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First Bancorp (FNLC) Loans - Loss Allowance: 2016-2024

Historic Loans - Loss Allowance for First Bancorp (FNLC) over the last 9 years, with Dec 2024 value amounting to $24.9 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.
  • As of FY2024, First Bancorp's Loans - Loss Allowance stood at $24.9 million, which was up 3.50% from $24.0 million recorded in FY2023.
  • First Bancorp's 5-year Loans - Loss Allowance high stood at $24.9 million for FY2024, and its period low was $15.5 million during FY2021.
  • In the last 3 years, First Bancorp's Loans - Loss Allowance had a median value of $24.0 million in 2023 and averaged $21.9 million.
  • Its Loans - Loss Allowance has fluctuated over the past 5 years, first fell by 4.50% in 2021, then surged by 43.69% in 2023.
  • First Bancorp's Loans - Loss Allowance (Yearly) stood at $16.3 million in 2020, then declined by 4.50% to $15.5 million in 2021, then increased by 7.74% to $16.7 million in 2022, then surged by 43.69% to $24.0 million in 2023, then climbed by 3.50% to $24.9 million in 2024.