First BanCorp. is a financial holding company that owns FirstBank Puerto Rico (FirstBank or the Bank). The Company is a full service provider of financial services and products with operations in Puerto Rico, the United States and the United States and British Virgin Islands. First BanCorp. provides different financial services for retail, commercial and institutional clients. The Company controlled four wholly owned subsidiaries: FirstBank, FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency), Grupo Empresas de Servicios Financieros (d/b/a PR Finance Group) and Ponce General Corporation, Inc. (Ponce General). The Company has four reportable segments: Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking, and Treasury and Investments. On January 28, 2008, FirstBank acquired Virgin Islands Community Bank (VICB). in St. Croix, U.S. Virgin Islands. VICB has three branches on St. Croix and deposits of approximately $56 million.