The document discusses FirstBank Puerto Rico's (FBP) annual shareholder's meeting on April 27, 2010. It summarizes the challenging economic environment in Puerto Rico, the US Virgin Islands, and Florida in 2009. It also discusses FBP's financial results for 2009, including a net loss which was the first negative year in half a decade. Reducing non-performing assets is identified as the number one priority. Plans for capital raising and strengthening the balance sheet are outlined.