{
  "schemaVersion": 1,
  "organisationId": "O-47c1a5d5be614a868235520e957524e9",
  "slug": "first-bancorp-nc",
  "name": "FIRST BANCORP /NC/",
  "updatedAt": "2026-10-02T12:11:56.239177Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "First Bancorp is a North Carolina bank holding company whose principal business is owning and operating First Bank, a state-chartered community bank headquartered in Southern Pines. Its services span commercial and consumer banking, mortgage and SBA lending, business banking, and wealth management. The Bank began operations in 1935, and First Bancorp was incorporated in 1983. [P2587139][P14288865]\n\nThe company’s core footprint is North Carolina and South Carolina. At December 31, 2025, First Bank operated 113 branches and employed 1,353 full-time-equivalent employees; First Bancorp reported $12.7 billion in consolidated assets. [P70056422][P2587139] For the year ended December 31, 2025, net interest income was approximately $398.2 million. [T4333768]\n\nFirst Bank describes its mission as helping customers change their lives, grow their businesses, and support their families, with a vision of being the best community bank in the communities it serves. [https://localfirstbank.com/about-us/][https://localfirstbank.com/about-us/who-we-are/]\n[P2587139][P14288865][P70056422][T4333768][https://localfirstbank.com/about-us/][https://localfirstbank.com/about-us/who-we-are/]",
      "updatedAt": "2026-10-02T12:11:56.239177Z"
    },
    {
      "type": "PRODUCTS",
      "text": "First Bancorp offers personal deposit accounts including Everywhere Checking, Everywhere Plus, Everywhere Premium, Campus Checking, Senior Checking, Everywhere Savings and MyFirst Savings, as well as money-market accounts, certificates of deposit, IRAs and HSAs. Consumer credit offerings include personal loans and lines of credit, home-equity lines of credit and personal credit cards; digital banking includes account access, transfers, mobile deposits and bill payment. [https://localfirstbank.com/personal/checking-accounts/][https://localfirstbank.com/personal/savings-accounts-cds/][https://localfirstbank.com/personal/personal-loans/][https://localfirstbank.com/personal/home-equity/][https://localfirstbank.com/personal/credit-cards/][https://localfirstbank.com/digital-banking/]\n\nMortgage products include fixed- and adjustable-rate conventional loans, FHA, USDA, VA, jumbo, ITIN, construction and Dream It, Own It loans. Business banking includes checking, savings and credit cards, alongside commercial real-estate loans, lines of credit, equipment and vehicle financing, asset-based lending and SBA loans. First Bank is an SBA Preferred Lender; its SBA 7(a) financing can support acquisitions, real estate, expansion, equipment, inventory and working capital. [https://localfirstbank.com/mortgage/find-the-right-mortgage/][https://localfirstbank.com/business/][https://localfirstbank.com/business/business-loans/][https://localfirstbank.com/business/sba-loans/][https://localfirstbank.com/business/sba-loans/sba-7a-loan/]\n\nBusiness treasury and payment services include Positive Pay, ACH and electronic payments, remote deposit, lockbox, Cash Safe, credit-card processing across terminal, virtual, POS, mobile and e-commerce channels, and corporate online banking with user permissions, reporting and ACH controls. Wealth services include investment and retirement planning, asset management, insurance, and trust and estate services. [https://localfirstbank.com/business/treasury-services/corporate-online-banking/][https://localfirstbank.com/business/treasury-services/credit-card-processing/][https://localfirstbank.com/business/treasury-services/cash-safe/][https://localfirstbank.com/wealth/wealth-services/]\n\nIn FY2025, interest and fees on loans totaled $462.3 million, approximately 83% of total interest income of $557.2 million. This indicates the importance of lending income, rather than a breakdown of revenue by individual loan product. [P109821065][T4333768]\n[P109821065][T4333768][https://localfirstbank.com/personal/checking-accounts/][https://localfirstbank.com/personal/savings-accounts-cds/][https://localfirstbank.com/personal/personal-loans/][https://localfirstbank.com/personal/home-equity/][https://localfirstbank.com/personal/credit-cards/][https://localfirstbank.com/digital-banking/][https://localfirstbank.com/mortgage/find-the-right-mortgage/][https://localfirstbank.com/business/][https://localfirstbank.com/business/business-loans/][https://localfirstbank.com/business/sba-loans/][https://localfirstbank.com/business/sba-loans/sba-7a-loan/][https://localfirstbank.com/business/treasury-services/corporate-online-banking/][https://localfirstbank.com/business/treasury-services/credit-card-processing/][https://localfirstbank.com/business/treasury-services/cash-safe/][https://localfirstbank.com/wealth/wealth-services/]",
      "updatedAt": "2026-10-02T12:11:56.239177Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "First Bancorp’s banking operations are concentrated in North and South Carolina. At December 31, 2025, First Bank operated 113 branches across the two states, and the company reported no foreign operations or customers. It does not disclose revenue by state, region, or country. [P70056422][P35848229]\n\nThe company’s main office and headquarters are in Southern Pines, North Carolina. Operational departments are primarily located in Greensboro, Dunn, Fletcher, and Troy, North Carolina. First Bank had 1,353 full-time-equivalent employees at year-end 2025; a geographic breakdown of employees was not reported. [P99940838][P2587139][P70056422]\n[P70056422][P35848229][P99940838][P2587139]",
      "updatedAt": "2026-10-02T12:11:56.239177Z"
    },
    {
      "type": "SEGMENTS",
      "text": "First Bancorp reports one operating segment: its banking operations, conducted principally through First Bank. The segment’s focus includes providing loan and deposit products and financial advice; management identifies these activities as the company’s only operating segment. Accordingly, the banking segment represents approximately 100% of reported consolidated operations, with no separate segment-level contribution breakdown reported. [P150289963][P150289964]\n[P150289963][P150289964]",
      "updatedAt": "2026-10-02T12:11:56.239177Z"
    },
    {
      "type": "HISTORY",
      "text": "First Bank began as Bank of Montgomery, which opened in Troy, North Carolina, on February 8, 1935. First Bancorp was incorporated in North Carolina in 1983 to acquire the bank, and the bank adopted the First Bank name in 1985. [P14288865]\n\nFirst Bancorp began trading on Nasdaq under the symbol FBNC in 1987. In September 2013, the company and bank headquarters moved to Southern Pines, North Carolina. [https://localfirstbank.com/about-us/corporate-overview/][P14288865]\n\nThe company expanded through acquisitions, including GrandSouth Bancorp; that acquisition closed on January 1, 2023, and GrandSouth Bank merged into First Bank. [P13629227]\n[P14288865][https://localfirstbank.com/about-us/corporate-overview/][P13629227][https://localfirstbank.com/about-us/corporate-overview/]",
      "updatedAt": "2026-10-02T12:11:56.239177Z"
    }
  ],
  "sources": [
    {
      "id": "P2587139",
      "href": "https://app.finbar.com/go?id=P2587139",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "P14288865",
      "href": "https://app.finbar.com/go?id=P14288865",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "P70056422",
      "href": "https://app.finbar.com/go?id=P70056422",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "T4333768",
      "href": "https://app.finbar.com/go?id=T4333768",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "https://localfirstbank.com/about-us/",
      "href": "https://localfirstbank.com/about-us/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/about-us/who-we-are/",
      "href": "https://localfirstbank.com/about-us/who-we-are/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/personal/checking-accounts/",
      "href": "https://localfirstbank.com/personal/checking-accounts/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/personal/savings-accounts-cds/",
      "href": "https://localfirstbank.com/personal/savings-accounts-cds/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/personal/personal-loans/",
      "href": "https://localfirstbank.com/personal/personal-loans/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/personal/home-equity/",
      "href": "https://localfirstbank.com/personal/home-equity/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/personal/credit-cards/",
      "href": "https://localfirstbank.com/personal/credit-cards/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/digital-banking/",
      "href": "https://localfirstbank.com/digital-banking/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/mortgage/find-the-right-mortgage/",
      "href": "https://localfirstbank.com/mortgage/find-the-right-mortgage/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/",
      "href": "https://localfirstbank.com/business/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/business-loans/",
      "href": "https://localfirstbank.com/business/business-loans/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/sba-loans/",
      "href": "https://localfirstbank.com/business/sba-loans/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/sba-loans/sba-7a-loan/",
      "href": "https://localfirstbank.com/business/sba-loans/sba-7a-loan/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/treasury-services/corporate-online-banking/",
      "href": "https://localfirstbank.com/business/treasury-services/corporate-online-banking/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/treasury-services/credit-card-processing/",
      "href": "https://localfirstbank.com/business/treasury-services/credit-card-processing/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/business/treasury-services/cash-safe/",
      "href": "https://localfirstbank.com/business/treasury-services/cash-safe/",
      "label": "localfirstbank.com"
    },
    {
      "id": "https://localfirstbank.com/wealth/wealth-services/",
      "href": "https://localfirstbank.com/wealth/wealth-services/",
      "label": "localfirstbank.com"
    },
    {
      "id": "P109821065",
      "href": "https://app.finbar.com/go?id=P109821065",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "P35848229",
      "href": "https://app.finbar.com/go?id=P35848229",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "P99940838",
      "href": "https://app.finbar.com/go?id=P99940838",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    },
    {
      "id": "P150289963",
      "href": "https://app.finbar.com/go?id=P150289963",
      "label": "FIRST BANCORP /NC/ — Full financial report (2026 Q 2)",
      "documentId": "D-aa9be27f498e4fdb882be492b4a1230f"
    },
    {
      "id": "P150289964",
      "href": "https://app.finbar.com/go?id=P150289964",
      "label": "FIRST BANCORP /NC/ — Full financial report (2026 Q 2)",
      "documentId": "D-aa9be27f498e4fdb882be492b4a1230f"
    },
    {
      "id": "https://localfirstbank.com/about-us/corporate-overview/",
      "href": "https://localfirstbank.com/about-us/corporate-overview/",
      "label": "localfirstbank.com"
    },
    {
      "id": "P13629227",
      "href": "https://app.finbar.com/go?id=P13629227",
      "label": "FIRST BANCORP /NC/ — Full financial report (2025 Y)",
      "documentId": "D-b6487395bd4c4970982a541c9645d83a"
    }
  ]
}