First Bancorp FNLC Credit loss expense
Credit loss expense at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept fnlc:CreditLossExpenseReversal.
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 credit loss expense?
- First Bancorp (FNLC) reported credit loss expense of $620K in Q1 2026.
- How has First Bancorp's credit loss expense changed year-over-year?
- First Bancorp's credit loss expense increased by 58.2% year-over-year, from $392K to $620K.
- What is the long-term trend for First Bancorp's credit loss expense?
- Over 4 years (2021 to 2025), First Bancorp's credit loss expense has grown at a 49.0% compound annual growth rate (CAGR), from -$375K to $1.85M.
- What does credit loss expense mean?
- This represents the provision expense recorded to maintain the allowance for loan and lease losses at an appropriate level based on expected credit losses. It reflects management's assessment of credit risk within the loan portfolio and the potential for future defaults.