First Bancorp
1519 Ponce De Leon
San Juan,
PR 00908-0146
Phone: 787-729-8200
Fax: 787-729-8139
Web Site: http://www.firstbankpr.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| First BanCorp operates as the bank holding company for FirstBank Puerto Rico that provides financial services and products for retail, commercial, and institutional clients in Puerto Rico, the United States, and the British Virgin Islands. The company offers various deposit products, such as interest-bearing and non-interest bearing checking and savings accounts; individual retirement accounts; and retail certificates of deposit. It also provides commercial loans, including commercial real estate and construction loans; and auto, boat, and personal loans, as well as lines of credit. In addition, the company involves in the origination, sale, and servicing of various residential mortgage loan products. Further, it offers cash management and business management services. Additionally, the company provides vehicle leasing and daily rental, insurance agency, international banking, finance lease, and mortgage loan services. As of April 1, 2009, it operated 194 branches, stand-alone offices, and in-branch service centers. First BanCorp was founded in 1948 and is based in San Juan, Puerto Rico. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Luis M. Beauchamp , 66
Chairman, Chief Exec. Officer, Pres, Member of Asset/Liability Committee, Member of Credit Committee of FirstBank Puerto Rico |
$
1.98M |
$
2.91M | Mr. Fernando Scherrer CPA, 41
Chief Financial Officer, Chief Financial Officer of FirstBank Puerto Rico and Exec. VP of FirstBank Puerto Rico |
$
1.14M | N/A | Mr. Aurelio Aleman , 50
Chief Operating Officer, Sr. Exec. VP, Director, Member of Asset/Liability Committee, Member of Credit Committe of FirstBank Puerto Rico |
N/A
| N/A | Mr. Randolfo Rivera , 56
Exec. VP, Wholesale Banking Exec., Exec. VP of Commercial Banking - First Bank and Wholesale Banking Exec. of FirstBank Puerto Rico |
$
945.00K |
$
195.00K | Mr. Lawrence Odell , 60
Exec. VP, Sec., Gen. Counsel, Exec. VP of FirstBank Puerto Rico, Sec. of FirstBank Puerto Rico and Gen. Counsel of FirstBank Puerto Rico |
$
1.16M | N/A |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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