First Bancorp FBNC Proceeds From Sale Of Other Real Estate
Proceeds From Sale Of Other Real Estate at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfOtherRealEstate.
The official record: First Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Bancorp's proceeds from sale of other real estate?
- First Bancorp (FBNC) reported proceeds from sale of other real estate of $524K in Q1 2026.
- How has First Bancorp's proceeds from sale of other real estate changed year-over-year?
- First Bancorp's proceeds from sale of other real estate decreased by 26.1% year-over-year, from $709K to $524K.
- What is the long-term trend for First Bancorp's proceeds from sale of other real estate?
- Over 3 years (2021 to 2025), First Bancorp's proceeds from sale of other real estate has grown at a 8.1% compound annual growth rate (CAGR), from $4M to $5.05M.
- What does proceeds from sale of other real estate mean?
- Represents the cash inflows generated from the disposition of foreclosed properties or other real estate assets acquired through loan defaults. This metric provides insight into the bank's success in liquidating non-performing assets and recovering value from distressed collateral. It is a key indicator of asset quality management and the resolution of troubled loans.