XML 63 R53.htm IDEA: XBRL DOCUMENT
v3.23.2

FIRST BANCORP. (Holding Company Only) Financial Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Statements of Financial Condition [Table Text Block] | Statements of Financial Condition As of June 30, As of December 31, 2023 2022 (In thousands) Assets Cash and due from banks $ 54,625 $ 19,279 Other investment securities 735 735 Investment in First Bank Puerto Rico, at equity 1,484,887 1,464,026 Investment in First Bank Insurance Agency, at equity 22,024 28,770 Investment in FBP Statutory Trust I 1,289 1,951 Investment in FBP Statutory Trust II 3,561 3,561 Dividends receivable 700 624 Other assets 542 430 Total assets $ 1,568,363 $ 1,519,376 Liabilities and Stockholders’ Equity Liabilities: Long-term borrowings $ 161,700 $ 183,762 Accounts payable and other liabilities 8,664 10,074 Total liabilities 170,364 193,836 Stockholders’ equity 1,397,999 1,325,540 Total liabilities and stockholders’ equity $ 1,568,363 $ 1,519,376
Statements of Income [Table Text Block] | Statements of Income Quarter Ended Six-Month Period Ended June 30, June 30, 2023 2022 2023 2022 (In thousands) Income Interest income on money market investments $ 57 $ 10 $ 110 $ 14 Dividend income from banking subsidiaries 78,932 178,679 157,802 242,272 Dividend income from nonbanking subsidiaries 12,000 - 12,000 - Gain on early extinguishment of debt 1,605 - 1,605 - Other income 101 51 203 91 Total income 92,695 178,740 171,720 242,377 Expense Other long-term borrowings 3,409 1,698 6,790 3,031 Other non-interest expenses 462 434 872 873 Total expense 3,871 2,132 7,662 3,904 Income before income taxes and equity in undistributed earnings of subsidiaries 88,824 176,608 164,058 238,473 Income tax expense 783 793 1,861 1,899 Distribution in excess of earnings of subsidiaries (17,386) (101,120) (20,844) (79,279) Net income $ 70,655 $ 74,695 $ 141,353 $ 157,295 Other comprehensive (loss) income, net of tax (54,837) (175,923) 32,391 (507,757) Comprehensive income (loss) $ 15,818 $ (101,228) $ 173,744 $ (350,462)

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration