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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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First Bancorp /Nc/ quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
- First Bancorp /Nc/ Interest Expense for the quarter ending June 30, 2024 was $47.7M, a 39.6% increase year-over-year.
- First Bancorp /Nc/ Interest Expense for the twelve months ending June 30, 2024 was $178M, a 153% increase year-over-year.
- First Bancorp /Nc/ annual Interest Expense for 2023 was $142M, a 782% increase from 2022.
- First Bancorp /Nc/ annual Interest Expense for 2022 was $16.1M, a 69.1% increase from 2021.
- First Bancorp /Nc/ annual Interest Expense for 2021 was $9.52M, a 51.3% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)