First Bank (FRBA) — Net Asset Quality Index
First Bank (FRBA) has a Net Asset Quality Index of 11.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $4.09 Billion minus total liabilities of $3.63 Billion yields net assets of $453.22 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of First Bank for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Bank Net Asset Quality Index Over Time (2011–2025)
This chart shows how First Bank's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the index stands at 11.1%, representing net assets of $453.22 Million against total assets of $4.09 Billion USD. For live market cap and overall valuation, see FRBA market cap.
Annual Net Asset Quality Index for First Bank (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for First Bank from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check First Bank (FRBA) strategic asset index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 11.2% | $443.50 Million | $3.96 Billion | $3.51 Billion | ▲ +0.4 pp |
| 2024 | 10.8% | $409.16 Million | $3.78 Billion | $3.37 Billion | ▲ +0.5 pp |
| 2023 | 10.3% | $370.90 Million | $3.61 Billion | $3.24 Billion | ▼ -0.3 pp |
| 2022 | 10.6% | $289.56 Million | $2.73 Billion | $2.44 Billion | ▲ +0.0 pp |
| 2021 | 10.6% | $266.67 Million | $2.52 Billion | $2.26 Billion | ▲ +0.4 pp |
| 2020 | 10.1% | $238.11 Million | $2.35 Billion | $2.11 Billion | ▼ -1.1 pp |
| 2019 | 11.3% | $226.39 Million | $2.01 Billion | $1.79 Billion | ▼ -0.1 pp |
| 2018 | 11.4% | $194.84 Million | $1.71 Billion | $1.52 Billion | ▲ +0.1 pp |
| 2017 | 11.2% | $163.25 Million | $1.45 Billion | $1.29 Billion | ▲ +3.0 pp |
| 2016 | 8.3% | $88.81 Million | $1.07 Billion | $984.49 Million | ▲ +0.2 pp |
| 2015 | 8.0% | $68.76 Million | $856.11 Million | $787.34 Million | ▼ -1.5 pp |
| 2014 | 9.6% | $64.76 Million | $677.46 Million | $612.70 Million | ▼ -1.7 pp |
| 2013 | 11.2% | $52.51 Million | $466.79 Million | $414.29 Million | ▲ +2.4 pp |
| 2012 | 8.8% | $31.02 Million | $351.12 Million | $320.10 Million | ▼ -0.2 pp |
| 2011 | 9.1% | $23.98 Million | $264.91 Million | $240.93 Million | — |