XML 209 R192.htm IDEA: XBRL DOCUMENT v3.25.0.1
FIRST BANCORP. (Holding Company Only) Financial Information - Statement of Cash Flows (Detail) - USD ($)
$ in Thousands, shares in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 298,724 $ 302,864 $ 305,072
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 8,706 7,799 5,407
Gain on early extinguishment of debt 0 (1,605) 0
Net increase in other assets (10,514) (16,619) (2,437)
Net (decrease) increase in other liabilities (176) (41,290) 20,437
Net cash provided by operating activities 404,150 362,963 440,485
Cash flows from investing activities:      
Net cash provided (used) by investing activities 136,232 (78,450) (681,460)
Cash flows from financing activities:      
Repurchase of common stock (102,393) (203,241) (277,769)
Dividends paid on common stock (105,581) (99,666) (87,824)
Net cash used in financing activities (44,131) (101,854) (1,821,578)
Net increase (decrease) in cash and cash equivalents 496,251 182,659 (2,062,553)
Cash and cash equivalents at beginning of year 663,164 480,505 2,543,058
Cash and cash equivalents at end of year 1,159,415 663,164 480,505
Cash and cash equivalents include:      
Money market investments 1,200 1,239 2,025
Parent Company [Member]      
Cash flows from operating activities:      
Net income 298,724 302,864 305,072
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 143 145 148
Equity in undistributed earnings of subsidiaries 8,603 15,705 53,941
Gain on early extinguishment of debt 0 (1,605) 0
Net increase in other assets (2) (146) (688)
Net (decrease) increase in other liabilities (201) (1,998) (1,902)
Net cash provided by operating activities 307,267 314,965 356,571
Cash flows from investing activities:      
Purchase of equity securities (450) (90) (450)
Return of capital from wholly-owned subsidiaries 0 0 8,000
Net cash provided (used) by investing activities (450) (90) 7,550
Cash flows from financing activities:      
Repurchase of common stock (102,393) (203,241) (277,769)
Repayment of junior subordinated debentures (97,000) (19,795) 0
Dividends paid on common stock (105,581) (99,666) (87,824)
Net cash used in financing activities (304,974) (322,702) (365,593)
Net increase (decrease) in cash and cash equivalents 1,843 (7,827) (1,472)
Cash and cash equivalents at beginning of year 11,452 19,279 20,751
Cash and cash equivalents at end of year 13,295 11,452 19,279
Cash and cash equivalents include:      
Cash and due from banks 13,295 11,452 19,279
Money market investments $ 0 $ 0 $ 0
Number of redeemed preferred stock     0.3