Every 10-Q that First Bancorp N C (FBNC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FBNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FBNC filings page.
First Bancorp (FBNC) reported stronger profitability for Q2 2026 and year-to-date. Second-quarter net income was $50.5 million, or $1.22 diluted EPS, up from $38.6 million, or $0.93, in the like quarter of 2025. Net income for the first six months reached $97.2 million, or $2.35 diluted EPS, compared with $75.0 million, or $1.81, a year earlier.
Net interest income rose to $111.3 million for Q2 and $218.4 million year-to-date, aided by higher yields on earning assets and a lower cost of funds. Net interest margin improved to 3.71% in Q2 and 3.69% for the six-month period. Total assets were $13.0 billion at June 30, 2026, with loans of $9.0 billion and deposits of $11.1 billion. The company remained well-capitalized, with a common equity Tier 1 ratio of 14.09%.
Credit quality was stable, with nonperforming assets of $44.9 million and an allowance for credit losses on loans of $124.9 million, or 1.39% of total loans. The company also highlighted a pending acquisition of First Carolina Bancshares Corporation for approximately $166 million in stock and cash, expected to close by the first quarter of 2027.
First Bancorp delivered stronger results for the quarter ended March 31, 2026, with net income of $46.7 million and diluted EPS of $1.13, up from $0.88 a year earlier. Higher net interest income and an improved funding mix drove the gain.
Net interest income rose to $107.1 million as net interest margin expanded to 3.67% from 3.25%, helped by shifting assets into higher-yielding loans and reducing deposit costs. Loans reached $8.8 billion and deposits $11.0 billion, while asset quality remained solid with nonperforming assets at 0.32% of total assets.
First Bancorp (FBNC) reported Q3 2025 results showing higher profitability and a stronger balance sheet. Net income was $20.4 million with diluted EPS of $0.49, up from $0.45 a year ago. Net interest income rose to $102.5 million as interest expense declined year over year, and the provision for credit losses decreased to $3.4 million from $14.2 million. A securities loss-earnback transaction led to realized securities losses of $27.9 million, which turned total noninterest income negative for the quarter.
Total assets reached $12.75 billion, up from $12.15 billion at year-end. Deposits increased to $10.88 billion, with noninterest-bearing balances of $3.58 billion. Loans were $8.42 billion, and the allowance for credit losses on loans was $120.9 million. Nonperforming assets were $39.0 million. Shareholders’ equity improved to $1.60 billion, aided by other comprehensive income of $36.1 million as unrealized losses on securities narrowed; accumulated other comprehensive loss stood at $193.4 million. The company had 41,465,329 common shares outstanding as of October 31, 2025.