First Bancorp (FBNC) — Defensive Interval Ratio
First Bancorp (FBNC) has a Defensive Interval Ratio of 81 days as of December 2025. Defensive assets of $2.09 Billion (cash $-, short-term investments $2.05 Billion, receivables $39.21 Million) cover 81 days of daily cash needs of $25.81 Million/day. Check FBNC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 December 2025, the ratio stands at 81 days, meaning defensive assets of $2.09 Billion can fund 81 days of operations without new revenue. Also explore net asset momentum of First Bancorp to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see First Bancorp (FBNC) total market value.
| 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 | $- | $- | — |