First Bancorp FNLC Gains (Losses) on Sales of Other Real Estate
Gains (Losses) on Sales of Other Real Estate at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:GainsLossesOnSalesOfOtherRealEstate.
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 gains (losses) on sales of other real estate?
- First Bancorp (FNLC) reported gains (losses) on sales of other real estate of $0 in Q1 2026.
- How has First Bancorp's gains (losses) on sales of other real estate changed year-over-year?
- First Bancorp's gains (losses) on sales of other real estate decreased by 100.0% year-over-year, from $33K to $0.
- What is the long-term trend for First Bancorp's gains (losses) on sales of other real estate?
- Over 2 years (2022 to 2024), First Bancorp's gains (losses) on sales of other real estate has grown at a -100.0% compound annual growth rate (CAGR), from -$1K to $0.
- What does gains (losses) on sales of other real estate mean?
- This represents the net gain or loss recognized upon the disposition of other real estate owned (OREO), which typically consists of properties acquired through foreclosure or in satisfaction of debts. It serves as an indicator of the bank's success in liquidating non-performing assets and recovering value from distressed collateral.