First Bancorp FNLC Net decrease in demand, savings, and money market accounts
Net decrease in demand, savings, and money market accounts at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept fnlc:IncreaseDecreaseinDemandDepositsSavingsDepositsandMoneyMarketAccounts.
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 net decrease in demand, savings, and money market accounts?
- First Bancorp (FNLC) reported net decrease in demand, savings, and money market accounts of -$58.58M in Q1 2026.
- How has First Bancorp's net decrease in demand, savings, and money market accounts changed year-over-year?
- First Bancorp's net decrease in demand, savings, and money market accounts increased by 14.6% year-over-year, from -$68.62M to -$58.58M.
- What is the long-term trend for First Bancorp's net decrease in demand, savings, and money market accounts?
- Over 3 years (2021 to 2025), First Bancorp's net decrease in demand, savings, and money market accounts has grown at a -37.7% compound annual growth rate (CAGR), from $318.07M to $77.05M.
- What does net decrease in demand, savings, and money market accounts mean?
- This metric represents the net change in core customer deposits, specifically demand, savings, and money market accounts, during the reporting period. It serves as a primary indicator of the bank's ability to attract and retain low-cost, stable funding from its retail and commercial client base. Growth in these accounts typically signals strong customer loyalty and provides a cost-effective source of liquidity for lending activities.