FIRST BANCORP. (Holding Company Only) Financial Information (Tables) |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| FIRST BANCORP. (Holding Company Only) Financial Information [Abstract] | |
| Statements of Financial Condition [Table Text Block] | The following condensed as of March 31, 2026 and December 31, 2025, and the results of its operations for the quarters Statements of Financial Condition As of March 31, As of December 31, 2026 2025 (In thousands) Assets Cash and due from banks (includes $ 39,108 and $ 37,654 $ 39,855 $ 38,401 Equity securities 1,950 1,950 Investment in FirstBank, at equity 1,898,589 1,898,022 Investment in FirstBank Insurance Agency, at equity 22,998 18,630 Dividends receivable 558 560 Deferred tax asset (1) 11,820 13,246 Other assets 770 917 Total assets $ 1,976,540 $ 1,971,726 Liabilities and Stockholders’ Equity Accounts payable and other liabilities 9,301 4,861 Stockholders’ equity 1,967,239 1,966,865 Total liabilities and stockholders’ equity $ 1,976,540 $ 1,971,726 (1) Consists of deferred tax assets associated with NOL carryforwards, |
| Statements of Income [Table Text Block] | Statements of Income Quarter Ended March 31, 2026 2025 (In thousands) Income $ 460 $ 94 83,000 117,457 - 29 83,460 117,580 Expense - 981 475 478 475 1,459 Income before income taxes and equity in undistributed 82,985 116,121 Income tax expense 1,426 1 Equity in undistributed earnings of subsidiaries (distribution in excess of 7,219 (39,061) Net income $ 88,778 $ 77,059 Other comprehensive (loss) income, net of tax (6,168) 84,061 Comprehensive income $ 82,610 $ 161,120 |