First BanCorp FBP Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
The official record: First BanCorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First BanCorp's allowance for credit losses?
- First BanCorp (FBP) reported allowance for credit losses of -$4K in Q1 2026.
- How has First BanCorp's allowance for credit losses changed year-over-year?
- First BanCorp's allowance for credit losses decreased by 111.1% year-over-year, from $36K to -$4K.
- What is the long-term trend for First BanCorp's allowance for credit losses?
- Over 2 years (2021 to 2025), First BanCorp's allowance for credit losses has grown at a -32.8% compound annual growth rate (CAGR), from -$410K to $185K.
- What does allowance for credit losses mean?
- The total reserve balance maintained by the institution to absorb estimated credit losses inherent in the loan and lease portfolio. This metric serves as a critical buffer against potential defaults and is adjusted periodically based on economic conditions and portfolio performance.