First Bancorp FNLC Provision for Credit Losses

Provision for Credit Losses at other companies

Camden NationalCAC

$710K-89.7%

First Mid Bancshares, Inc.FMBH

$2.52M+11.3%

Home BancorpHBCP

$762K+179%

West BancorporationWTBA

$0—

First Internet BancorpINBK

-$76K-417%

First Business Financial ServicesFBIZ

$2.33M-38.8%

FAQ

What is First Bancorp's provision for credit losses?

First Bancorp (FNLC) reported provision for credit losses of $17K in Q2 2026.

How has First Bancorp's provision for credit losses changed year-over-year?

First Bancorp's provision for credit losses decreased by 87.6% year-over-year, from $137K to $17K.

What is the long-term trend for First Bancorp's provision for credit losses?

Over 4 years (2021 to 2025), First Bancorp's provision for credit losses has grown at a -20.6% compound annual growth rate (CAGR), from -$375K to -$149K.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.