Annual Financials for First Bancorp Inc.
Fiscal year is January-December. All values USD millions. |
2022 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Interest Income |
93.04M | 70.54M | 78.65M | 77.12M | 77.08M | |
Interest and Fees on Loans |
- | 53.55M | 59.24M | 59.06M | 62.2M | |
Interest Income on Fed. Funds |
- | - | - | - | - | |
Interest Income on Fed. Repos |
- | - | - | - | - | |
Interest on Bank Deposits |
- | 242,000 | 188,000 | 96,000 | 72,000 | |
Other Interest or Dividend Income |
- | 16.75M | 19.22M | 17.96M | 14.81M | |
Interest Income Growth |
- | -24.18% | 11.49% | -1.95% | -0.05% | |
Total Interest Expense |
16.87M | 20.33M | 26.16M | 17.29M | 10.78M | |
Interest Expense on Bank Deposits |
- | 15.97M | 23.27M | 14.14M | 7.31M | |
Other Interest Expense |
- | 4.36M | 2.89M | 3.15M | - | |
Interest Expense on Debt |
- | 4.36M | 2.89M | 3.15M | 3.46M | |
Interest Capitalized |
- | - | - | - | - | |
Other Borrowed Funds |
- | - | - | - | - | |
Total Interest Expense Growth |
- | 20.54% | 28.64% | -33.92% | -37.65% | |
|
2022 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Net Interest Income |
76.17M | 50.21M | 52.49M | 59.83M | 66.3M | |
Net Interest Income Growth |
- | -34.08% | 4.55% | 13.98% | 10.81% | |
Loan Loss Provision |
1.75M | 1.5M | 1.25M | 6.05M | (375,000) | |
Loan Loss Provision Growth |
- | -14.29% | -16.67% | 384.00% | -106.20% | |
Net Interest Income after Provision |
74.42M | 48.71M | 51.24M | 53.78M | 66.68M | |
Net Interest Inc After Loan Loss Prov Growth |
- | -34.54% | 5.20% | 4.96% | 23.98% | |
Net Interest Margin |
- | - | - | - | - | NA |
Non-Interest Income |
16.87M | 11.12M | 12.47M | 12.09M | 14.53M | |
Securities Gain |
- | 137,000 | 224,000 | 1.16M | 23,000 | |
Trading Account Income |
- | - | - | - | - | |
Trust Income, Commissions & Fees |
- | 10.35M | 11.51M | 15.73M | 17.84M | |
Commission & Fee Income |
- | 7.32M | 8.2M | 12.07M | 13.31M | |
Other Operating Income |
- | 2.12M | 2.45M | (523,000) | 1.53M | |
Non-Interest Expense |
43.9M | 33.86M | 35.59M | 38.05M | 42.74M | |
Labor & Related Expense |
- | 17.64M | 18.4M | 20.39M | 21.15M | |
Equipment Expense |
- | 4.57M | 4.61M | 5.34M | 5.59M | |
Other Operating Expense |
12.48M | 9.47M | 10.23M | 9.64M | 13.37M | |
Operating Income |
47.39M | 25.97M | 28.12M | 27.82M | 38.47M | |
Operating Income Growth |
- | -45.19% | 8.27% | -1.06% | 38.27% | |
Operating Income Margin |
- | - | - | - | 43.11% | NA |
Non-Operating Income (Expense) |
- | - | - | - | - | |
Non-Operating Interest Income |
- | - | - | - | - | |
Miscellaneous Non Operating Expense |
- | - | - | - | - | |
Equity in Affiliates (Pretax) |
- | - | - | - | - | |
Unusual Expense |
- | - | - | 310,000 | - | |
Pretax Income |
47.39M | 27.45M | 29.84M | 31.79M | 43.33M | |
Pretax Income Growth |
- | -42.07% | 8.70% | 6.54% | 36.29% | |
Pretax Margin |
- | - | - | - | 43.11% | NA |
Income Taxes |
8.4M | 3.92M | 4.31M | 4.66M | 7.06M | |
Income Tax - Current - Domestic |
- | 4.41M | 3.98M | 4.92M | 6.06M | |
Income Tax - Current - Foreign |
- | - | - | - | - | |
Income Tax - Deferred - Domestic |
- | (492,000) | 336,000 | (262,000) | 999,000 | |
Income Tax - Deferred - Foreign |
- | - | - | - | - | |
Income Tax Credits |
- | - | - | - | - | |
Equity in Affiliates |
- | - | - | - | - | |
Other After Tax Income (Expense) |
- | - | - | - | - | |
Consolidated Net Income |
38.99M | 23.54M | 25.53M | 27.13M | 36.27M | |
Minority Interest Expense |
- | - | - | - | - | |
Net Income |
38.99M | 23.54M | 25.53M | 27.13M | 36.27M | |
Net Income Growth |
- | -39.64% | 8.45% | 6.28% | 33.69% | |
Net Margin |
- | - | - | - | 35.47% | NA |
Extraordinaries & Discontinued Operations |
- | - | - | - | - | |
Extra Items & Gain/Loss Sale Of Assets |
- | - | - | - | - | |
Cumulative Effect - Accounting Chg |
- | - | - | - | - | |
Discontinued Operations |
- | - | - | - | - | |
Net Income After Extraordinaries |
- | - | - | - | - | |
Preferred Dividends |
- | - | - | - | - | |
Net Income Available to Common |
38.99M | 23.54M | 25.53M | 27.13M | 36.27M | |
EPS (Basic) |
3.56 | 2.18 | 2.36 | 2.50 | 3.33 | |
EPS (Basic) Growth |
- | -38.69% | 8.13% | 5.86% | 33.14% | |
Basic Shares Outstanding |
- | 10.78M | 10.82M | 10.86M | 10.9M | |
EPS (Diluted) |
3.53 | 2.17 | 2.34 | 2.48 | 3.30 | |
EPS (Diluted) Growth |
- | -38.56% | 8.08% | 5.86% | 33.03% | |
Diluted Shares Outstanding |
- | 10.85M | 10.89M | 10.93M | 10.99M | |