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Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 30387
Date Established
1949
Assets
$ 19.41 billion
Loans
$ 11.34 billion
Deposits
$ 16.07 billion
Capital
$ 2.34 billion
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 1,517.43 million
Interest-bearing balances
$ 1,403.77 million
Total securities
$ 5.59 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 11.34 billion
Loan loss allowance
$ 354.46 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 79.21 million
Goodwill and other intangibles
$ 109.43 million
All other assets
$ 535.98 million
Total Assets
$ 17.07 billion
LIABILITIES
Total deposits
$ 16.07 billion
Interest-bearing deposits
$ 11.05 billion
Deposits held in domestic offices
$ 15.87 billion
% insured (estimated)
55.65%
Federal funds purchased and repurchase agreements
$ 300.00 million
Trading liabilities
N.A.
Other borrowed funds
$ 457.19 million
Subordinated debt
N.A.
All other liabilities
$ 236.70 millionn
Total Liabilities
$ 17.07 billion
Shareholders’ Equity
$ 2.34 billion
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 194.64 million
Total Interest Expense
$ 17.12 million
Net interest income
$ 177.51 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 25.69 million
Total non interest expense
$ 131.97 million
Pre-tax Net Operating Income
$ 86.48 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 $19 billion in
assets. Customers can open an account at one of its 80 branches.
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