FIRST BANCORP PR
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income (Loss)
(LOSS)
$
298,724
$
302,864
$
305,072
Other comprehensive income (loss), net of tax:
Available-for-sale debt securities:
Net unrealized holding gains (losses) on debt securities
(1)
73,214
165,420
(718,582)
Defined benefit plans adjustments:
Net actuarial (loss) gain
(635)
(2,199)
Reclassification adjustment for amortization of net actuarial loss
Other comprehensive income (loss) for the year, net of tax
72,614
165,608
Total comprehensive income (loss)
$
371,338
$
468,472
$
(415,707)
Income tax effect of items included in other comprehensive income (loss):
Defined benefit plans adjustments:
Net actuarial (loss) gain
$
$
(107)
$
1,319
Reclassification adjustment for amortization of net actuarial loss
(21)
(6)
(1)
Total income tax effect of items included in other comprehensive income (loss)
$
$
(113)
$
1,318
(1) Net unrealized holding gains (losses)
on available-for-sale debt securities have no tax
effect because securities are either tax-exempt,
held by an International Banking Entity
("IBE"), or have a full deferred tax asset
valuation allowance.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.