First Bancorp, Inc /ME/ (FNLC) Loans - Loss Allowance (2009 - 2026)
First Bancorp (FNLC) recorded Loans - Loss Allowance of $24.56 million in Q2 2026, down 1.1% from $24.83 million a year earlier and down 2.6% from the prior quarter.
First Bancorp, Inc /ME/ (FNLC) Loans - Loss Allowance (2009 - 2026) Analysis & Trends
At the end of FY2025, First Bancorp reported Loans - Loss Allowance of $25.37 million, up 2.0% from FY2024.
- Annual Loans - Loss Allowance has increased for four straight years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Across earlier years, Loans - Loss Allowance came in at $24.87 million in FY2024 (+3.5%), $24.03 million in FY2023 (+43.7%), $16.72 million in FY2022 (+7.7%) and $15.52 million in FY2021 (-4.5%).
- The Q2 2026 figure is the lowest quarterly Loans - Loss Allowance since Q3 2024.
- On a year-over-year basis, Loans - Loss Allowance rose in seven of the last eight quarters, with growth averaging 2.1%.
- Peak year-over-year performance for Loans - Loss Allowance in the last five years was growth of 48.8% in Q1 2023, against a decline of 6.4% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $25.21 million (Q1 2026), $25.37 million (Q4 2025) and $25.08 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.56 Mn |
| Mar 31, 2026 | 25.21 Mn |
| Dec 31, 2025 | 25.37 Mn |
| Sep 30, 2025 | 25.08 Mn |
| Jun 30, 2025 | 24.83 Mn |
| Mar 31, 2025 | 25.11 Mn |
| Dec 31, 2024 | 24.87 Mn |
| Sep 30, 2024 | 24.00 Mn |
| Jun 30, 2024 | 24.69 Mn |
| Mar 31, 2024 | 24.21 Mn |
| Dec 31, 2023 | 24.03 Mn |
| Sep 30, 2023 | 23.32 Mn |
| Jun 30, 2023 | 23.47 Mn |
| Mar 31, 2023 | 23.46 Mn |
| Dec 31, 2022 | 16.72 Mn |
| Sep 30, 2022 | 16.39 Mn |
| Jun 30, 2022 | 16.20 Mn |
| Mar 31, 2022 | 15.77 Mn |
| Dec 31, 2021 | 15.52 Mn |
| Sep 30, 2021 | 17.51 Mn |
First Bancorp, Inc /ME/ Loans - Loss Allowance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=FNLC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "FNLC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=FNLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();