FIRST BANCORP FBNC Balance Sheet

First bancorp (FBNC)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
ASSETS
Cash and due from banks, noninterest-bearing
93	64	52	52	80	56	50	97	78	114	82	80	81	71	64	58	52	53	52	75	84	81	84	92	219	83	89	82	73	96	79	58	58	80	75	73	59	56	51	59
Due from banks, interest-bearing
282	166	264	286	366	406	460	462	448	375	326	337	323	234	217	189	148	213	165	102	159	171	251	313	163	136	95	154	242	144	202	203	234	135	167	163	182	154	246	148
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	1	1	0	2	0	0	0	0	0	0	1	0	0	1	14	0	21	5
Total cash and cash equivalents
376	231	317	339	446	462	510	560	526	489	408	417	405	305	281	248	201	267	218	178	244	253	336	407	384	223	185	237	316	241	283	262	293	216	243	238	257	212	319	213
Debt Securities, Available-for-sale
806	821	705	691	639	501	353	334	341	343	198	207	214	199	199	219	247	165	178	214	172	158	153	118	180	173	172	186	170	167	161	171	159	182	159	171	192	181	143	163
Debt Securities, Held-to-maturity
61	67	74	79	90	101	104	108	112	118	123	127	133	129	135	142	148	154	160	165	170	178	53	53	53	53	54	54	55	56	56	56	57	57	57	57	57	54	51	47
SBA Loans held for sale
18	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing Receivable, before Allowance for Credit Loss
4,552	4,453	4,396	4,339	4,303	4,249	4,190	4,149	4,113	4,042	3,429	3,375	3,289	2,710	2,651	2,598	2,439	2,416	2,375	2,298	2,275	2,268	2,292	2,257	2,256	2,252	2,215	2,190	2,132	2,094	2,137	2,114	2,094	2,069	2,058	2,040	2,045	2,454	2,510	2,554
Presold mortgages in process of settlement
14	19	16	6	3	4	6	9	6	12	17	13	11	2	4	4	3	4	3	4	8	6	5	5	4	5	2	4	4	8	4	4	7	6	3	2	2	3	3	3
Net loans
4,528	4,432	4,377	4,318	4,282	4,228	4,170	4,126	4,090	4,019	3,405	3,351	3,265	2,686	2,626	2,572	2,512	2,490	2,451	2,380	2,359	2,355	2,381	2,388	2,399	2,414	2,394	2,380	2,346	2,330	2,391	2,384	2,383	2,388	2,394	2,402	2,443	2,404	2,465	2,512
Loans - covered by FDIC loss share agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	99	102	106	113	119	127	133	176	190	210	226	240	263	282	303	322	342	361	373	401	440	371	413	455
Total loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,598	2,539	2,518	2,481	2,412	2,395	2,396	2,426	2,434	2,447	2,463	2,442	2,430	2,396	2,376	2,441	2,437	2,436	2,430	2,432	2,442	2,486	2,083	2,096	2,099
Allowance for loan losses
24	21	19	20	21	21	20	23	23	23	24	24	23	23	-	-	-	-	-	30	33	38	41	41	44	44	43	44	44	41	45	47	46	35	34	34	35	49	44	42
Allowance for loan losses - covered
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	2	2	3	3	4	4	6	5	4	4	5	6	5	3	5	7	11	0	0
Allowance for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	26	26	28	30	32	35	40	44	45	48	48	47	50	49	46	49	53	52	41	37	40	42	38	-44	-42
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	0	0	0	0	-	-	-	-	-	-
Premises and equipment
113	114	136	136	137	119	116	113	115	116	95	96	97	75	76	76	75	74	74	75	75	75	74	76	76	77	77	77	77	74	74	73	72	69	69	68	67	67	54	54
Operating right-of-use lease assets
19	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest receivable
15	16	16	16	16	16	14	13	13	14	11	10	10	9	8	9	8	9	9	9	8	8	8	8	8	9	9	9	9	10	10	10	10	11	11	12	12	13	13	12
FDIC indemnification asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	6	8	7	11	18	22	25	29	35	48	64	92	100	102	107	116	113	121	120	142	140	123	-93	-118
Goodwill
234	234	234	234	234	234	232	232	231	233	144	139	142	75	75	73	67	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65	65
Other intangible assets
15	17	18	19	20	21	22	23	24	24	15	12	12	4	4	3	1	1	1	1	1	2	2	2	2	2	3	3	3	3	3	3	3	3	4	4	4	4	4	4
Foreclosed properties
3	3	4	5	6	7	6	8	11	12	9	11	12	9	10	10	10	9	10	9	8	9	11	9	11	12	15	15	20	26	38	37	36	37	32	31	26	21	17	14
Foreclosed real estate - covered
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	2	3	9	19	24	29	32	30	47	58	70	79	85	104	102	95	94	-101	-80
Bank-owned life insurance
105	104	103	103	102	101	101	100	99	99	88	87	86	74	73	73	72	72	56	56	55	55	44	44	44	44	43	43	28	27	27	27	2	2	2	2	-	-	-	-
Other assets
63	59	64	60	69	66	73	87	69	64	72	53	48	42	40	27	26	38	34	36	26	24	27	45	27	29	54	44	51	53	40	43	51	40	31	30	34	31	27	28
Total assets
6,376	6,143	6,068	6,012	6,050	5,864	5,711	5,717	5,641	5,547	4,591	4,528	4,441	3,614	3,537	3,466	3,382	3,362	3,272	3,211	3,219	3,218	3,195	3,266	3,314	3,185	3,172	3,247	3,280	3,244	3,322	3,328	3,337	3,290	3,302	3,333	3,402	3,278	3,360	3,318
LIABILITIES
Noninterest bearing checking accounts
1,580	1,515	1,491	1,441	1,390	1,320	1,280	1,252	1,227	1,196	1,016	990	958	756	749	709	679	659	635	614	591	560	540	525	511	482	463	454	429	413	398	381	371	335	334	323	332	292	290	293
Interest bearing checking accounts
922	912	894	931	922	916	870	915	896	884	683	728	694	635	593	636	607	626	609	553	578	583	538	551	550	557	543	546	539	519	482	472	468	423	376	371	349	292	370	356
Money market accounts
1,224	1,173	1,124	1,104	1,079	1,035	1,007	1,021	1,035	984	795	782	814	685	659	639	667	639	584	578	571	551	548	558	557	551	556	564	575	556	539	545	526	513	506	499	516	500	492	494
Savings accounts
431	424	418	413	417	432	432	440	445	454	396	411	415	209	207	197	194	186	187	184	183	180	178	175	177	169	166	166	166	158	159	160	157	146	146	145	161	153	154	157
Time deposits of $100,000 or more
639	649	686	690	726	690	669	647	606	593	517	479	486	422	451	412	391	403	381	398	433	470	503	554	584	564	562	612	649	664	717	725	738	753	751	765	806	762	759	782
Other time deposits
245	255	259	262	261	264	268	276	284	293	241	250	259	238	249	275	286	296	308	323	335	350	369	389	404	426	446	473	497	509	537	553	567	582	613	641	677	650	683	709
Total deposits
5,044	4,931	4,875	4,843	4,797	4,659	4,528	4,553	4,495	4,406	3,651	3,644	3,629	2,947	2,910	2,872	2,826	2,811	2,707	2,653	2,693	2,695	2,679	2,754	2,786	2,751	2,740	2,818	2,857	2,821	2,834	2,838	2,831	2,755	2,729	2,747	2,844	2,652	2,751	2,794
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	60	68	72	54	68	61
Borrowings
402	300	300	301	406	406	406	407	407	407	397	355	290	271	236	206	186	186	176	176	116	116	116	116	136	46	46	46	46	46	111	111	133	133	135	138	108	196	158	76
Accrued interest payable
2	2	2	2	2	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1	2	2	2	2	2
Operating lease liabilities
19	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
45	37	55	50	56	31	31	30	31	38	28	27	32	27	24	25	19	21	16	15	15	17	14	13	14	14	21	21	18	19	32	37	31	37	23	24	24	28	28	33
Total liabilities
5,513	5,291	5,233	5,196	5,262	5,099	4,968	4,992	4,935	4,854	4,078	4,027	3,952	3,246	3,172	3,104	3,033	3,019	2,901	2,846	2,826	2,830	2,810	2,885	2,938	2,813	2,809	2,887	2,923	2,888	2,979	2,988	2,998	2,945	2,950	2,981	3,053	2,934	3,009	2,969
Commitments and contingencies
-	-	-	-	-	-	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0
SHAREHOLDERS’ EQUITY
Preferred stock, no par value per share. Authorized: 5,000,000 shares Issued & outstanding: none, none, and none
0	0	0	0	-	0	0	0	-	-	0	0	0	0	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	70	63	63	63	63	63	65	65	65	65	65
Discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	3	3
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 29,717,223, 29,724,874, and 29,702,912 shares
410	429	429	432	434	434	434	434	433	432	263	262	262	147	139	139	135	133	133	133	132	132	132	132	132	132	132	132	131	131	105	105	105	104	105	105	104	104	99	98
Common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4
Retained earnings
430	417	402	380	360	341	320	301	282	264	251	240	231	225	219	216	210	205	199	194	190	184	179	175	171	167	163	158	154	153	181	179	178	185	186	188	187	183	188	186
Stock in rabbi trust assumed in acquisition
2	2	2	2	3	3	3	3	3	3	3	4	7	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rabbi trust obligation
2	2	2	2	3	3	3	3	3	3	3	4	7	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income (Loss), Net of Tax
21	5	3	1	-7	-11	-11	-11	-9	-4	-2	-2	-4	-5	-1	-1	-3	-3	-0	-1	-0	-0	1	2	2	1	-3	-1	-0	-0	-7	-8	-8	-8	-3	-4	-4	-5	-2	-3
Stockholders' Equity Attributable to Parent
862	852	834	815	788	764	743	724	705	692	512	500	489	368	364	361	349	342	371	365	393	387	384	381	376	371	362	360	357	356	342	340	338	345	351	352	349	344	350	348
Total liabilities and shareholders’ equity
6,376	6,143	6,068	6,012	6,050	5,864	5,711	5,717	5,641	5,547	4,591	4,528	4,441	3,614	3,537	3,466	3,382	3,362	3,272	3,211	3,219	3,218	3,195	3,266	3,314	3,185	3,172	3,247	3,280	3,244	3,322	3,328	3,337	3,290	3,302	3,333	3,402	3,278	3,360	3,318