First Bancorp
NYSE:FBP
Income Statement
Income Statement
First Bancorp
| Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income |
253
|
263
|
262
|
315
|
270
|
265
|
277
|
252
|
349
|
290
|
388
|
398
|
351
|
539
|
435
|
432
|
440
|
373
|
429
|
444
|
488
|
479
|
462
|
451
|
458
|
475
|
515
|
528
|
525
|
521
|
506
|
519
|
514
|
502
|
487
|
462
|
451
|
426
|
407
|
394
|
389
|
403
|
435
|
462
|
484
|
503
|
508
|
515
|
522
|
525
|
522
|
518
|
512
|
509
|
506
|
502
|
501
|
495
|
488
|
484
|
482
|
486
|
490
|
492
|
494
|
500
|
510
|
525
|
541
|
553
|
565
|
567
|
565
|
558
|
562
|
600
|
638
|
688
|
724
|
730
|
739
|
751
|
774
|
795
|
811
|
814
|
806
|
797
|
793
|
793
|
795
|
807
|
823
|
840
|
855
|
869
|
|
| Interest Income |
524
|
534
|
536
|
550
|
536
|
523
|
527
|
550
|
555
|
592
|
645
|
690
|
756
|
845
|
950
|
1 068
|
1 183
|
1 278
|
1 304
|
1 289
|
1 260
|
1 221
|
1 199
|
1 189
|
1 170
|
1 141
|
1 133
|
1 127
|
1 106
|
1 082
|
1 036
|
997
|
959
|
921
|
883
|
833
|
793
|
741
|
696
|
660
|
631
|
621
|
630
|
638
|
646
|
653
|
648
|
646
|
646
|
644
|
638
|
634
|
626
|
619
|
612
|
606
|
604
|
599
|
593
|
585
|
580
|
580
|
585
|
588
|
593
|
601
|
610
|
625
|
642
|
656
|
671
|
676
|
675
|
664
|
662
|
693
|
722
|
765
|
795
|
795
|
798
|
805
|
828
|
863
|
907
|
951
|
991
|
1 023
|
1 050
|
1 070
|
1 081
|
1 095
|
1 104
|
1 110
|
1 118
|
1 123
|
|
| Interest Expense |
271
|
271
|
275
|
236
|
266
|
257
|
250
|
298
|
206
|
303
|
257
|
293
|
406
|
306
|
515
|
635
|
743
|
905
|
875
|
845
|
771
|
742
|
738
|
738
|
712
|
665
|
618
|
599
|
581
|
561
|
530
|
478
|
445
|
419
|
396
|
371
|
342
|
315
|
289
|
266
|
242
|
218
|
195
|
176
|
162
|
150
|
140
|
131
|
124
|
119
|
117
|
116
|
113
|
110
|
106
|
103
|
103
|
104
|
105
|
101
|
98
|
94
|
94
|
97
|
99
|
101
|
100
|
100
|
101
|
103
|
106
|
109
|
109
|
106
|
99
|
93
|
84
|
78
|
71
|
65
|
59
|
54
|
54
|
67
|
97
|
137
|
185
|
226
|
257
|
277
|
286
|
288
|
280
|
270
|
262
|
254
|
|
| Non Interest Income |
49
|
46
|
54
|
49
|
72
|
84
|
84
|
74
|
77
|
66
|
59
|
54
|
56
|
58
|
64
|
63
|
53
|
42
|
32
|
31
|
33
|
42
|
58
|
64
|
81
|
82
|
72
|
75
|
75
|
55
|
92
|
142
|
126
|
173
|
142
|
118
|
114
|
113
|
108
|
108
|
76
|
50
|
52
|
49
|
54
|
(13)
|
(18)
|
(16)
|
(20)
|
50
|
56
|
61
|
83
|
74
|
76
|
81
|
67
|
80
|
88
|
88
|
78
|
78
|
71
|
62
|
77
|
77
|
77
|
82
|
82
|
84
|
87
|
91
|
98
|
97
|
105
|
111
|
112
|
121
|
121
|
121
|
123
|
124
|
124
|
123
|
123
|
128
|
129
|
129
|
134
|
130
|
132
|
131
|
132
|
131
|
130
|
132
|
|
| Revenue |
302
N/A
|
309
+2%
|
316
+2%
|
363
+15%
|
342
-6%
|
350
+2%
|
361
+3%
|
326
-10%
|
426
+31%
|
356
-16%
|
447
+26%
|
452
+1%
|
407
-10%
|
596
+47%
|
499
-16%
|
495
-1%
|
493
0%
|
415
-16%
|
461
+11%
|
475
+3%
|
521
+10%
|
522
+0%
|
520
0%
|
515
-1%
|
539
+5%
|
557
+3%
|
587
+5%
|
603
+3%
|
600
0%
|
577
-4%
|
598
+4%
|
661
+11%
|
640
-3%
|
676
+6%
|
629
-7%
|
580
-8%
|
565
-3%
|
540
-4%
|
515
-5%
|
502
-3%
|
465
-7%
|
454
-2%
|
486
+7%
|
511
+5%
|
538
+5%
|
489
-9%
|
490
+0%
|
499
+2%
|
502
+1%
|
575
+15%
|
578
+1%
|
579
+0%
|
595
+3%
|
583
-2%
|
582
0%
|
584
+0%
|
568
-3%
|
575
+1%
|
576
+0%
|
572
-1%
|
560
-2%
|
564
+1%
|
561
-1%
|
554
-1%
|
571
+3%
|
577
+1%
|
587
+2%
|
608
+4%
|
623
+3%
|
637
+2%
|
651
+2%
|
658
+1%
|
664
+1%
|
655
-1%
|
668
+2%
|
712
+7%
|
750
+5%
|
809
+8%
|
845
+4%
|
851
+1%
|
862
+1%
|
875
+1%
|
898
+3%
|
918
+2%
|
933
+2%
|
942
+1%
|
935
-1%
|
926
-1%
|
927
+0%
|
922
0%
|
927
+0%
|
938
+1%
|
956
+2%
|
971
+2%
|
985
+1%
|
1 001
+2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Loss Provision |
(66)
|
(63)
|
(64)
|
(62)
|
(59)
|
(57)
|
(56)
|
(56)
|
(53)
|
(53)
|
(54)
|
(53)
|
(51)
|
(49)
|
(48)
|
(51)
|
(59)
|
(58)
|
(65)
|
(75)
|
(81)
|
(96)
|
(110)
|
(121)
|
(142)
|
(158)
|
(179)
|
(191)
|
(205)
|
(398)
|
(491)
|
(580)
|
(692)
|
(603)
|
(576)
|
(635)
|
(552)
|
(465)
|
(391)
|
(236)
|
(184)
|
(150)
|
(132)
|
(121)
|
(196)
|
(258)
|
(251)
|
(244)
|
(165)
|
(104)
|
(109)
|
(110)
|
(111)
|
(158)
|
(162)
|
(172)
|
(160)
|
(107)
|
(97)
|
(87)
|
(91)
|
(88)
|
(142)
|
(144)
|
(139)
|
(141)
|
(77)
|
(59)
|
(50)
|
(43)
|
(39)
|
(40)
|
(106)
|
(132)
|
(172)
|
(171)
|
(78)
|
(13)
|
46
|
66
|
64
|
28
|
0
|
(28)
|
(57)
|
(69)
|
(58)
|
(61)
|
(58)
|
(47)
|
(58)
|
(60)
|
(73)
|
(82)
|
(84)
|
(86)
|
|
| Non Interest Expense |
(123)
|
(124)
|
(127)
|
(133)
|
(140)
|
(148)
|
(155)
|
(132)
|
(131)
|
(137)
|
(143)
|
(175)
|
(190)
|
(201)
|
(216)
|
(315)
|
(334)
|
(349)
|
(361)
|
(288)
|
(292)
|
(295)
|
(297)
|
(305)
|
(311)
|
(319)
|
(327)
|
(333)
|
(336)
|
(318)
|
(319)
|
(352)
|
(327)
|
(361)
|
(367)
|
(366)
|
(358)
|
(346)
|
(340)
|
(338)
|
(340)
|
(340)
|
(349)
|
(355)
|
(367)
|
(390)
|
(397)
|
(415)
|
(408)
|
(397)
|
(391)
|
(378)
|
(377)
|
(382)
|
(382)
|
(384)
|
(385)
|
(372)
|
(367)
|
(355)
|
(350)
|
(350)
|
(347)
|
(348)
|
(346)
|
(347)
|
(352)
|
(358)
|
(362)
|
(365)
|
(366)
|
(378)
|
(380)
|
(377)
|
(392)
|
(424)
|
(465)
|
(506)
|
(512)
|
(489)
|
(462)
|
(440)
|
(442)
|
(443)
|
(452)
|
(456)
|
(458)
|
(468)
|
(477)
|
(483)
|
(489)
|
(487)
|
(489)
|
(494)
|
(496)
|
(498)
|
|
| Pre-Tax Income |
113
N/A
|
122
+8%
|
125
+2%
|
168
+35%
|
143
-15%
|
145
+1%
|
151
+4%
|
138
-8%
|
242
+75%
|
166
-32%
|
250
+51%
|
224
-11%
|
166
-26%
|
347
+109%
|
235
-32%
|
130
-45%
|
100
-23%
|
9
-91%
|
35
+305%
|
112
+222%
|
149
+33%
|
131
-12%
|
114
-13%
|
90
-21%
|
87
-3%
|
80
-8%
|
81
+1%
|
78
-4%
|
60
-23%
|
(140)
N/A
|
(213)
-52%
|
(271)
-27%
|
(378)
-40%
|
(289)
+24%
|
(313)
-8%
|
(421)
-35%
|
(346)
+18%
|
(271)
+22%
|
(216)
+20%
|
(73)
+66%
|
(59)
+19%
|
(36)
+39%
|
5
N/A
|
36
+600%
|
(24)
N/A
|
(159)
-553%
|
(159)
0%
|
(159)
0%
|
(70)
+56%
|
74
N/A
|
78
+5%
|
92
+18%
|
107
+17%
|
43
-60%
|
39
-10%
|
28
-28%
|
23
-17%
|
97
+318%
|
112
+16%
|
130
+17%
|
119
-9%
|
127
+7%
|
73
-42%
|
62
-15%
|
85
+38%
|
89
+5%
|
157
+76%
|
191
+21%
|
211
+11%
|
229
+9%
|
246
+7%
|
239
-3%
|
178
-26%
|
146
-18%
|
104
-28%
|
116
+12%
|
206
+77%
|
290
+40%
|
378
+31%
|
428
+13%
|
464
+9%
|
462
0%
|
456
-1%
|
448
-2%
|
425
-5%
|
417
-2%
|
419
+1%
|
397
-5%
|
392
-1%
|
393
+0%
|
380
-3%
|
391
+3%
|
394
+1%
|
396
+0%
|
405
+2%
|
417
+3%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(20)
|
(22)
|
(21)
|
(35)
|
(24)
|
(24)
|
(25)
|
(18)
|
(61)
|
(32)
|
(60)
|
(47)
|
(23)
|
(88)
|
(47)
|
(15)
|
(7)
|
19
|
2
|
(27)
|
(45)
|
(36)
|
(31)
|
(22)
|
(8)
|
8
|
17
|
32
|
38
|
127
|
10
|
(5)
|
(26)
|
(128)
|
(13)
|
(103)
|
(100)
|
(99)
|
(103)
|
(9)
|
(8)
|
(7)
|
(5)
|
(6)
|
(5)
|
(3)
|
(6)
|
(5)
|
(4)
|
(5)
|
(2)
|
301
|
294
|
303
|
299
|
(6)
|
(4)
|
(22)
|
(27)
|
(37)
|
(23)
|
(25)
|
(6)
|
5
|
(11)
|
(12)
|
(33)
|
11
|
1
|
(7)
|
(14)
|
(72)
|
(51)
|
(39)
|
(16)
|
(14)
|
(45)
|
(79)
|
(121)
|
(147)
|
(162)
|
(156)
|
(151)
|
(143)
|
(131)
|
(128)
|
(123)
|
(95)
|
(87)
|
(82)
|
(78)
|
(92)
|
(92)
|
(89)
|
(89)
|
(88)
|
|
| Income from Continuing Operations |
93
|
100
|
104
|
133
|
119
|
121
|
125
|
120
|
181
|
134
|
191
|
177
|
144
|
259
|
188
|
115
|
93
|
28
|
37
|
85
|
104
|
96
|
83
|
68
|
79
|
88
|
99
|
110
|
98
|
(14)
|
(203)
|
(275)
|
(404)
|
(416)
|
(326)
|
(524)
|
(446)
|
(370)
|
(319)
|
(82)
|
(67)
|
(43)
|
1
|
30
|
(30)
|
(162)
|
(165)
|
(165)
|
(75)
|
69
|
76
|
392
|
401
|
346
|
337
|
21
|
19
|
75
|
84
|
93
|
96
|
102
|
67
|
67
|
75
|
78
|
125
|
202
|
212
|
222
|
232
|
167
|
126
|
106
|
89
|
102
|
161
|
211
|
258
|
281
|
303
|
307
|
305
|
305
|
293
|
289
|
297
|
303
|
306
|
311
|
303
|
299
|
302
|
307
|
317
|
328
|
|
| Net Income (Common) |
73
N/A
|
77
+4%
|
79
+4%
|
107
+34%
|
92
-14%
|
94
+3%
|
98
+5%
|
90
-9%
|
148
+65%
|
97
-34%
|
150
+55%
|
137
-9%
|
103
-25%
|
219
+112%
|
148
-33%
|
74
-50%
|
53
-29%
|
(13)
N/A
|
(3)
+74%
|
44
N/A
|
63
+43%
|
55
-13%
|
43
-23%
|
28
-35%
|
39
+38%
|
48
+24%
|
58
+22%
|
70
+20%
|
53
-24%
|
(65)
N/A
|
(254)
-292%
|
(322)
-27%
|
(442)
-37%
|
(444)
0%
|
89
N/A
|
(122)
N/A
|
(44)
+64%
|
30
N/A
|
(359)
N/A
|
173
N/A
|
196
+13%
|
227
+16%
|
277
+22%
|
30
-89%
|
(30)
N/A
|
(162)
-446%
|
(165)
-2%
|
(165)
+0%
|
(74)
+55%
|
71
N/A
|
78
+10%
|
394
+405%
|
402
+2%
|
346
-14%
|
337
-2%
|
21
-94%
|
19
-11%
|
75
+295%
|
84
+12%
|
93
+10%
|
95
+2%
|
100
+6%
|
64
-36%
|
64
0%
|
72
+12%
|
75
+4%
|
122
+63%
|
199
+63%
|
209
+5%
|
219
+5%
|
229
+5%
|
165
-28%
|
124
-25%
|
104
-16%
|
86
-17%
|
100
+16%
|
159
+59%
|
208
+31%
|
255
+23%
|
277
+9%
|
300
+8%
|
304
+2%
|
304
0%
|
305
+0%
|
293
-4%
|
289
-1%
|
297
+3%
|
303
+2%
|
306
+1%
|
311
+2%
|
303
-3%
|
299
-1%
|
302
+1%
|
307
+1%
|
333
+9%
|
345
+3%
|
|
| EPS (Diluted) |
13.57
N/A
|
14.16
+4%
|
14.66
+4%
|
19.72
+35%
|
16.98
-14%
|
17.09
+1%
|
17.87
+5%
|
16.27
-9%
|
26.83
+65%
|
17.92
-33%
|
27.3
+52%
|
24.9
-9%
|
18.41
-26%
|
39.76
+116%
|
26.83
-33%
|
13.5
-50%
|
9.79
-27%
|
-2.26
N/A
|
-0.58
+74%
|
8.07
N/A
|
11.3
+40%
|
9.87
-13%
|
7.37
-25%
|
4.81
-35%
|
6.22
+29%
|
7.7
+24%
|
9.38
+22%
|
11.24
+20%
|
8.53
-24%
|
-10.45
N/A
|
-40.96
-292%
|
-51.95
-27%
|
-71.29
-37%
|
-71.61
0%
|
1.02
N/A
|
-10.79
N/A
|
-2.07
+81%
|
1.4
N/A
|
-16.83
N/A
|
1.93
N/A
|
0.95
-51%
|
1.1
+16%
|
1.34
+22%
|
0.14
-90%
|
-0.14
N/A
|
-0.79
-464%
|
-0.8
-1%
|
-0.8
N/A
|
-0.37
+54%
|
0.34
N/A
|
0.37
+9%
|
1.87
+405%
|
1.89
+1%
|
1.62
-14%
|
1.58
-2%
|
0.1
-94%
|
0.09
-10%
|
0.35
+289%
|
0.39
+11%
|
0.43
+10%
|
0.43
N/A
|
0.46
+7%
|
0.3
-35%
|
0.3
N/A
|
0.34
+13%
|
0.35
+3%
|
0.56
+60%
|
0.92
+64%
|
0.96
+4%
|
1.01
+5%
|
1.06
+5%
|
0.76
-28%
|
0.57
-25%
|
0.47
-18%
|
0.39
-17%
|
0.46
+18%
|
0.73
+59%
|
0.97
+33%
|
1.22
+26%
|
1.31
+7%
|
1.5
+15%
|
1.55
+3%
|
1.61
+4%
|
1.59
-1%
|
1.61
+1%
|
1.61
N/A
|
1.67
+4%
|
1.71
+2%
|
1.82
+6%
|
1.87
+3%
|
1.84
-2%
|
1.81
-2%
|
1.84
+2%
|
1.88
+2%
|
2.08
+11%
|
2.14
+3%
|
|