First Bancorp (FNLC) Loans - Loss Allowance: 2016-2025

Historic Loans - Loss Allowance for First Bancorp (FNLC) over the last 10 years, with Sep 2025 value amounting to $25.1 million.

  • First Bancorp's Loans - Loss Allowance rose 4.50% to $25.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $25.1 million, marking a year-over-year increase of 4.50%. This contributed to the annual value of $24.9 million for FY2024, which is 3.50% up from last year.
  • First Bancorp's Loans - Loss Allowance amounted to $25.1 million in Q3 2025, which was up 1.00% from $24.8 million recorded in Q2 2025.
  • Over the past 5 years, First Bancorp's Loans - Loss Allowance peaked at $25.1 million during Q1 2025, and registered a low of $15.5 million during Q4 2021.
  • Over the past 3 years, First Bancorp's median Loans - Loss Allowance value was $24.2 million (recorded in 2024), while the average stood at $24.3 million.
  • Per our database at Business Quant, First Bancorp's Loans - Loss Allowance dropped by 6.40% in 2022 and then spiked by 48.79% in 2023.
  • Quarterly analysis of 5 years shows First Bancorp's Loans - Loss Allowance stood at $15.5 million in 2021, then climbed by 7.74% to $16.7 million in 2022, then spiked by 43.69% to $24.0 million in 2023, then grew by 3.50% to $24.9 million in 2024, then rose by 4.50% to $25.1 million in 2025.
  • Its Loans - Loss Allowance stands at $25.1 million for Q3 2025, versus $24.8 million for Q2 2025 and $25.1 million for Q1 2025.