EX-31.1 7 exhibit311.htm EX-31.1
FIRST BANCORP.
NOTES TO CONSOLIDATED
FINANCIAL
STATEMENTS-(Continued)
1
EXHIBIT
31.1
I, Aurelio Alemán, certify that:
1.
I have reviewed this Form 10-K/A of First BanCorp.;
2.
Based on
my knowledge,
this report
does not
contain any
untrue statement
of a
material fact
or omit
to state
a material
fact
necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading
with respect to the period covered by this report;
3.
Based on my
knowledge, the financial
statements, and other
financial information included
in this report,
fairly present in
all
material
respects
the
financial
condition,
results
of
operations
and
cash
flows
of
the
registrant
as
of,
and
for,
the
periods
presented in this report;
4.
The
registrant's
other
certifying
officer
and
I
are
responsible
for
establishing
and
maintaining
disclosure
controls
and
procedures
(as
defined
in
Exchange
Act
Rules
13a-15(e)
and
15d-15(e))
and
internal
control
over
financial
reporting
(as
defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)
Designed such disclosure
controls and procedures,
or caused such disclosure
controls and procedures
to be designed
under
our
supervision,
to
ensure
that
material
information
relating
to
the
registrant,
including
its
consolidated
subsidiaries, is
made known
to us by
others within
those entities, particularly
during the
period in
which this
report
is being prepared;
(b)
Designed such internal control over
financial reporting, or caused such
internal control over financial reporting
to be
designed under
our supervision,
to provide
reasonable assurance
regarding the
reliability of
financial reporting
and
the
preparation
of
financial
statements
for
external
purposes
in
accordance
with
generally
accepted
accounting
principles;
(c)
Evaluated
the
effectiveness
of
the
registrant's
disclosure
controls
and
procedures,
and
presented
in
this
report
our
conclusions about the
effectiveness of the
disclosure controls and
procedures, as of the
end of the period
covered by
this report based on such evaluation; and
(d)
Disclosed in
this report
any change
in the
registrant’s
internal control
over financial
reporting that
occurred during
the registrant’s
most recent
fiscal quarter
(the registrant’s
fourth
fiscal quarter
in the
case of
an annual
report) that
has
materially
affected,
or
is
reasonably
likely
to
materially
affect,
the
registrant’s
internal
control
over
financial
reporting; and
5.
The
registrant's
other
certifying
officer
and
I
have
disclosed,
based
on
our
most
recent
evaluation
of
internal
control
over
financial
reporting,
to
the
registrant's
auditors
and
the
audit
committee
of
the
registrant's
board
of
directors
(or
persons
performing the equivalent functions):
(a)
All
significant
deficiencies
and
material
weaknesses
in
the
design
or
operation
of
internal
control
over
financial
reporting
which
are reasonably
likely
to
adversely
affect
the registrant's
ability
to
record,
process,
summarize
and
report financial information; and
(b)
Any fraud, whether
or not material, that
involves management or other
employees who have a
significant role in the
registrant's internal control over financial reporting.
Date: October 13, 2023
By:
/s/ Aurelio Alemán
Aurelio Alemán
President and Chief Executive Officer