First Bancorp
1519 Ponce De Leon
PO Box 9146
San Juan,
PR 00908-0146
United States - Map
Phone: 787-729-8041
Fax: 787-729-8139
Website: http://www.firstbankpr.com
First BanCorp operates as the holding company for FirstBank Puerto Rico that provides a range of financial services and products to retail, commercial, and institutional clients primarily in Puerto Rico, the Virgin Islands, and Florida. It offers various deposit products, such as interest-bearing and non-interest bearing checking and savings accounts, individual retirement accounts, money market accounts, retail certificates of deposit. The company also offers commercial loans, including commercial real estate and construction loans, floor plan financings, lines of credit, and term loans; and consumer loans comprising automobile and boat loans, personal loans, small loans, home equity loans, and lines of credit. In addition, it involves in the origination, sale, and servicing of various residential mortgage loans; and the acquisition and sale of mortgages in the secondary market. Further, the company provides Internet banking services, credit cards, cash management and business management services, remote data capture, and automated clearing house transaction services, as well as municipal bond underwriting, financial advisory services on structured financings, insurance agency, finance leases, and international banking services. As of August 23, 2011, it operated 161 branches, stand-alone offices, and in-branch service centers. First BanCorp was founded in 1948 and is headquartered in San Juan, Puerto Rico. Key Statistics
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| First Bancorp’s Governance Risk Indicator (GRI®) as of Jul 1, 2011 is: Audit (Low Concern), Board (Low Concern), Compensation (High Concern), Shareholder Rights (Low Concern). | | Brought to you by Institutional Shareholder Services (ISS) |
| | Pay | Exercised | Mr. Roberto R. Herencia ,
52
Non-Exec. Chairman, Chairman of Corp. Governance & Nominating Committee, Member of Compensation & Benefits Committee and Non-Exec. Chairman of Firstbank Puerto Rico | 1.78M | N/A | Mr. Aurelio Alem ,
53
Chief Exec. Officer, Pres, Director, Member of Asset/Liability Committee, Member of Credit Committee and Director of Firstbank Puerto Rico | 855.00K | 0.00 | Mr. Orlando Berges-Gonz CPA,
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Chief Financial Officer and Exec. VP | 636.00K | 0.00 | Mr. Cassan Pancham ,
51
Exec. VP, Eastern Caribbean Region Exec., Exec. VP of FirstBank Puerto Rico and Eastern Caribbean Region Exec. of FirstBank Puerto Rico | 492.00K | 0.00 | Mr. Victor M. Barreras-Pellegrini ,
44
Sr. VP and Treasurer | 490.00K | 0.00 |
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| | Amounts are as of Dec 31, 2011 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. | | Currency in USD. |
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