v3.26.1
FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Income (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income:    
Interest income on money market investments $ 32,698 $ 23,528
Expense:    
Income tax expense 25,485 23,240
Net income 88,778 77,059
Other comprehensive (loss) income, net of tax (6,168) 84,061
Comprehensive income (loss) 82,610 161,120
Holding Company [Member]    
Income:    
Interest income on money market investments 460 94
Dividend income 83,000 117,457
Other income 0 29
Total income 83,460 117,580
Expense:    
Interest expense on long-term borrowings 0 981
Other non-interest expenses 475 478
Total expenses 475 1,459
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 82,985 116,121
Income tax expense 1,426 1
Equity in undistributed earnings of subsidiaries (distributions in excess of earnings) 7,219 (39,061)
Net income 88,778 77,059
Other comprehensive (loss) income, net of tax (6,168) 84,061
Comprehensive income (loss) $ 82,610 $ 161,120