Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

The audited consolidated financial statements of Santander Bancorp and subsidiaries, as of and for the years ended December 31, 2019 and December 31, 2018, and the related Notes, are filed herewith as Exhibit 99.1.

The unaudited consolidated financial statements of Santander Bancorp and subsidiaries as of June 30, 2020 and December 31, 2019 and for the six months ended June 30, 2020 and June 30, 2019, and the related Notes, are filed herewith as Exhibit 99.2

(b) Pro Forma Financial Information.

An unaudited pro forma condensed combined balance sheet is not presented here because the consolidated balance sheet of the Corporation as of September 30, 2020, which was included in the Corporation's Quarterly Report on Form 10-Q for the nine months ended September 30, 2020, filed on November 9, 2020, already reflects the effects of the acquisition.

The unaudited pro forma condensed combined statements of income for the nine months ended September 30, 2020 and for the year ended December 31, 2019, giving effect to the acquisition as if it had been completed on January 1, 2019, and the related Notes, are filed herewith as Exhibit 99.3.

The unaudited pro forma condensed combined financial information has been provided for information purposes only, as required by From-8-K. It is not intended to represent what the combined company's actual results of operations or financial position would have been had the acquisition been completed on the date indicated, nor are they necessarily indicative of the combined company's future results of operations or financial position for any future period. The unaudited pro forma condensed combined financial statements also do not consider any potential impacts of potential revenue enhancements, anticipated cost savings and expense efficiencies, or asset dispositions, among other factors.

(d) Exhibits

See the Exhibit Index below, which is incorporated by reference herein.

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                                 Exhibit Index

Exhibit    Description of Exhibit
  23.1     Consent of PricewaterhouseCoopers LLP, independent registered public
           accounting firm of Santander Bancorp.
  99.1     The audited consolidated financial statements of Santander Bancorp and
           subsidiaries as of and for the years ended December 31, 2019 and
           December 31, 2018, and the related Notes.
  99.2     The unaudited consolidated financial statements of Santander Bancorp and
           subsidiaries as of June 30, 2020 and December 31, 2019 and for the six
           months ended June 30, 2020 and June 30, 2019, and the related Notes.
  99.3     The unaudited pro forma condensed combined statements of income for the
           nine months ended September 30, 2020 and for the year ended December 31,
           2019, giving effect to the acquisition as if it had been completed on
           January 1, 2019 and the related Notes.
104        The cover page of First BanCorp. Current Report on Form 8-K, formatted
           in inline XBRL (embedded within the Inline XBRL document).



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