| First BanCorp is the parent corporation of FirstBank Puerto Rico, a
state- chartered commercial bank with operations in Puerto Rico, the Virgin
Islands and Florida; of FirstBank Insurance Agency; and of Ponce General
Corporation. First BanCorp, FirstBank Puerto Rico and FirstBank Florida,
formerly Unibank, the thrift subsidiary of Ponce General, all operate
within U.S. banking laws and regulations. The Corporation operates a total
of 153 financial services facilities throughout Puerto Rico, the U.S. and
British Virgin Islands, and Florida. |