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First Bancorp FBNC Loan Discount Accretion

Loan Discount Accretion at other companies

Fulton Financial logo
Fulton FinancialFULT
$10.31M-21.5%
CVB Financial logo
CVB FinancialCVBF
$569K-15.6%
Prosperity Bancshares logo
Prosperity BancsharesPB
$3.75M+13.9%
Cullen/Frost Bankers logo
Cullen/Frost BankersCFR
$9.67M+22.6%
Nelnet logo
NelnetNNI
-$44.13M-127%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
-$48K+5.9%

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 fbnc:LoanDiscountAccretion.

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 loan discount accretion?
First Bancorp (FBNC) reported loan discount accretion of $1.29M in Q1 2026.
How has First Bancorp's loan discount accretion changed year-over-year?
First Bancorp's loan discount accretion decreased by 41.0% year-over-year, from $2.19M to $1.29M.
What is the long-term trend for First Bancorp's loan discount accretion?
Over 4 years (2021 to 2025), First Bancorp's loan discount accretion has grown at a -4.2% compound annual growth rate (CAGR), from $8.81M to $7.44M.
What does loan discount accretion mean?
This represents the non-cash income recognized from the accretion of discounts on acquired loan portfolios, typically resulting from purchase accounting adjustments. It reflects the gradual recognition of the difference between the fair value of loans at acquisition and their contractual principal balance. This metric helps investors understand the impact of acquisition accounting on reported interest income.