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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 FY2021, which was down 30.28% from $385.9 million recorded in FY2020.
  • In the past 5 years, First Bancorp's Loans - Loss Allowance ranged from a high of $385.9 million in FY2020 and a low of $155.1 million during FY2019.
  • Over the past 3 years, First Bancorp's median Loans - Loss Allowance value was $269.0 million (recorded in 2021), while the average stood at $270.0 million.
  • In the last 5 years, First Bancorp's Loans - Loss Allowance spiked by 148.74% in 2020 and then crashed by 30.28% in 2021.
  • Yearly 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 declined by 20.99% to $155.1 million in 2019, then soared by 148.74% to $385.9 million in 2020, then plummeted by 30.28% to $269.0 million in 2021.