First Bancorp (FBP) — Net Asset Quality Index
First Bancorp (FBP) has a Net Asset Quality Index of 9.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $19.32 Billion minus total liabilities of $17.40 Billion yields net assets of $1.92 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are First Bancorp's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Bancorp Net Asset Quality Index Over Time (1990–2024)
This chart shows how First Bancorp's Net Asset Quality Index has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the index stands at 9.9%, representing net assets of $1.92 Billion against total assets of $19.32 Billion USD. See FBP current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for First Bancorp (1990–2024)
The table below presents the year-by-year Net Asset Quality Index for First Bancorp from 1990 to 2024, covering 35 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. For market capitalisation and the full company profile, see FBP company net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 8.7% | $1.67 Billion | $19.29 Billion | $17.62 Billion | ▲ +0.7 pp |
| 2023 | 7.9% | $1.50 Billion | $18.91 Billion | $17.41 Billion | ▲ +0.8 pp |
| 2022 | 7.1% | $1.33 Billion | $18.63 Billion | $17.31 Billion | ▼ -3.0 pp |
| 2021 | 10.1% | $2.10 Billion | $20.79 Billion | $18.68 Billion | ▼ -2.0 pp |
| 2020 | 12.1% | $2.28 Billion | $18.79 Billion | $16.52 Billion | ▼ -5.6 pp |
| 2019 | 17.7% | $2.23 Billion | $12.61 Billion | $10.38 Billion | ▲ +1.0 pp |
| 2018 | 16.7% | $2.04 Billion | $12.24 Billion | $10.20 Billion | ▲ +1.5 pp |
| 2017 | 15.2% | $1.87 Billion | $12.26 Billion | $10.39 Billion | ▲ +0.3 pp |
| 2016 | 15.0% | $1.79 Billion | $11.92 Billion | $10.14 Billion | ▲ +1.5 pp |
| 2015 | 13.5% | $1.69 Billion | $12.57 Billion | $10.88 Billion | ▲ +0.3 pp |
| 2014 | 13.1% | $1.67 Billion | $12.73 Billion | $11.06 Billion | ▲ +3.5 pp |
| 2013 | 9.6% | $1.22 Billion | $12.66 Billion | $11.44 Billion | ▼ -1.7 pp |
| 2012 | 11.3% | $1.49 Billion | $13.10 Billion | $11.61 Billion | ▲ +0.3 pp |
| 2011 | 11.0% | $1.44 Billion | $13.13 Billion | $11.68 Billion | ▲ +3.7 pp |
| 2010 | 7.3% | $1.15 Billion | $15.69 Billion | $14.54 Billion | ▼ -0.8 pp |
| 2009 | 8.1% | $1.60 Billion | $19.63 Billion | $18.03 Billion | ▲ +0.2 pp |
| 2008 | 7.9% | $1.55 Billion | $19.49 Billion | $17.94 Billion | ▼ -0.3 pp |
| 2007 | 8.3% | $1.42 Billion | $17.19 Billion | $15.77 Billion | ▲ +2.3 pp |
| 2006 | 6.0% | $1.20 Billion | $19.92 Billion | $18.72 Billion | ▲ +0.0 pp |
| 2005 | 6.0% | $1.20 Billion | $19.92 Billion | $18.72 Billion | ▼ -1.8 pp |
| 2004 | 7.8% | $1.22 Billion | $15.62 Billion | $14.40 Billion | ▼ -0.8 pp |
| 2003 | 8.6% | $1.09 Billion | $12.67 Billion | $11.58 Billion | ▲ +0.3 pp |
| 2002 | 8.3% | $798.42 Million | $9.64 Billion | $8.85 Billion | ▲ +0.9 pp |
| 2001 | 7.4% | $602.92 Million | $8.20 Billion | $7.59 Billion | ▲ +0.0 pp |
| 2000 | 7.3% | $434.46 Million | $5.92 Billion | $5.49 Billion | ▲ +1.1 pp |
| 1999 | 6.2% | $294.90 Million | $4.72 Billion | $4.43 Billion | ▼ -0.5 pp |
| 1998 | 6.7% | $270.40 Million | $4.02 Billion | $3.75 Billion | ▼ -0.4 pp |
| 1997 | 7.1% | $236.40 Million | $3.33 Billion | $3.09 Billion | ▲ +0.3 pp |
| 1996 | 6.8% | $191.10 Million | $2.82 Billion | $2.63 Billion | ▼ -0.3 pp |
| 1995 | 7.0% | $171.20 Million | $2.43 Billion | $2.26 Billion | ▲ +1.5 pp |
| 1994 | 5.5% | $120.00 Million | $2.17 Billion | $2.05 Billion | ▲ +0.7 pp |
| 1993 | 4.8% | $92.80 Million | $1.91 Billion | $1.82 Billion | ▲ +0.2 pp |
| 1992 | 4.7% | $88.60 Million | $1.89 Billion | $1.80 Billion | ▲ +0.8 pp |
| 1991 | 3.9% | $74.10 Million | $1.90 Billion | $1.82 Billion | ▲ +0.5 pp |
| 1990 | 3.4% | $64.40 Million | $1.91 Billion | $1.84 Billion | — |