Call reports 2024
FIRSTBANK PUERTO RICO — 2024
What FIRSTBANK PUERTO RICO reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 18,883,893,000 | 18,873,332,000 | 18,852,409,000 | 19,286,191,000 |
| Total loans | 12,323,528,000 | 12,395,900,000 | 12,458,665,000 | 12,761,832,000 |
| Allowance for loan losses | 263,592,000 | 254,532,000 | 246,996,000 | 243,942,000 |
| Securities available for sale | 5,047,179,000 | 4,957,311,000 | 4,894,781,000 | 4,565,302,000 |
| Securities held to maturity | 349,330,000 | 344,435,000 | 323,142,000 | 317,786,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,336,935,000 | 16,322,558,000 | 16,146,621,000 | 16,669,320,000 |
| Interest-bearing deposits | 11,072,641,000 | 11,000,425,000 | 10,951,092,000 | 11,206,849,000 |
| Noninterest-bearing deposits | 5,264,294,000 | 5,322,133,000 | 5,195,529,000 | 5,462,471,000 |
| Equity capital | 1,608,030,000 | 1,617,827,000 | 1,777,250,000 | 1,694,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 268,505,000 | 540,750,000 | 815,422,000 | 1,095,150,000 |
| Interest expense | 68,747,000 | 138,169,000 | 207,646,000 | 276,192,000 |
| Net interest income | 199,758,000 | 402,581,000 | 607,776,000 | 818,958,000 |
| Noninterest income | 31,281,000 | 65,393,000 | 97,157,000 | 129,728,000 |
| Noninterest expense | 122,149,000 | 244,190,000 | 367,887,000 | 493,460,000 |
| Provision for loan losses | 12,917,000 | 24,847,000 | 41,317,000 | 62,861,000 |
| Pretax income | 96,698,000 | 199,980,000 | 298,139,000 | 395,286,000 |
| Income tax | 22,748,000 | 47,448,000 | 69,439,000 | 89,268,000 |
| Net income | 73,950,000 | 152,532,000 | 228,700,000 | 306,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,197,292,000 | 2,199,713,000 | 2,202,892,000 | 2,202,512,000 |
| Total capital | 2,360,407,000 | 2,364,456,000 | 2,367,463,000 | 2,369,441,000 |
| Risk-weighted assets | 13,007,204,000 | 13,148,385,000 | 13,143,202,000 | 13,337,914,000 |