Financial HighlightsFIRST BANCORP. (NYSE - FBP)  
 2017 FQ22017 FQ32017 FQ42018 FQ12018 FQ2
Period Ended6/30/20179/30/201712/31/20173/31/20186/30/2018
Balance Sheet ($000)   
Total Assets11,913,80012,173,64812,261,26812,200,38612,384,862
Total Net Loans8,724,9638,673,9208,651,6138,561,4098,499,071
Total Deposits8,742,8938,765,8919,022,6319,066,4659,218,083
Equity Attributable to Parent Company1,859,9101,853,7511,869,0971,877,1041,901,679
Total Equity1,859,9101,853,7511,869,0971,877,1041,901,679
Profitability (%)   
Net Income ($000) 27,998(10,752)24,16933,14831,032
Net Income Attributable to Parent ($000) 27,998(10,752)24,16933,14831,032
ROAA0.94(0.36)0.801.091.01
Core ROAA0.96(0.39)0.421.131.04
ROAE6.08(2.30)5.217.126.63
ROATCE6.34(2.38)5.427.436.89
Core ROAE6.19(2.47)2.777.436.88
Net Interest Margin4.604.504.414.504.66
Reported: Net Interest Margin4.614.474.354.574.67
Efficiency Ratio56.8258.4757.5654.9653.25
Noninterest Inc / Operating Rev14.0012.3210.9014.9913.56
Balance Sheet Ratios (%)   
Loans / Deposits101.35101.2798.0995.9193.73
Securities / Assets16.4416.0417.0016.4718.01
Total Equity / Total Assets15.6115.2315.2415.3915.35
Tangible Equity / Tangible Assets15.3614.9815.0115.1515.12
Tang Common Equity / Tang Assets15.0614.6914.7114.8514.83
Asset Quality (%)   
NPAs / Assets8.058.468.368.238.19
NPA Excl Restructured / Assets4.835.265.315.225.02
NPAs & 90+ PD / Assets8.578.988.838.688.69
NPAs / Loans & REO10.6011.3611.3511.2211.44
Nonaccrual & 90+ & OREO / Assets5.345.795.785.685.52
NPAs & 90+ PD / Loans & REO11.2812.0711.9911.8412.14
NPA & Loans 90+ / Tangible Common Equity + LLR52.0454.3153.3552.0952.40
NCOs / Avg Loans2.160.801.121.211.07
Loan Loss Reserves / Gross Loans1.952.592.612.572.55
Reserves / NPAs18.0822.4222.6122.5021.88
Loan Loss Provision / NCO37.82425.53103.9377.4383.64
Capital Adequacy  ()  
Tier 1 Common Capital (CET1) ($000) 1,647,9771,642,7771,674,1641,665,8421,711,472
Tier 1 Capital ($000) 1,647,9771,642,7771,675,2821,701,9461,747,576
Tier 2 Capital ($000) 321,510314,505314,591288,200288,344
Total Capital ($000) 1,969,4871,957,2821,989,8731,990,1462,035,920
Total Risk-weighted Assets ($000) 8,854,6218,823,6878,830,3968,658,6398,675,456
Tier 1 Common Capital (CET1) Ratio (%) 18.6118.6218.9619.2419.73
Tier 1 Ratio (%) 18.6118.6218.9719.6620.14
Total Capital Ratio (%) 22.2422.1822.5322.9823.47
Liquidity Coverage Ratio (%) NANANANANA
Leverage Ratio (%) 14.1413.9614.0314.1814.35
Basel III Leverage Ratio (%) NANANANANA
Per Share Information ($)   
Common Shares Outstanding (actual) 215,963,916216,175,003216,278,040216,390,329217,185,449
Avg Diluted Shares (actual) 216,832,000214,187,000216,069,000216,294,000216,666,000
Basic Book Value per Share8.448.418.488.518.59
As-reported Book Value per Share8.448.418.488.518.59
Basic Tangible Book Value per Share8.288.258.328.358.43
Reported: Tangible Book Value8.248.218.288.328.40
Common Dividends Declared per Share00000
EPS after Extra0.13(0.05)0.110.150.14
EPS after Extra Growth (%) 30.00NM036.407.70
Core EPS0.13(0.05)0.060.160.15
Core EPS Growth (%) 27.70NM(44.3)5.0010.00
Diluted EPS before Amortization0.14(0.05)0.120.150.14
Pre-Provision Earnings per Share0.170.150.160.220.22

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