loans - Loss Allowance averaged around $231.0 million, with its median value being $228.4 million (2017).
  • Per our database at Business Quant, First Bancorp's Loans - Loss Allowance soared by 645694.4% in 2017 and then tumbled by 3028.27% in 2021.
  • Quarter analysis of 5 years shows First Bancorp's Loans - Loss Allowance stood at $231.8 million in 2017, then decreased by 15.3% to $196.4 million in 2018, then dropped by 20.99% to $155.1 million in 2019, then soared by 148.74% to $385.9 million in 2020, then tumbled by 30.28% to $269.0 million in 2021.
  • Its last three reported values are $269.0 million in Q4 2021, $288.4 million for Q3 2021, and $325.0 million during Q2 2021.