Corporations and its banking subsidiarys regulatory capital positions [Table Text Block] |
The regulatory capital positions of the Corporation and FirstBank as of March 31, 2022 and December 31, 2021, which reflect the delay in the effect of CECL on regulatory capital, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | Regulatory Requirements | | | Actual | | For Capital Adequacy Purposes | | To be Well-Capitalized Thresholds | | | | | | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | As of March 31, 2022 | | | | | | | | | | | | | | | Total Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,428,930 | | 20.44% | | $ | 950,603 | | 8.0% | | | N/A | | N/A | FirstBank | $ | 2,395,864 | | 20.17% | | $ | 950,418 | | 8.0% | | $ | 1,188,022 | | 10.0% | CET1 Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,103,970 | | 17.71% | | $ | 534,714 | | 4.5% | | | N/A | | N/A | FirstBank | $ | 2,149,154 | | 18.09% | | $ | 534,610 | | 4.5% | | $ | 772,214 | | 6.5% | Tier I Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,103,970 | | 17.71% | | $ | 712,952 | | 6.0% | | | N/A | | N/A | FirstBank | $ | 2,249,154 | | 18.93% | | $ | 712,813 | | 6.0% | | $ | 950,418 | | 8.0% | Leverage ratio | | | | | | | | | | | | | | | First BanCorp. | $ | 2,103,970 | | 10.35% | | $ | 813,172 | | 4.0% | | | N/A | | N/A | FirstBank | $ | 2,249,154 | | 11.07% | | $ | 812,893 | | 4.0% | | $ | 1,016,117 | | 5.0% | | | | | | | | | | | | | | | | | As of December 31, 2021 | | | | | | | | | | | | | | | Total Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,433,953 | | 20.50% | | $ | 949,637 | | 8.0% | | | N/A | | N/A | FirstBank | $ | 2,401,390 | | 20.23% | | $ | 949,556 | | 8.0% | | $ | 1,186,944 | | 10.0% | CET1 Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,112,630 | | 17.80% | | $ | 534,171 | | 4.5% | | | N/A | | N/A | FirstBank | $ | 2,150,317 | | 18.12% | | $ | 534,125 | | 4.5% | | $ | 771,514 | | 6.5% | Tier I Capital (to Risk-Weighted Assets) | | | | | | | | | | | | | | | First BanCorp. | $ | 2,112,630 | | 17.80% | | $ | 712,228 | | 6.0% | | | N/A | | N/A | FirstBank | $ | 2,258,317 | | 19.03% | | $ | 712,167 | | 6.0% | | $ | 949,556 | | 8.0% | Leverage ratio | | | | | | | | | | | | | | | First BanCorp. | $ | 2,112,630 | | 10.14% | | $ | 833,091 | | 4.0% | | | N/A | | N/A | FirstBank | $ | 2,258,317 | | 10.85% | | $ | 832,773 | | 4.0% | | $ | 1,040,967 | | 5.0% | | | | | | | | | | | | | | | | |
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