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First Bancorp FBNC Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

Bank of America logo
Bank of AmericaBAC
$200M+135%
First Financial Bancorp logo
First Financial BancorpFFBC
$1.15M+257%
Simmons First National logo
Simmons First NationalSFNC
-$1.33M+68.5%
First Financial Bankshares logo
First Financial BanksharesFFIN
-$7.86M+17.3%
First BanCorp logo
First BanCorpFBP
$4.16M+487%
Customers Bancorp logo
Customers BancorpCUBI
$991K+36.7%

Other financials

Income statement

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Revenue$122.3M+15.6%
Net income$46.7M+28.2%
EPS (diluted)$1.13+28.4%

Balance sheet

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Cash & equivalents$598.0M-22.6%
Total debt$89.2M-16.1%
Total equity$1.7B+11.6%
Total assets$12.9B+4.1%

Cash flow

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Operating cash flow$61.2M+16.4%
CapEx$1.9M+673%
Free cash flow$59.3M+13.3%

Valuation

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Market cap$2.57B+40.7%
Enterprise value$2.06B+83.8%
P/E21.2×+0.3×
P/S6.3×+1.3×

Profitability

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Net margin29.8%+5.8pp
FCF margin50.6%-17.1pp

Returns & leverage

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Return on equity7.6%+1.5pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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 accretion (amortization) of discounts and premiums, investments?
First Bancorp (FBNC) reported accretion (amortization) of discounts and premiums, investments of -$587K in Q1 2026.
How has First Bancorp's accretion (amortization) of discounts and premiums, investments changed year-over-year?
First Bancorp's accretion (amortization) of discounts and premiums, investments increased by 59.0% year-over-year, from -$1.43M to -$587K.
What is the long-term trend for First Bancorp's accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), First Bancorp's accretion (amortization) of discounts and premiums, investments has grown at a -22.2% compound annual growth rate (CAGR), from -$14.06M to -$5.14M.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the non-cash adjustment to interest income resulting from the amortization of premiums or accretion of discounts on investment securities. It reflects the systematic allocation of the difference between the purchase price and the par value of debt securities over their remaining life. This adjustment is essential for reconciling net income to cash flow from operations.