Welcome to our dedicated page for First Bancorp N C SEC filings (Ticker: FBNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for First Bancorp (NASDAQ: FBNC), the North Carolina bank holding company for First Bank. Through these filings, investors can review how the company reports its financial condition, results of operations, governance decisions, and other material events in the commercial banking sector.
First Bancorp’s current reports on Form 8-K disclose items such as quarterly earnings releases, dividend declarations, leadership and board changes, and shareholder vote outcomes. For example, recent 8-K filings have reported the company’s financial results for specific quarters, the declaration of cash dividends on common stock, the appointment of executives and directors, and the board’s decision on the frequency of advisory votes on executive compensation.
In addition to 8-Ks, investors can consult First Bancorp’s annual reports on Form 10-K and quarterly reports on Form 10-Q for more detailed information on net interest income, net interest margin, loan and deposit balances, noninterest income and expenses, capital ratios, liquidity measures, and credit quality metrics such as nonperforming assets and allowance for credit losses. These filings explain how the company manages interest rate risk, credit risk, and other factors relevant to a commercial bank operating through First Bank’s branch network in North Carolina and South Carolina.
Regulatory filings also document governance and shareholder matters, including board committee decisions, say-on-pay vote outcomes, and related follow-up actions. Together, these documents form the official record of First Bancorp’s regulatory disclosures and can be used to analyze trends in performance, capital and liquidity, asset quality, and corporate governance over time.
On Stock Titan, users can view First Bancorp’s latest SEC submissions as they are made available through EDGAR and use AI-powered tools to quickly understand the key points in lengthy reports, such as earnings releases and other filed exhibits.
First Bancorp/Southern Pines (FBNC) Schedule 13G/A shows The Vanguard Group reports beneficial ownership of 0 shares (0%) of Common Stock following an internal realignment. The filing states certain Vanguard subsidiaries now report ownership separately under SEC Release No. 34-39538.
The disclosure is administrative: it documents Vanguard's reporting change and confirms no shared or sole voting or dispositive power over the issuer's common stock as reported in this amendment.
First Bancorp is asking shareholders to elect 11 directors, ratify Crowe LLP as 2026 auditors and approve a non-binding Say-on-Pay vote at its April 28, 2026 annual meeting. Only holders of the 41,429,641 shares outstanding on March 6, 2026 may vote, with options to vote online, by phone, mail or in person.
The proxy highlights strong 2025 performance: total assets of $12.7 billion, loans of $8.7 billion, deposits of $10.7 billion and shareholders’ equity of $1.7 billion. Net income was $111.0 million, or $2.68 diluted EPS, versus $76.2 million and $1.84 in 2024. After $71.6 million of securities losses from portfolio restructuring, adjusted net income was $166.1 million and adjusted diluted EPS was $4.01.
Net interest margin expanded from 2.89% to 3.40% as asset yields rose and deposit costs fell. Asset quality remained solid, with nonperforming assets of $37.7 million, or 0.30% of total assets, and net loan charge-offs of $8.6 million, or 0.10% of average loans. Capital levels were well above regulatory “well-capitalized” thresholds, with an 11.21% leverage ratio and 16.12% total risk-based capital ratio.
The Board reports that eight of 11 nominees are independent and all directors stand for annual election. Committees oversee audit, compensation, nominations, risk and loans, and independent directors meet in regular executive sessions. The Compensation Discussion and Analysis describes pay-for-performance programs using both GAAP and non-GAAP metrics, with annual incentives and long-term restricted stock tied to earnings, growth, efficiency and shareholder alignment.
First Bancorp announced that its board of directors has declared a cash dividend of $0.24 per share on its common stock, payable on April 27, 2026 to shareholders of record as of March 31, 2026. This delivers direct cash returns to current equity holders on that record date.
Chief Executive Officer Richard Moore said the decision reflects strong fourth-quarter financial performance, with solid capital and liquidity positions and stable credit quality, and highlighted meaningful growth in adjusted net income and adjusted EPS. First Bancorp, headquartered in Southern Pines, North Carolina, reports total assets of $12.7 billion and operates 113 First Bank branches across North and South Carolina, along with a nationwide SBA lending platform.
FIRST BANCORP /NC/ Chief Accounting Officer Brent Hicks reported an equity compensation grant. On March 6, 2026, he was awarded 613 shares of Restricted Stock at a reference price of $55.93 per share, classified as a grant, award, or other acquisition.
These shares were granted under the Company’s Annual Incentive Plan and vest in three equal installments, with one-third vesting in December 2027, one-third in December 2028, and the final third in December 2029. After this award, his directly held Restricted Stock position reported in the filing is 3,694 shares.
First Bancorp, parent of First Bank, reported a leadership change tied to its succession plan. Michael G. Mayer has retired from his roles at the Company and First Bank effective February 28, 2026. He previously served as President of First Bancorp and Chief Executive Officer of First Bank.
Although retiring from his management positions, Mr. Mayer will remain involved with the organization by continuing to serve on the Boards of Directors of both First Bancorp and First Bank, providing ongoing board-level experience and continuity.
FIRST BANCORP /NC/ President Mayer Michael Goodwin reported tax-related share dispositions in company stock. On February 26, 2026, he used shares of Common Stock to satisfy estimated income taxes triggered by vesting restricted shares. The Form 4 lists three code F transactions, each described as payment of tax liability by delivering securities, at a price of $60.18 per share. These tax-withholding dispositions involved several thousand shares, including blocks of 7,923, 461 and 6,203 shares.
First Bancorp files its annual report describing a $12.7 billion community banking franchise centered in North and South Carolina. As of December 31, 2025, the company reports total loans of $8.7 billion, deposits of $10.7 billion, and shareholders’ equity of $1.7 billion.
The bank operates 113 branches, focuses on diversified commercial and retail lending, and has expanded through acquisitions in the Carolinas and Magnolia Financial’s specialty finance offerings. Management highlights interest-rate, credit, CRE, liquidity, cybersecurity, and regulatory risks, and explains conservative credit policies, CECL-based loss reserves, and extensive supervision under Federal Reserve, FDIC, CFPB and state banking rules.
First Bancorp director James C. Crawford III reported selling 4,500 shares of common stock on February 4, 2026 at $60.57 per share. After this sale, he directly holds 60,700 First Bancorp shares. The filing also reports indirect holdings of 6,600 shares attributed to his children and 8,325 shares attributed to his spouse.
A shareholder of the issuer has filed a notice of proposed sale under Rule 144 covering 4,500 shares of common stock with an aggregate market value of 272,565.00. The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ, with an approximate sale date of 02/04/2026.
The shares were originally acquired on 12/08/2014 through previously exercised options, paid for in cash. By signing the notice, the selling holder represents that they are not aware of any material adverse, non-public information about the issuer’s current or prospective operations.
First Bancorp insider transaction: Retired board member Mary Clara Capel reported selling 5,000 shares of First Bancorp common stock on February 3, 2026, in an open-market transaction coded as a sale ("S"). The reported average price was $59.3108 per share.
After this sale, she directly held 20,399.6201 shares of First Bancorp common stock. The filing notes the sale was executed in multiple trades at various prices, and the filer will provide a full breakdown of the individual trade prices upon request.