XML 205 R190.htm IDEA: XBRL DOCUMENT
v3.22.4

SEGMENT INFORMATION - Information about Reportable Segments (Detail) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Segment Reporting Information [Line Items] |  |  |
Interest income | $ 862,614 | $ 794,708 | $ 692,982
Interest expense | (67,321) | (64,779) | (92,660)
Net interest income | 795,293 | 729,929 | 600,322
Provision for credit losses - (benefit) expense | (25,679) | 61,720 | (168,717)
Non-interest income | 123,092 | 121,164 | 111,226
Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 862,614 | 794,708 | 692,982
Net (charge) credit for transfer of funds | 0 | 0 | 0
Interest expense | (67,321) | (64,779) | (92,660)
Net interest income | 795,293 | 729,929 | 600,322
Provision for credit losses - (benefit) expense | 27,696 | (65,698) | 170,985
Non-interest income | 123,092 | 121,164 | 111,226
Direct non-interest expenses | 287,821 | 296,780 | 258,864
Segment income | 602,868 | 620,011 | 281,699
Average earnings assets | 18,516,894 | 19,235,941 | 14,201,505
Mortgage Banking Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 98,920 | 104,638 | 76,025
Non-interest income | 15,950 | 24,278 | 22,069
Mortgage Banking Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 130,185 | 144,203 | 128,043
Net (charge) credit for transfer of funds | (31,265) | (39,565) | (52,018)
Interest expense | 0 | 0 | 0
Net interest income | 98,920 | 104,638 | 76,025
Provision for credit losses - (benefit) expense | (7,643) | (16,030) | 22,518
Non-interest income | 15,950 | 24,278 | 22,069
Direct non-interest expenses | 23,049 | 29,125 | 33,054
Segment income | 99,464 | 115,821 | 42,522
Average earnings assets | 2,233,245 | 2,506,365 | 2,241,753
Consumer Retail Banking Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 442,624 | 281,703 | 220,678
Non-interest income | 78,457 | 69,774 | 50,962
Consumer Retail Banking Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 302,631 | 271,127 | 240,725
Net (charge) credit for transfer of funds | 173,917 | 38,859 | 18,771
Interest expense | (33,924) | (28,283) | (38,818)
Net interest income | 442,624 | 281,703 | 220,678
Provision for credit losses - (benefit) expense | 57,123 | 20,322 | 54,094
Non-interest income | 78,457 | 69,774 | 50,962
Direct non-interest expenses | 162,663 | 165,357 | 131,133
Segment income | 301,295 | 165,798 | 86,413
Average earnings assets | 2,918,800 | 2,551,278 | 2,202,595
Commercial And Corporate Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 109,822 | 191,917 | 135,591
Non-interest income | 18,189 | 16,032 | 12,606
Commercial And Corporate Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 205,888 | 201,684 | 155,254
Net (charge) credit for transfer of funds | (96,066) | (9,767) | (19,663)
Interest expense | 0 | 0 | 0
Net interest income | 109,822 | 191,917 | 135,591
Provision for credit losses - (benefit) expense | (20,241) | (67,544) | 74,607
Non-interest income | 18,189 | 16,032 | 12,606
Direct non-interest expenses | 37,131 | 36,219 | 28,631
Segment income | 111,121 | 239,274 | 44,959
Average earnings assets | 3,626,107 | 3,793,945 | 3,039,786
Treasury And Investments Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 39,600 | 59,331 | 87,879
Non-interest income | (74) | 227 | 13,708
Treasury And Investments Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 104,215 | 67,841 | 55,003
Net (charge) credit for transfer of funds | (43,838) | 14,687 | 59,074
Interest expense | (20,777) | (23,197) | (26,198)
Net interest income | 39,600 | 59,331 | 87,879
Provision for credit losses - (benefit) expense | (434) | (136) | 2,774
Non-interest income | (74) | 227 | 13,708
Direct non-interest expenses | 3,702 | 4,093 | 3,449
Segment income | 36,258 | 55,601 | 95,364
Average earnings assets | 7,300,208 | 7,827,326 | 4,232,144
United States Operations Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 80,485 | 65,967 | 54,025
Non-interest income | 2,860 | 3,963 | 4,630
United States Operations Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 94,782 | 82,194 | 84,169
Net (charge) credit for transfer of funds | (2,748) | (4,214) | (6,164)
Interest expense | (11,549) | (12,013) | (23,980)
Net interest income | 80,485 | 65,967 | 54,025
Provision for credit losses - (benefit) expense | (3,073) | (975) | 12,592
Non-interest income | 2,860 | 3,963 | 4,630
Direct non-interest expenses | 33,365 | 33,902 | 33,782
Segment income | 53,053 | 37,003 | 12,281
Average earnings assets | 2,069,030 | 2,126,528 | 2,026,619
Virgin Islands Operations Segment [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Net interest income | 23,842 | 26,373 | 26,124
Non-interest income | 7,710 | 6,890 | 7,251
Virgin Islands Operations Segment [Member] | Operating Segments [Member] |  |  |
Segment Reporting Information [Line Items] |  |  |
Interest income | 24,913 | 27,659 | 29,788
Net (charge) credit for transfer of funds | 0 | 0 | 0
Interest expense | (1,071) | (1,286) | (3,664)
Net interest income | 23,842 | 26,373 | 26,124
Provision for credit losses - (benefit) expense | 1,964 | (1,335) | 4,400
Non-interest income | 7,710 | 6,890 | 7,251
Direct non-interest expenses | 27,911 | 28,084 | 28,815
Segment income | 1,677 | 6,514 | 160
Average earnings assets | $ 369,504 | $ 430,499 | $ 458,608

X
- Definition Amount of non-interest expenses including almost all operating and overhead expenses charged to each reportable segment. + References No definition available. + Details
Name: | fbp_DirectNonInterestExpenses
Namespace Prefix: | fbp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount charged or credited by reportable segments based on market interest rates. + References No definition available. + Details
Name: | fbp_NetChargeCreditForTransferOfFunds
Namespace Prefix: | fbp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of average earning assets attributed to the reportable segment. + References No definition available. + Details
Name: | fbp_SegmentReportingInformationAverageEarningAssets
Namespace Prefix: | fbp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.1-5) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestAndDividendIncomeOperating
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (210.5-03(11)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net amount of operating interest income (expense). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.10) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestIncomeExpenseNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_NoninterestIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of expense related to estimated loss from loan and lease transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_ProvisionForLoanAndLeaseLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_MortgageBankingSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_ConsumerRetailBankingSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_CommercialAndCorporateSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_TreasuryAndInvestmentsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_UnitedStatesOperationsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=fbp_VirginIslandsOperationsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |