Earnings summaries and quarterly performance for FIRST BANCORP /NC/.
Executive leadership at FIRST BANCORP /NC/.
Richard Moore
Detailed
Chairman and Chief Executive Officer
CEO
AC
Adam Currie
Detailed
Chief Executive Officer, First Bank
CW
Christian Wilson
Detailed
Executive Vice President and Chief Operating Officer
EB
Elizabeth Bostian
Detailed
Executive Vice President and Chief Financial Officer
MM
Michael Mayer
Detailed
President
Board of directors at FIRST BANCORP /NC/.
AD
Abby Donnelly
Detailed
Director
CM
Carlie McLamb Jr.
Detailed
Director
DP
Dexter Perry
Detailed
Director
FT
Frederick Taylor II
Detailed
Director
JC
James Crawford III
Detailed
Lead Independent Director
JM
John McCauley
Detailed
Director
MC
Mary Clara Capel
Detailed
Director
SD
Suzanne DeFerie
Detailed
Director
TS
Temple Sloan III
Detailed
Director
Research analysts covering FIRST BANCORP /NC/.
Recent press releases and 8-K filings for FBNC.
FirstSun Capital Bancorp and First Foundation Inc. Announce Merger Plans
FBNC
M&A
New Projects/Investments
- FirstSun Capital Bancorp and First Foundation Inc. are pursuing a merger.
- The merger aims to strengthen their platforms for sustainable growth and expand earnings power.
- The strategic focus of the merger is on large markets, including Southern California, to drive greater value for stockholders.
Oct 27, 2025, 9:12 PM
First Bancorp Reports Third Quarter 2025 Results
FBNC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- First Bancorp reported net income of $20.4 million and diluted EPS of $0.49 for the third quarter of 2025. Excluding a $27.9 million securities loss, adjusted net income was $41.8 million and adjusted diluted EPS was $1.01.
- Net interest income increased to $102.5 million in Q3 2025, up from $96.7 million in the linked quarter, with the Net Interest Margin (NIM) expanding to 3.46% from 3.32%.
- Total loans grew by $193.6 million, or 9.3% annualized, reaching $8.4 billion at September 30, 2025. Customer deposits also increased by $55.7 million during the quarter.
- The third quarter 2025 results included a $27.9 million pre-tax securities loss from a loss-earnback transaction and a $4.0 million reduction to the loan loss provision related to Hurricane Helene.
Oct 22, 2025, 8:06 PM
First Bancorp Reports Third Quarter 2025 Results
FBNC
Earnings
Revenue Acceleration/Inflection
- First Bancorp (FBNC) reported net income of $20.4 million and diluted EPS of $0.49 for the third quarter of 2025. Excluding a $27.9 million securities loss, adjusted diluted EPS was $1.01.
- Net interest income increased to $102.5 million in Q3 2025, up 6.0% from the linked quarter, with the Net Interest Margin (NIM) expanding to 3.46%, a 14 basis point increase from Q2 2025.
- The company achieved loan growth of $193.6 million, reaching $8.4 billion at September 30, 2025, an annualized increase of 9.3%.
- Asset quality remained strong, with annualized net loan charge-offs at 0.14% and total nonperforming assets at $39.0 million, or 0.31% of total assets, as of September 30, 2025.
- Capital levels remained robust, with an estimated total risk-based capital ratio of 16.58% and a tangible common equity to tangible assets ratio of 9.12% at September 30, 2025.
Oct 22, 2025, 8:05 PM
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