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First Bancorp FNLC Allowance for credit losses

Allowance for credit losses at other companies

Camden National logo
Camden NationalCAC
$45.58M-2.5%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$86.81M+23.9%
Home Bancorp logo
Home BancorpHBCP
$33.68M+1.2%
Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
$26.01M+14.0%
Midland States Bancorp logo
Midland States BancorpMSBI
$67.88M-35.5%
First Financial Bancorp logo
First Financial BancorpFFBC
$183.72M+18.2%

Other financials

Income statement

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Revenue$25.1M+15.3%
Net income$9.0M+27.1%
EPS (diluted)$0.80+27.0%

Balance sheet

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Cash & equivalents$23.6M-10.7%
Total debt$195.8M+5.6%
Total equity$286.8M+10.4%
Total assets$3.2B+0.4%

Cash flow

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Operating cash flow$22.8M+945%
CapEx$526.0K-61.1%
Free cash flow$22.2M+2,587%

Valuation

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Market cap$383.94M+43.8%
Enterprise value$556.13M+30.6%
P/E10.6×+1.1×
P/S3.9×+0.7×

Profitability

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Net margin37%+3.4pp
FCF margin57.1%+24.5pp

Returns & leverage

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Return on equity13.3%+2.1pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

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 (FNLC) reported allowance for credit losses of $25.21M in Q1 2026.
How has First Bancorp's allowance for credit losses changed year-over-year?
First Bancorp's allowance for credit losses increased by 0.4% year-over-year, from $25.11M to $25.21M.
What is the long-term trend for First Bancorp's allowance for credit losses?
Over 5 years (2020 to 2025), First Bancorp's allowance for credit losses has grown at a 9.3% compound annual growth rate (CAGR), from $16.25M to $25.37M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.