First Bancorp (FBNC) — Defensive Interval Ratio
First Bancorp (FBNC) has a Defensive Interval Ratio of 65 days as of June 2026. Defensive assets of $1.98 Billion (cash $-, short-term investments $1.94 Billion, receivables $38.27 Million) cover 65 days of daily cash needs of $30.57 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Bancorp Defensive Interval Ratio (1991–2025)
This chart shows how First Bancorp's Defensive Interval Ratio has evolved across 35 annual periods from 1991 to 2025. As of June 2026, the ratio stands at 65 days, meaning defensive assets of $1.98 Billion can fund 65 days of operations without new revenue. For the complete balance sheet picture, see First Bancorp balance sheet assets.
Annual Defensive Interval Ratio for First Bancorp (1991–2025)
The table below presents the year-by-year Defensive Interval Ratio for First Bancorp from 1991 to 2025, covering 35 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See FBNC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 81 days | $2.09 Billion | $25.81 Million/day | $- | $2.05 Billion | ▲ +14 days |
| 2024 | 67 days | $1.93 Billion | $28.86 Million/day | $- | $1.90 Billion | ▼ -14 days |
| 2023 | 81 days | $2.23 Billion | $27.50 Million/day | $- | $2.19 Billion | ▼ -12 days |
| 2022 | 93 days | $2.34 Billion | $25.29 Million/day | $- | $2.31 Billion | ▼ -14 days |
| 2021 | 106 days | $2.66 Billion | $25.00 Million/day | $- | $2.63 Billion | ▲ +21 days |
| 2020 | 86 days | $1.47 Billion | $17.19 Million/day | $- | $1.45 Billion | ▼ -1189 days |
| 2019 | 1275 days | $838.59 Million | $657.96K/day | $- | $821.95 Million | ▲ +727 days |
| 2018 | 547 days | $517.36 Million | $945.14K/day | $- | $501.35 Million | ▼ -105070 days |
| 2017 | 105618 days | $357.36 Million | $3.38K/day | $- | $343.27 Million | ▼ -35652 days |
| 2016 | 141270 days | $208.62 Million | $1.48K/day | $- | $199.33 Million | ▲ +32219 days |
| 2015 | 109051 days | $174.78 Million | $1.60K/day | $- | $165.61 Million | ▲ +17027 days |
| 2014 | 92024 days | $172.95 Million | $1.88K/day | $- | $164.03 Million | ▲ +91999 days |
| 2013 | 24 days | $182.69 Million | $7.54 Million/day | $- | $173.04 Million | ▲ +1 days |
| 2012 | 23 days | $177.55 Million | $7.73 Million/day | $- | $167.35 Million | ▼ -3 days |
| 2011 | 26 days | $194.41 Million | $7.60 Million/day | $- | $182.63 Million | ▲ +24 days |
| 2010 | 2 days | $12.72 Million | $7.42 Million/day | $- | $-861.00K | ▲ +1 days |
| 2009 | 1 days | $7.16 Million | $8.22 Million/day | $- | $-7.63 Million | ▼ -1 days |
| 2008 | 2 days | $12.66 Million | $5.87 Million/day | $- | $6.00K | ▼ 0 days |
| 2007 | 3 days | $12.97 Million | $5.16 Million/day | $- | $6.00K | ▼ 0 days |
| 2006 | 3 days | $12.16 Million | $4.78 Million/day | $- | $6.00K | ▼ -16 days |
| 2005 | 19 days | $79.48 Million | $4.20 Million/day | $- | $70.54 Million | ▲ +1 days |
| 2004 | 18 days | $67.75 Million | $3.81 Million/day | $- | $60.91 Million | ▲ +8 days |
| 2003 | 10 days | $32.69 Million | $3.43 Million/day | $- | $26.60 Million | ▼ -8 days |
| 2002 | 18 days | $52.26 Million | $2.90 Million/day | $- | $46.92 Million | ▼ -3 days |
| 2001 | 21 days | $58.68 Million | $2.79 Million/day | $- | $52.80 Million | ▲ +14 days |
| 2000 | 7 days | $15.84 Million | $2.19 Million/day | $- | $9.50 Million | ▲ +5 days |
| 1999 | 2 days | $5.29 Million | $2.13 Million/day | $- | $- | ▲ +0 days |
| 1998 | 2 days | $2.80 Million | $1.23 Million/day | $- | $- | ▼ -1 days |
| 1997 | 3 days | $2.90 Million | $995.89K/day | $- | $- | ▼ 0 days |
| 1996 | 3 days | $2.40 Million | $821.37K/day | $- | $- | ▼ 0 days |
| 1995 | 3 days | $2.40 Million | $793.42K/day | $- | $- | ▼ 0 days |
| 1994 | 3 days | $2.20 Million | $710.96K/day | $- | $- | ▲ +0 days |
| 1993 | 3 days | $1.90 Million | $624.66K/day | $- | $- | ▼ -1 days |
| 1992 | 4 days | $2.10 Million | $592.60K/day | $- | $- | ▼ 0 days |
| 1991 | 4 days | $2.30 Million | $569.86K/day | $- | $- | — |