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First Bancorp FNLC Gain (Loss) on Sales of Loans, Net

Gain (Loss) on Sales of Loans, Net at other companies

First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.17M+13.2%
Home Bancorp logo
Home BancorpHBCP
$229K+101%
First Internet Bancorp logo
First Internet BancorpINBK
$4.69M+180%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$592K-38.5%
First Financial Bancorp logo
First Financial BancorpFFBC
$6.66M-0.4%
CTB
Community Trust BancorpCTBI
$61K-20.8%

Other financials

Income statement

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Revenue$25.8M+14.6%
Net income$9.6M+18.6%
EPS (diluted)$0.85+18.1%

Balance sheet

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Cash & equivalents$29.8M+8.8%
Total debt$214.1M+9.1%
Total equity$293.0M+10.3%
Total assets$3.2B+0.5%

Cash flow

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Operating cash flow$22.8M+945%
CapEx$189.0K+40.0%
Free cash flow$22.2M+2,587%

Valuation

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Market cap$392.63M+38.9%
Enterprise value$576.94M+27.8%
P/E10.4×+1.0×
P/S3.9×+0.6×

Profitability

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Net margin37.3%+2.8pp
FCF margin57.1%+24.5pp

Returns & leverage

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Return on equity13.5%+1.8pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSalesOfLoansNet.

The source filing: First Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 10:18 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000765207-26-000106
Line itemFor the six months ended June 30, 2026For the six months ended June 30, 2025
Credit loss expense1,555,000878,000
Loans originated for resale(3,004,000)(5,198,000)
Proceeds from sales and transfers of loans2,883,0005,312,000
Net gain on sales of loans(69,000)(114,000)
Net gain on sale or call of securities(12,000)
Net amortization of premiums on investments240,000281,000
Net gain on sale of other real estate owned(33,000)
Equity compensation expense612,000510,000

Item 1 – Financial Statements

FAQ

What is First Bancorp's gain (loss) on sales of loans, net?
First Bancorp (FNLC) reported gain (loss) on sales of loans, net of $12K in Q2 2026.
How has First Bancorp's gain (loss) on sales of loans, net changed year-over-year?
First Bancorp's gain (loss) on sales of loans, net decreased by 78.6% year-over-year, from $56K to $12K.
What is the long-term trend for First Bancorp's gain (loss) on sales of loans, net?
Over 4 years (2021 to 2025), First Bancorp's gain (loss) on sales of loans, net has grown at a -49.9% compound annual growth rate (CAGR), from $3.08M to $194K.
What does gain (loss) on sales of loans, net mean?
This represents the net profit or loss realized from the sale of loans held for sale, calculated as the difference between the proceeds received and the carrying value of the loans. It provides insight into the profitability of the bank's mortgage banking or loan brokerage operations.

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