Firstbank Puerto Rico
Santurce, Puerto Rico · FDIC Cert #30387
Firstbank Puerto Rico is an FDIC-insured bank (Certificate #30387) with $18.9B in total assets and $16.6B in total deposits as of the Q2 2024 Call Report. Headquartered in Santurce, Puerto Rico, the bank maintains a Tier 1 capital ratio of 15.97% (Well-Capitalized) and a nonperforming loan ratio of 1.16%. BankHealthData assigns a composite Health Grade of A (93/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Firstbank Puerto Rico (FDIC cert 30387) is a large bank with $18.9B in total assets and $16.6B in deposits, headquartered in Santurce, Puerto Rico. Banks at this scale typically operate across multiple states and face enhanced regulatory scrutiny under the federal banking-supervisory framework.
Capital position is strong: Tier 1 capital ratio of 15.97% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.16% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 31.2% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is strong: return on assets of 2.12% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Firstbank Puerto Rico carries a composite BankHealth grade of A (93/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Firstbank Puerto Rico
- Total Assets
- $18.9B
- Total Deposits
- $16.6B
- Tier 1 Capital Ratio
- 15.97%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.16%
- Liquidity Ratio
- 31.21%
- Return on Assets
- 2.12%
- Headquarters
- Santurce, Puerto Rico
- FDIC Certificate
- #30387
- Health Grade
- A (93/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Firstbank Puerto Rico holds a Tier 1 capital ratio of 15.97%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Firstbank Puerto Rico has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Firstbank Puerto Rico shows strong financial health indicators. With $18.9B in assets and a Health Score of 93/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Firstbank Puerto Rico Compares
Firstbank Puerto Rico’s Health Score of 93 is 5 points above the Puerto Rico state average of 88 across 4 FDIC-insured banks. Its 15.97% Tier 1 capital ratio is 2.0 points above the US banking industry average near 14%. The 1.16% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.12% is in line with or above the national ROA benchmark of ~1.1%. Among 98 similarly-sized banks, the average Health Score is 79, meaning this bank ranks above its size cohort. Site-wide, Firstbank Puerto Rico is 23 points above the portfolio average of 70.
Frequently Asked Questions
Firstbank Puerto Rico has a Bank Health Score of A (93/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 15.97%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Firstbank Puerto Rico's Tier 1 capital ratio of 15.97% and nonperforming loan ratio of 1.16% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Firstbank Puerto Rico is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #30387). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Firstbank Puerto Rico holds $18.9B in total assets and $16.6B in total deposits. It is headquartered in Santurce, Puerto Rico (FDIC Certificate #30387).
Firstbank Puerto Rico has a Tier 1 capital ratio of 15.97%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.16%, and the return on assets is 2.12%.
Yes. Firstbank Puerto Rico is FDIC-insured (Certificate #30387). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Firstbank Puerto Rico's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.