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Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The source filing: First Bancorp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:41 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000811589-26-000153
Depreciation expense amounted to $1.7 million for the three months ended June 30, 2026 and 2025, and $3.3 million and $3.5 million for the six months ended June 30, 2026 and 2025, respectively. Depreciation expense is recorded in Occupancy and equipment expense on the Consolidated Statements of Income.
Item 1. - Financial Statements (unaudited)
FAQ
- What is First Bancorp's D&A?
- First Bancorp (FBNC) reported D&A of $1.7M in Q2 2026.
- How has First Bancorp's D&A changed year-over-year?
- First Bancorp's D&A decreased by 0.0% year-over-year, from $1.7M to $1.7M.
- What is the long-term trend for First Bancorp's D&A?
- Over 4 years (2021 to 2025), First Bancorp's D&A has grown at a 2.3% compound annual growth rate (CAGR), from $6.19M to $6.78M.
- What does D&A mean?
- Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.
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