CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for First Bancorp (North Carolina) is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

First Bancorp (North Carolina)
300 Sw Broad Street
Phone: (910) 246-2500p:910 246-2500 SOUTHERN PINES, NC  28387  United States Ticker: FBNCFBNC
Business Summary
First Bancorp is a bank holding company. The Company's principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates approximately 118 branches in North Carolina and South Carolina. It maintains a diversified loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. It provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. The Company originates residential mortgages through its mortgage banking division, some of which it sells in the secondary market. Through Magnolia Financial, the Company provides accounts receivable financing and factoring, inventory financing, and purchase order financing. The Company also offers United States Small Business Administration (SBA) loans to small business owners across the nation.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer Richard H.Moore 63 2/2/2022 3/23/2010
President, Chief Executive Officer of First Bank, Director Michael G.Mayer 64 11/15/2023 3/10/2014
Executive Vice President, Chief Financial Officer of the Company and First Bank Elizabeth B.Bostian 44 1/1/2022 12/12/2021
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
ASB Bancorp Inc 11 Church St ASHEVILLE NC United States
Premara Financial Inc. 13024 Ballantyne Corporate Place Charlotte NC United States
Carolina Premier Bank 6225 Blakeney Park Drive Charlotte NC United States
10 additional Subsidiary records available in full report.

Business Names
Business Name
ASB Bancorp Inc
ASHEVILLE SAVINGS BANK SSB
Carolina Bank Holding, Inc.
17 additional Business Names available in full report.

General Information
Number of Employees: 1,396 (As of 12/31/2023)
Outstanding Shares: 41,156,286 (As of 3/31/2024)
Shareholders: 3,635
Stock Exchange: NASD
Federal Tax Id: 561421916
Email Address: cfo@firstbancorp.com


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Friday, April 26, 2024