Welcome to our dedicated page for First Bancorp N C news (Ticker: FBNC), a resource for investors and traders seeking the latest updates and insights on First Bancorp N C stock.
First Bancorp (NASDAQ: FBNC) is the parent company of First Bank, a state-chartered community-focused bank headquartered in Southern Pines, North Carolina. Through First Bank, the company operates 113 branches across North Carolina and South Carolina and engages in commercial and consumer banking, mortgage lending, SBA lending, accounts receivable financing, and investment advisory services. This news page brings together company-reported developments and market-facing announcements related to FBNC.
Investors and followers of First Bancorp can use this page to review earnings releases, dividend declarations, and governance updates that the company discloses through news and SEC filings. Recent communications have covered quarterly financial results, including net interest income, net interest margin, loan growth, deposit trends, noninterest income, expense management, and asset quality metrics. The company also issues news releases when its board of directors declares cash dividends on its common stock.
Beyond financial performance, First Bancorp and First Bank share updates on leadership appointments and risk management roles, such as changes in senior executives and board membership. These items provide context on how the organization structures its leadership and oversight as it grows and navigates the regulatory environment for commercial banking.
First Bank also highlights community and sponsorship initiatives in its news, including partnerships with organizations like the Carolina Hurricanes Foundation and sponsorship of cultural events in the Carolinas. These stories illustrate the bank’s stated focus on community involvement and support for regional economic and social initiatives.
By reviewing the news items linked on this page, users can follow how First Bancorp communicates about its financial results, capital and liquidity position, credit quality, dividends, leadership changes, and community engagement over time.
First Bank (NASDAQ:FBNC) announced that Adam Currie, President and CEO of First Bank, was elected a Class A Director of the Federal Reserve Bank of Richmond for the 2025–2027 term on February 13, 2026. Currie joined as President in November 2023 and became CEO in February 2025.
Currie will provide insight on regional economic conditions and banking needs across the Fifth District. First Bank is headquartered in Southern Pines, North Carolina, with approximately $12.7 billion in assets and 113 branches in North Carolina and South Carolina.
First Bancorp (NASDAQ: FBNC) announced the immediate retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective January 27, 2026.
Ms. Capel served as a director since 2005 and is a former board chair. The Capel family's service to First Bancorp spans nearly 70 years, beginning with her father, Jesse Capel, who joined the board in 1959. Ms. Capel previously served 37 years as Director of Administration and Marketing at Capel, Incorporated, retiring in September 2017, and has served on the North Carolina Banking Commission and attended the North Carolina Bank Directors' College.
First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.7 billion and 113 branches across North Carolina and South Carolina. Its common stock trades under the symbol FBNC.
First Bancorp (NASDAQ:FBNC) reported unaudited Q4 2025 net income of $15.7M ($0.38 D‑EPS) and full‑year 2025 net income of $111.0M ($2.68 D‑EPS). Excluding a $43.7M securities loss, Q4 adjusted net income was $49.3M ($1.19 adjusted D‑EPS).
Key operational strength included $8.7B total loans (loan growth +14.3% annualized) and net interest income of $106.2M (NIM 3.58%). Noninterest expense was $62.2M. The company repaid $18M subordinated debt in Q4, contributing to modest declines in certain capital ratios.
First Bancorp (NASDAQ: FBNC) declared a cash dividend of $0.23 per share payable on January 25, 2026 to shareholders of record as of December 31, 2025. The company said it maintained strong capital and liquidity during the third quarter and delivered increases in adjusted net income and adjusted EPS. First Bancorp reported total assets of $12.8 billion and operates 113 branches across North Carolina and South Carolina through First Bank.
First Bank (NASDAQ:FBNC) announced that Bridget Welborn joined in October 2025 as Chief Risk Officer and Head of Legal.
Welborn brings 15+ years of legal, risk, privacy and regulatory compliance experience, most recently serving as Senior Counsel at Wyrick Robbins and previously as Chief Privacy & Risk Officer at State Employees' Credit Union. Peter Seitz will work with Welborn until his retirement at the end of January 2026. First Bank reported approximately $12.8 billion in total assets and operates 113 branches in North Carolina and South Carolina.
First Bancorp (NASDAQ: FBNC) announced that G. Adam Currie, who was named Chief Executive Officer of First Bank in February 2025, has been appointed to the Boards of Directors of both First Bank and First Bancorp, effective immediately.
Currie joined First Bank in 2015 and previously served as President, Chief Banking Officer, and Regional President. The company highlighted his role in expanding the Bank's presence across North and South Carolina and his commitment to shareholder value and financial performance.
Currie held prior senior roles at PNC Capital Markets and RBC Bank and holds a BA in Economics from the University of North Carolina at Chapel Hill.
First Bancorp (NASDAQ: FBNC) reported Q3 2025 net income $20.4M and D‑EPS $0.49. Excluding a $27.9M securities loss (after‑tax $21.4M), adjusted D‑EPS was $1.01.
Key operating metrics: net interest income $102.5M, NIM 3.46% (up 14 bps linked, 58 bps YoY), total loans $8.4B (up $193.6M; 9.3% annualized), average core deposits $10.8B, and noninterest expense $60.2M. Allowance for credit losses was $120.9M (ACL ratio 1.44%) and nonperforming assets were $39.0M (0.31% of assets).
First Bank (NASDAQ: FBNC) extended its sponsorship of the Carolina Hurricanes and the Good Goals program for three more years through the 2027-28 season. First Bank will donate $100 to the Carolina Hurricanes Foundation for each Hurricanes goal scored in regular-season play from now through 2027-28; last season's initiative generated nearly $27,000 for the foundation.
The partnership includes in-arena activations like t-shirt tosses, ongoing local sponsorships such as the Steven Tanger Center Broadway Series, and highlights the bank's community focus. First Bank also received BCI's Most Effective Recovery Award in the Americas for Hurricane Helene response and is a finalist for BCI's global awards announced mid-November 2025.
First Bancorp (NASDAQ: FBNC) has declared a quarterly cash dividend of $0.23 per share, payable on October 25, 2025, to shareholders of record as of September 30, 2025. The company, with total assets of $12.6 billion, operates First Bank across 113 branches in North and South Carolina.
CEO Richard Moore highlighted the company's focus on customer service, maintaining strong capital and liquidity positions, and stable credit quality. First Bancorp has maintained its dividend payment track record for over forty years, demonstrating its commitment to shareholder returns.
First Bancorp (NASDAQ:FBNC) reported strong Q2 2025 financial results with net income of $38.6 million, or $0.93 diluted earnings per share, up from $36.4 million ($0.88/share) in Q1 2025 and $28.7 million ($0.70/share) in Q2 2024.
Key highlights include: Net interest margin expanded to 3.32% from 3.25% in Q1; loan growth of 6.07% annualized reaching $8.2 billion; and strong asset quality with nonperforming assets at just 0.28% of total assets. The bank maintained solid capital ratios with common equity tier 1 at 14.62% and increased its quarterly dividend to $0.23 per share.
Total deposits grew with noninterest-bearing deposits reaching $3.5 billion, representing 33% of total deposits. The bank's efficiency in managing expenses was evident with noninterest expenses of $59.0 million, only slightly up from previous quarters.