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FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Income (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income:    
Interest income on money market investments $ 23,528 $ 24,122
Expense:    
Income tax expense 23,240 23,955
Net income 77,059 73,458
Other comprehensive income (loss), net of tax 84,061 (15,065)
Comprehensive income (loss) 161,120 58,393
Holding Company [Member]    
Income:    
Interest income on money market investments 94 63
Dividend income 117,457 80,917
Other income 29 101
Total income 117,580 81,081
Expense:    
Interest expense on long-term borrowings 981 3,350
Other non-interest expenses 478 439
Total expenses 1,459 3,789
Income before income taxes and equity in undistributed earnings of subsidiaries 116,121 77,292
Income tax expense 1 1
Equity in undistributed earnings of subsidiaries (distributions in excess of earnings) (39,061) (3,833)
Net income 77,059 73,458
Other comprehensive income (loss), net of tax 84,061 (15,065)
Comprehensive income (loss) $ 161,120 $ 58,393