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## Note 31 - Litigation >. 

The Corporation is a defendant in a number of legal proceedings arising in the normal course of business. Management believes, based on the opin- ion of legal counsel, that the final disposition of these matters will not have a material adverse effect on the Corporation’s financial position or results of operations. 

## Note 32 - Selected Quarterly Financial Data (Unaudited) >. 

Financial data showing results of the 2001 and 2000 quarters is presented below. These results are unaudited. In the opinion of Management, all adjustments necessary for a fair presentation have been included: 

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## Note 33 - First BanCorp (Holding Company Only) Financial Information >. 

The following condensed financial information presents the financial posi- tion of the Holding Company only at December 31, 2001 and 2000, and the results of its operations and its cash flows for the years ended on December 31, 2001, 2000 and 1999. 

