XML 143 R132.htm IDEA: XBRL DOCUMENT v3.24.2.u1
FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Income (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income:        
Interest income on money market investments $ 23,258 $ 26,258 $ 47,380 $ 53,368
Gain on early extinguishment of debt 0 1,605 0 1,605
Expense:        
Income tax expense 25,541 30,284 49,496 62,219
Net income 75,838 70,655 149,296 141,353
Other comprehensive income (loss), net of tax 10,560 (54,837) (4,505) 32,391
Comprehensive income (loss) 86,398 15,818 144,791 173,744
Holding Company [Member]        
Income:        
Interest income on money market investments 87 57 150 110
Gain on early extinguishment of debt 0 1,605 0 1,605
Other income 100 101 201 203
Total income 81,419 92,695 162,500 171,720
Expense:        
Interest expense on long-term borrowings 3,336 3,409 6,686 6,790
Other non-interest expenses 463 462 902 872
Total expenses 3,799 3,871 7,588 7,662
Income before income taxes and equity in undistributed earnings of subsidiaries 77,620 88,824 154,912 164,058
Income tax expense 0 0 1 1
Equity in undistributed earnings of subsidiaries (distributions in excess of earnings) (1,782) (18,169) (5,615) (22,704)
Net income 75,838 70,655 149,296 141,353
Other comprehensive income (loss), net of tax 10,560 (54,837) (4,505) 32,391
Comprehensive income (loss) 86,398 15,818 144,791 173,744
Holding Company [Member] | Investment In Banking Subsidiary [Member]        
Income:        
Dividend income 81,232 78,932 162,149 157,802
Holding Company [Member] | Non Banking Subsidiary [Member]        
Income:        
Dividend income $ 0 $ 12,000 $ 0 $ 12,000