SOUTHERN PINES, N.C., Jan. 27, 2026 /PRNewswire/ -- On January 27, 2026, First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective immediately.
The First Bancorp delivered robust earnings growth, with net income up 20% YoY despite higher loan loss provisions. FNLC's net interest income surged nearly 25%, supported by rising interest income and lower expenses, while the dividend remains well-covered. Loan book quality is under scrutiny as past due loans—mainly CRE—rose, but real estate backing and modest provisioning mitigate immediate ...
SOUTHERN PINES, N.C. , Dec. 12, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on January 25, 2026 to shareholders of record as of December 31, 2025.
SOUTHERN PINES, N.C. , Oct. 30, 2025 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC), the parent company of First Bank ("the Bank"), announced today that G.
Third Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q3-2025 Q2-2025 Q3-2024 Summary Income Statement Total interest income $ 144,200 $ 136,741 $ 131,409 Total interest expense 41,711 40,065 48,366 Net interest income 102,489 96,676 83,043 Provision for credit losses 3,442 2,212 14,200 Noninterest income (12,879) 14,341 13,579 Noninterest expenses 60,211 58,983 59,850 I...
SOUTHERN PINES, N.C. , Sept. 12, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on October 25, 2025 to shareholders of record as of September 30, 2025.
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