FIRST BANCORP
First Bancorp (NASDAQ: FBNC) operates as the fourth largest commercial bank holding company headquartered in North Carolina, serving customers through its principal subsidiary, First Bank, a state-chartered institution with roots dating back to 1935 when it began operations as the Bank of Montgomery. The company… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What FIRST BANCORP does
In the company’s own words
First Bancorp (NASDAQ: FBNC) operates as the fourth largest commercial bank holding company headquartered in North Carolina, serving customers through its principal subsidiary, First Bank, a state-chartered institution with roots dating back to 1935 when it began operations as the Bank of Montgomery. The company maintains a diversified banking platform with total consolidated assets of $12.7 billion, total loans of $8.7 billion, total deposits of $10.7 billion, and shareholders' equity of $1.7 billion as of December 31, 2025.
First Bancorp conducts business through 113 branches, with 100 locations across North Carolina and 13 in South Carolina, serving small- to medium-sized communities and larger metropolitan areas including Charlotte, Raleigh, Greensboro, Winston-Salem, Asheville, Wilmington, Greenville, Columbia, and Charleston. The company employs 1,332 full-time and 42 part-time associates, with approximately 72 percent female representation and 19 percent minority representation in its workforce.
The company's core business encompasses a comprehensive range of commercial and retail banking services, including commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, and personal lending products. Through its subsidiary Magnolia Financial, First Bancorp provides accounts receivable financing, factoring, inventory financing, and purchase order financing throughout the southeastern United States. The company also operates CarBucks, a used car floor-plan financing division.
First Bancorp's investment portfolio adheres to conservative principles, focusing on U.S. government bonds, government-sponsored enterprises, mortgage-backed securities, municipal obligations, and investment-grade corporate bonds. The company offers comprehensive deposit products including checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts, supplemented by CDARS and ICS programs providing FDIC insurance on deposits up to $50 million.
The company has pursued strategic growth through acquisitions, including GrandSouth Bancorp in January 2023, Select Bancorp in October 2021, and earlier acquisitions of Magnolia Financial, ASB Bancorp, and Carolina Bank Holdings. Additional services include credit and debit cards, electronic banking, mobile banking, cash management, and investment advisory services through FB Wealth Management Services. The company's website is www.firstbancorp.com.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- SOUTHERN PINES, NC
- Fiscal year end
- December
- CIK
- 811589
- SIC
- 6022
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns FIRST BANCORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · FIRST BANCORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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