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First Bancorp FBNC Amortization of capitalized software and acquired intangible assets
Amortization of capitalized software and acquired intangible assets at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
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
| ($ in thousands, except per share data - unaudited) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Employee benefit expense | 6,958 | 6,187 | 13,474 | 12,282 |
| Total personnel expense | 38,487 | 35,192 | 74,981 | 69,948 |
| Occupancy and equipment expense | 4,961 | 5,195 | 10,316 | 10,387 |
| Intangibles amortization expense | 1,199 | 1,468 | 2,446 | 2,984 |
| Other operating expenses | 18,114 | 17,069 | 35,236 | 33,516 |
| Total noninterest expenses | 62,761 | 58,924 | 122,979 | 116,835 |
| Income before income taxes | 63,370 | 49,822 | 122,363 | 96,598 |
| Income tax expense | 12,851 | 11,256 | 25,185 | 21,626 |
Item 1. - Financial Statements (unaudited)
FAQ
- What is First Bancorp's amortization of capitalized software and acquired intangible assets?
- First Bancorp (FBNC) reported amortization of capitalized software and acquired intangible assets of $1.2M in Q2 2026.
- How has First Bancorp's amortization of capitalized software and acquired intangible assets changed year-over-year?
- First Bancorp's amortization of capitalized software and acquired intangible assets decreased by 18.3% year-over-year, from $1.47M to $1.2M.
- What is the long-term trend for First Bancorp's amortization of capitalized software and acquired intangible assets?
- Over 4 years (2021 to 2025), First Bancorp's amortization of capitalized software and acquired intangible assets has grown at a 12.6% compound annual growth rate (CAGR), from $3.53M to $5.67M.
- What does amortization of capitalized software and acquired intangible assets mean?
- Amortization of capitalized software and acquired intangible assets
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