FirstBank Puerto Rico
FirstBank Puerto Rico is an FDIC-insured commercial bank headquartered in San Juan, PR, supervised by the FDIC, with $19.23B in total assets at Q3 2026, down 0.4% from Q3 2025, the 2nd largest of 4 banks headquartered in Puerto Rico. It was established in 1949 and holds FDIC certificate 30387. Its CET1 capital ratio was 15.92% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 30387
- Headquarters
- San Juan, PR
- Established
- 1949
- Total assets, Q3 2026
- $19.23B
- Assets vs Q3 2025
- -0.4%
- CET1 ratio, Q3 2026
- 15.92%
- Domestic offices
- 11 branches
- Routing number
- 221571473
- Safety and soundness
- Is FirstBank Puerto Rico safe?
- Latest call report
- Q3 2026, FFIEC 031 · FirstBank Puerto Rico call report
- Holding company
- FIRST BANCORP
- Asset rank in state
- 2nd of 4 in Puerto Rico
FirstBank Puerto Rico received FDIC open-bank assistance in November 1981, one of the rare cases where the FDIC intervened to preserve operations rather than close the bank. FirstBank Puerto Rico is one of the more profitable banks of its size. It reported $19.2 billion in assets at September 30, 2026. It returns 20.3% a year on shareholders' equity, about double the median of 11.1% for the 124 banks with $10 billion to $100 billion in assets. It also keeps 4.81 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.67 cents).
Unrealized losses on its securities total $491 million, equal to 22% of Tier 1 capital, against 18% a year earlier. Net income for the quarter rose 15% from a year earlier, to $95 million. One more trend to watch: the commercial and industrial book ($2.1 billion) is worsening: 1.23% of it is past due or on nonaccrual, up from 0.58% a year earlier.
As of September 30, 2026, FirstBank Puerto Rico reported a CET1 capital ratio of 15.92%, a return on assets of 1.94%, a nonperforming-loan ratio of 0.90% and a Texas ratio of 5.42%. The figures come from its call report filed with the FFIEC.
Between Q2 2026 and Q3 2026, its total assets were flat, loans rose 0.8% and deposits rose 0.3%. 1-4 family residential loans made up 23.3% of its total loans on September 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 17.2%. Its 73 offices in the FDIC Summary of Deposits are in 38 cities across 3 states; its Santurce 2 offices book 17% of its branch deposits. Judged on its Q3 2026 call report, FirstBank Puerto Rico meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1519 Ave Ponce De Leon, San Juan, PR 00909
- County
- San Juan
- Metro Area
- San Juan-Bayamon-Caguas, PR
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 031
- Established
- January 17, 1949
- Former names
- FirstBank of Puerto Rico (2012-2014)
- Domestic offices
- 11 branches
- Employees (FTE)
- 3,132
- Domestic deposits
- $16.68B
- Allowance for credit losses
- $241.7M
- Net charge-offs (YTD)
- $55.4M
- Average total assets
- $19.64B
- Average total loans
- $12.39B
- Average interest-bearing deposits
- $11.51B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 30387
- Fed RSSD
- 510871
- SEC CIK
- 1057706 → filed by FIRST BANCORP
- Website
- www.1firstbank.com →
- Parent Holding Company
- FIRST BANCORP (RSSD 2744894) · FBP
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Aurelio Aleman | CEO | President and CEO |
| Berges Gonzalez Orlando | CFO | EVP and CFO |
| Pavia Juan Carlos | COO | EVP, Chief Operating Officer |
| Nayda Rivera | CCO | EVP, CCO and Chief of Staff |
| Sara Alvarez-Cabrero | GC | EVP, General Counsel |
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
From Q4 2023 to Q3 2026, FirstBank Puerto Rico's total assets ranged from $18.85B (Q3 2024) to $19.30B (Q3 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$19.23B total assets against $19.30B; $17.40B total liabilities against $17.46B.
$13.14B net loans and leases against $12.81B; $16.95B total deposits against $16.92B.
$4.94B securities against $4.88B; $462.0M cash and balances due against $898.8M.
$290.8M total interest income against $282.7M; $63.8M total interest expense against $66.4M.
$227.1M net interest income against $216.4M.
$31.5M total noninterest income against $28.1M; $129.7M total noninterest expense against $123.0M.
$14.6M provision for credit losses against $17.6M.
$95.2M net income against $82.6M.
1.94% return on assets against 1.70%; 4.81% net interest margin against 4.62%.
15.92% CET1 capital ratio against 15.48%; 11.53% tier 1 leverage ratio against 11.20%.
Inside the full FirstBank Puerto Rico terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirstBank Puerto Rico rankings
Its closest position to the top of a national ranking is 105 of 4,193, for total assets; its furthest is 1,309 of 3,644, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q3 2026, its return on assets ran from 1.53% (Q1 2025) to 1.96% (Q2 2026) and its net interest margin ran from 4.45% (Q4 2024) to 4.90% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 15.92% | 1.94% | 0.90% | 5.42% | 4.81% |
| Q2 2026 | 15.96% | 1.96% | 0.90% | 5.14% | 4.90% |
| Q1 2026 | 15.76% | 1.77% | 0.89% | 4.94% | 4.73% |
| Q4 2025 | 15.60% | 1.77% | 0.95% | 5.34% | 4.75% |
| Q3 2025 | 15.48% | 1.70% | 0.96% | 5.73% | 4.62% |
| Q2 2025 | 15.45% | 1.64% | 1.01% | 6.24% | 4.59% |
| Q1 2025 | 15.56% | 1.53% | 1.07% | 6.86% | 4.51% |
| Q4 2024 | 15.76% | 1.57% | 1.02% | 6.75% | 4.45% |
Swipe the table sideways to see every column.
Branch Network
View all 73 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| FirstBank Puerto Rico (main office) | Santurce , PR | 00909 | $2.57B |
| Hato Rey Branch | San Juan , PR | 00917 | $1.27B |
| Waterford Way Branch | Miami , FL | 33126 | $1.06B |
| Waterfront Branch | Charlotte Amalie , VI | 00802 | $616.8M |
| Plaza Las Americas Branch | Hato Rey , PR | 00918 | $397.2M |
| San Patricio Branch | Guaynabo , PR | 00968 | $388.3M |
| Prime Branch | San Juan , PR | 00917 | $353.9M |
| Plaza Carolina Branch | Carolina , PR | 00982 | $343.8M |
| Cayey Branch | Cayey , PR | 00736 | $340.3M |
| Plaza Del Caribe Branch | Ponce , PR | 00731 | $338.3M |
| Condado Branch | Condado , PR | 00907 | $306.4M |
| Galeria Paseo Potuario Branch | San Juan , PR | 00901 | $288.4M |
| Mayaguez Branch | Mayaguez , PR | 00680 | $284.3M |
| Bayamon Oeste Shopping Center Branch | Bayamon , PR | 00961 | $268.4M |
| Humacao Ii Branch | Humacao , PR | 00792 | $266.4M |
| Las Catalinas Branch | Caguas , PR | 00725 | $243.9M |
| San Sebastian Branch | San Sebastian , PR | 00685 | $242.0M |
| Manati Branch | Manati , PR | 00674 | $229.3M |
| Loiza Street Branch | Santurce , PR | 00911 | $227.3M |
| Mayaguez Mall Branch | Mayaguez , PR | 00680 | $223.7M |
| Plaza Guaynabo | Guaynabo , PR | 00969 | $211.8M |
| Munoz Rivera Branch | Rio Piedras , PR | 00927 | $207.6M |
| Rexville Plaza Branch | Bayamon , PR | 00957 | $205.2M |
| Las Catalinas Branch | Caguas , PR | 00725 | $195.5M |
| Vega Baja Branch | Vega Baja , PR | 00693 | $191.8M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 1, 2020 | Structure Change | Acquired Banco Santander Puerto Rico Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 1, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 28, 2015 | Structure Change | Acquired Doral Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| January 1, 2015 | Structure Change | Acquired Firstmortgage Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 30, 2010 | Structure Change | Acquired First Leasing and Rental Corp. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 1, 2009 | Structure Change | Acquired Ponce General Corporation Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 1, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 28, 2008 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 28, 2008 | Structure Change | Acquired Virgin Islands Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 25, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 23, 2000 | Structure Change | Acquired First Virgin Islands FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 30, 1981 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 20, 1981 | FDIC Assistance | Open-bank assistance (not a failure) | FDIC FAILURES |
| November 20, 1981 | Structure Change | Acquired Pan American Federal Savings and Loan Association of Puerto Rico Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 14 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 7 against the institution (FDIC); 10 against individuals associated with it
- April 2, 2019, FDIC: Assessment of Civil Money Penalty: FirstBank Puerto Rico
- April 29, 2015, FDIC: Cease and Desist / Consent Orders: FirstBank of Puerto Rico
- June 2, 2010, FDIC: Cease and Desist / Consent Orders: FIRSTBANK OF PUERTO RICO
- November 16, 2007, FDIC: Cease and Desist / Consent Orders: FIRSTBANK OF PUERTO RICO
- November 16, 2007, FDIC: Cease and Desist / Consent Orders: FIRSTBANK OF PUERTO RICO
- Period: Most recent institution action April 2, 2019. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 15.8% of deposits in PR, rank 2 of 6 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 3,696 applications, 2,283 loans originated, $507.0M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 43 loans, $7.9M approved, $184K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- 102 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2025-Q4 to 2026-Q3. Source: CFPB consumer complaint database.
- Not on file
- CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about FirstBank Puerto Rico
What are FirstBank Puerto Rico's total assets?
As of the Q3 2026 filing, FirstBank Puerto Rico reported total assets of $19.23 billion in its FFIEC call report.
Where is FirstBank Puerto Rico headquartered?
It is headquartered in San Juan, PR, United States.
When was FirstBank Puerto Rico founded?
It was established in 1949, per the FDIC institution directory.
Is FirstBank Puerto Rico FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #30387). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates FirstBank Puerto Rico?
FirstBank Puerto Rico's primary federal regulator is the FDIC.
What is FirstBank Puerto Rico's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 15.92% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does FirstBank Puerto Rico operate?
It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is FirstBank Puerto Rico's Texas Ratio?
Its Texas Ratio is 5.42% in its Q3 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures nonperforming assets against the bank's capital and reserves.
What was FirstBank Puerto Rico previously called?
The charter now named FirstBank Puerto Rico has also operated as FirstBank of Puerto Rico (2012-2014), per FDIC structure-change records.
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