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v3.25.1

FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Financial Condition (Details) - USD ($) $ in Thousands | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2025 | Dec. 31, 2024 | Mar. 31, 2024
ASSETS |  |  |
Cash and due from banks | $ 1,327,075 | $ 1,158,215 | $ 680,734
Other assets | 277,407 | 276,754 |
Total assets | 19,106,983 | 19,292,921 |
Liabilities: |  |  |
Long-term borrowings | 11,143 | 61,700 |
Accounts payable and other liabilities | 173,969 | 190,687 |
Liabilities | 17,327,641 | 17,623,685 |
Stockholders Equity | 1,779,342 | 1,669,236 | $ 1,479,717
Total liabilities and stockholders' equity | 19,106,983 | 19,292,921 |
Holding Company [Member] |  |  |
ASSETS |  |  |
Cash and due from banks | 26,114 | 13,295 |
Equity securities | 1,425 | 1,275 |
Dividends receivable | 610 | 619 |
Other assets | 702 | 459 |
Total assets | 1,796,008 | 1,735,619 |
Liabilities: |  |  |
Long-term borrowings | 11,143 | 61,700 |
Accounts payable and other liabilities | 5,523 | 4,683 |
Liabilities | 16,666 | 66,383 |
Stockholders Equity | 1,779,342 | 1,669,236 |
Total liabilities and stockholders' equity | 1,796,008 | 1,735,619 |
Holding Company [Member] | Trust Preferred Securities [Member] | Junior Subordinated Debt [Member] |  |  |
Liabilities: |  |  |
Repurchased face amount | 50,600 |  |
Holding Company [Member] | Investment In Banking Subsidiary [Member] |  |  |
ASSETS |  |  |
Investments | 1,739,360 | 1,694,000 |
Holding Company [Member] | Non Banking Subsidiary [Member] |  |  |
ASSETS |  |  |
Investments | 27,464 | 24,121 |
Holding Company [Member] | Statutory Trust One [Member] |  |  |
ASSETS |  |  |
Investments | 333 | 1,289 |
Holding Company [Member] | Statutory Trust One [Member] | Trust Preferred Securities [Member] | Junior Subordinated Debt [Member] |  |  |
Liabilities: |  |  |
Repurchased face amount | 32,000 |  |
Trust preferred securities repurchased | 31,000 |  |
Interest in Trust Preferred Securities | 1,000 |  |
Holding Company [Member] | Statutory Trust Two [Member] |  |  |
ASSETS |  |  |
Investments | 0 | $ 561 |
Holding Company [Member] | Statutory Trust Two [Member] | Trust Preferred Securities [Member] | Junior Subordinated Debt [Member] |  |  |
Liabilities: |  |  |
Repurchased face amount | 18,600 |  |
Trust preferred securities repurchased | 18,000 |  |
Interest in Trust Preferred Securities | $ 600 |  |

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