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First Bancorp FNLC FDIC assessments

FDIC assessments at other companies

First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$940K+10.7%
Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
$238K+5.8%
West Bancorporation logo
West BancorporationWTBA
$473K-19.4%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$909K+16.5%
Midland States Bancorp logo
Midland States BancorpMSBI
$529K-63.8%
First Financial Bancorp logo
First Financial BancorpFFBC
$3.65M+19.2%

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:FederalDepositInsuranceCorporationPremiumExpense.

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 FDIC assessments?
First Bancorp (FNLC) reported FDIC assessments of $570K in Q1 2026.
How has First Bancorp's FDIC assessments changed year-over-year?
First Bancorp's FDIC assessments decreased by 17.9% year-over-year, from $694K to $570K.
What is the long-term trend for First Bancorp's FDIC assessments?
Over 4 years (2021 to 2025), First Bancorp's FDIC assessments has grown at a 34.8% compound annual growth rate (CAGR), from $824K to $2.72M.
What does FDIC assessments mean?
This represents the mandatory insurance premiums paid to the FDIC to insure customer deposits. It is a recurring regulatory cost that scales with the bank's total deposit base and risk profile.