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Overview 2022
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 30387
Date Established
1949
Assets
$ 20.78 billion
Loans
$ 10.83 billion
Deposits
$ 17.82 billion
Capital
$ 2.25 billion
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 2.54 billion
Interest-bearing balances
$ 2.46 billion
Total securities
$ 6.63 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 10.83 billion
Loan loss allowance
$ 269.03 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 40.85 million
Goodwill and other intangibles
$ 99.37 million
All other assets
$ 423.34 million
Total Assets
$ 18.53 billion
LIABILITIES
Total deposits
$ 17.82 billion
Interest-bearing deposits
$ 10.80 billion
Deposits held in domestic offices
$ 17.62 billion
% insured (estimated)
50.54%
Federal funds purchased and repurchase agreements
$ 300.00 million
Trading liabilities
N.A.
Other borrowed funds
$ 207.22 million
Subordinated debt
N.A.
All other liabilities
$ 202.30 millionn
Total Liabilities
$ 18.53 billion
Shareholders’ Equity
$ 2.25 billion
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 794.70 million
Total Interest Expense
$ 59.74 million
Net interest income
$ 734.96 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 119.18 million
Total non interest expense
$ 493.45 million
Pre-tax Net Operating Income
$ 426.40 million
FirstBank Puerto Rico is an FDIC insured institution headquartered at
1519 Ave Ponce De Leon, Santurce, PR 909.
It was founded in
1949 and has approximately $21 billion in
assets. Customers can open an account at one of its 80 branches.
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