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FIRST BANK BRINGS COMMUNITIES TOGETHER WITH 2ND ANNUAL FOOD DRIVE AND LOCAL GRANT SUPPORT

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First Bank (NASDAQ: FBNC) has completed its 2nd annual companywide food drive, collecting 21,750 pounds of food distributed to over 90 organizations across the Carolinas through 110+ locations. The initiative, honoring late employee Sharon Shaw Adams, demonstrates the bank's community commitment.

The bank has awarded $319,229 in Power of Good Grants to local nonprofits and schools in 2024, with total philanthropic giving exceeding $640,000. In Q4 alone, 40 nonprofits received grants totaling $90,000. First Bank, with approximately $12.1 billion in total assets, operates 113 branches across North and South Carolina, including a nationwide SBA platform.

First Bank (NASDAQ: FBNC) ha completato la sua seconda raccolta annuale di cibo a livello aziendale, raccogliendo 21.750 libbre di alimenti distribuiti a oltre 90 organizzazioni nelle Carolinas attraverso più di 110 sedi. L'iniziativa, in onore della defunta dipendente Sharon Shaw Adams, dimostra l'impegno della banca nella comunità.

La banca ha assegnato $319.229 in Power of Good Grants a organizzazioni nonprofit locali e scuole nel 2024, con donazioni filantropiche totali che superano i $640.000. Solo nel quarto trimestre, 40 organizzazioni nonprofit hanno ricevuto sovvenzioni per un totale di $90.000. First Bank, con circa $12,1 miliardi in attività totali, gestisce 113 filiali nelle Carolina del Nord e del Sud, inclusa una piattaforma SBA a livello nazionale.

First Bank (NASDAQ: FBNC) ha completado su segunda campaña anual de recolecta de alimentos a nivel de empresa, recolectando 21,750 libras de alimentos distribuidos a más de 90 organizaciones en las Carolinas a través de más de 110 ubicaciones. La iniciativa, en honor a la difunta empleada Sharon Shaw Adams, demuestra el compromiso de la banca con la comunidad.

La banca ha otorgado $319,229 en Power of Good Grants a organizaciones sin fines de lucro locales y escuelas en 2024, con un total de donaciones filantrópicas que supera los $640,000. Solo en el cuarto trimestre, 40 organizaciones sin fines de lucro recibieron subvenciones por un total de $90,000. First Bank, con aproximadamente $12.1 mil millones en activos totales, opera 113 sucursales en Carolina del Norte y del Sur, incluyendo una plataforma SBA a nivel nacional.

퍼스트 뱅크 (NASDAQ: FBNC)가 제2회 연례 전사적 식량 기부 캠페인을 완료했습니다. 21,750파운드의 식품이 110개 이상의 장소를 통해 90개 이상의 기관에 배포되었습니다. 고인인 샤론 쇼 아담스 직원의 이름을 딴 이번 캠페인은 은행의 지역 사회에 대한 헌신을 보여줍니다.

은행은 2024년에 지역 비영리 단체와 학교에 $319,229의 파워 오브 굿 그랜트를 수여했으며, 총 자선 기부금은 $640,000를 초과했습니다. 4분기에는 40개 비영리 단체가 $90,000에 달하는 보조금을 받았습니다. 퍼스트 뱅크는 약 $121억의 총 자산을 보유하고 있으며, 노스캐롤라이나주와 사우스캐롤라이나주에 113개의 지점을 운영하고 있습니다. 또한, 전국적인 SBA 플랫폼도 운영하고 있습니다.

First Bank (NASDAQ: FBNC) a terminé sa deuxième campagne annuelle de collecte de nourriture à l'échelle de l'entreprise, en récoltant 21 750 livres de nourriture distribuées à plus de 90 organisations à travers les Carolines dans plus de 110 endroits. L'initiative, en hommage à l'ancienne employée Sharon Shaw Adams, démontre l'engagement de la banque envers la communauté.

La banque a accordé 319 229 $ en Power of Good Grants à des associations locales et des écoles en 2024, avec un total de dons philanthropiques dépassant les 640 000 $. Rien qu'au quatrième trimestre, 40 associations ont reçu des subventions totalisant 90 000 $. First Bank, avec environ 12,1 milliards de dollars d'actifs totaux, exploite 113 succursales à travers les Carolines, y compris une plateforme SBA à l'échelle nationale.

First Bank (NASDAQ: FBNC) hat die zweite jährliche firmeneigene Lebensmittelsammlung abgeschlossen und 21.750 Pfund Lebensmittel gesammelt, die über 90 Organisationen in den Carolinas an mehr als 110 Standorten verteilt wurden. Die Initiative, die der verstorbenen Mitarbeiterin Sharon Shaw Adams gewidmet ist, zeigt das Engagement der Bank für die Gemeinschaft.

Die Bank hat $319.229 in Power of Good Grants an lokale gemeinnützige Organisationen und Schulen im Jahr 2024 vergeben, wobei die Gesamtsumme der philanthropischen Spenden 640.000 $ übersteigt. Allein im vierten Quartal erhielten 40 gemeinnützige Organisationen Zuschüsse in Höhe von insgesamt 90.000 $. First Bank, mit insgesamt $12,1 Milliarden an Vermögenswerten, betreibt 113 Filialen in North und South Carolina, einschließlich einer landesweiten SBA-Plattform.

Positive
  • Strong community engagement evidenced by 21,750 pounds of food collected
  • Significant philanthropic activity with $640,000 in total giving for 2024
  • Substantial asset base of $12.1 billion
  • Extensive branch network with 113 locations across two states
Negative
  • None.

SOUTHERN PINES, N.C., Dec. 17, 2024 /PRNewswire/ -- First Bank proudly continues its commitment to community with the successful completion of its 2nd annual companywide food drive. This year, employees, customers and friends from across the Carolinas and in over 110 First Bank locations joined forces to collect 21,750 pounds of food given to over 90 agencies and/or organizations for families in need throughout the community. In addition to addressing food insecurity, First Bank has awarded $319,229 in grants to local nonprofits and schools through the Power of Good Grants throughout 2024 with a total of over $640,000 in philanthropic giving, further solidifying its role as a vital partner in uplifting the communities it serves.

The Power of Good Food Drive was held from November 1 – November 30 in honor of Sharon Shaw Adams, a First Bank associate, who passed away in January 2023. Sharon was a Service Excellence champion, the highest level of distinction in First Bank culture, for being an example employee that goes above and beyond. Sharon was a dedicated collector of food items and a relentless warrior against food insecurity. Her passion and commitment to alleviating hunger inspired us all. By organizing this food drive we not only remember her legacy but also carry forward her selfless spirit to combat this pressing issue.

First Bank President, Adam Currie, said of the drive, "Sharon was a phenomenal associate and human. For our second year we are using this food drive to show our appreciation and admiration for her legacy, helping those in our communities. We are so proud to have increased our collections, year over year, and we hope this shows that First Bank is committed to caring for our communities in more ways than just providing banking."

In the 4th Quarter, First Bank awarded its third set of grant funds in 2024 to 40 nonprofits or schools in order to help continue the excellent work they do, totaling $90,000. The recipients for this round include:

Central NC

Charlotte Area

Western NC

Elizabeth Cashwell Elementary
School

Claire's Army Inc.

Asheville GreenWorks

Scotland Family Counseling
Center

Community Care Clinic of
Rowan County

Brush Creek Elementary School

TEAMWORKZ

Community Foundations CDC,
Inc.

Harmony Methodist Church ESL
Program

Uwharrie Charter Academy

Food for Days

No Wrong Door for Support and
Recovery


Rowan Helping Ministries

Saluda Pop-Up Pantry


Thomasville Community
Ministry Inc, dba Cooperative
Community Ministry

The Council on Aging for
Henderson County



Western NC Community Health
Services

 

Triangle Area

Triad Area

Florence, SC Area

Designed for Joy

Bold 2 B U Community

Created to Serve

Helping Education

Growing the Distance, Inc

Greater Florence Habitat for
Humanity

Holly Springs Food Cupboard

Hopefulls, Inc

Lydia's Bowels of Mercy Home,
Inc

Meals on Wheels Durham

Sister Circle International

The Farm at Florence

The Joel Fund


 

Upstate & Midlands SC

Wilmington Area

Eastern NC

Center for Developmental
Services (CDS)

paws4people foundation

Beaufort County Community
College Foundation

Coffee and Cupboard

St.Jude's MCC

Jacksonville Performing Arts
Teen Outreach

HOPE Missions of the Upstate

The Carousel Center

The Partnership for Children of
Wayne County

Upstate Warrior Solution


Learn more about the GOOD being done in the community by First Bank at www.LocalFirstBank.com/Power-of-Good.

About us:

First Bank is the banking subsidiary of First Bancorp and is headquartered in Southern Pines, North Carolina, with total assets of approximately $12.1 billion. As a state-chartered community bank, First Bank operates 113 bank branches in North Carolina and South Carolina and a nationwide SBA platform. Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions, helpful local expertise, and technology to manage a home or business. First Bancorp's common stock is traded on the NASDAQ Global Select Market under the symbol "FBNC." Visit our website at www.LocalFirstBank.com. Member FDIC, Equal Housing Lender.

First Bank team members participating in the 2024 Food Drive

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bank-brings-communities-together-with-2nd-annual-food-drive-and-local-grant-support-302334091.html

SOURCE First Bank

FAQ

How much food did First Bank (FBNC) collect in its 2024 food drive?

First Bank collected 21,750 pounds of food during its 2nd annual food drive in 2024, distributed to over 90 agencies and organizations.

What is the total amount of grants awarded by First Bank (FBNC) in 2024?

First Bank awarded $319,229 in Power of Good Grants in 2024, with total philanthropic giving exceeding $640,000.

How many branches does First Bank (FBNC) currently operate?

First Bank operates 113 bank branches across North Carolina and South Carolina, along with a nationwide SBA platform.

What is First Bank's (FBNC) current total asset value?

First Bank has total assets of approximately $12.1 billion.

How many nonprofits received First Bank (FBNC) grants in Q4 2024?

First Bank awarded grants to 40 nonprofits or schools in Q4 2024, totaling $90,000.

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