First Bancorp FNLC Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.
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 provision for credit losses?
- First Bancorp (FNLC) reported provision for credit losses of -$29K in Q1 2026.
- How has First Bancorp's provision for credit losses changed year-over-year?
- First Bancorp's provision for credit losses decreased by 480.0% year-over-year, from -$5K to -$29K.
- 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.