First Bancorp (NASDAQ:FBNC) operates as the bank holding company for First Bank, offering a broad range of commercial and consumer banking services. Its core offerings include business lending, treasury and cash management, residential and commercial mortgage financing, and consumer deposit products. Through its subsidiary, First Bank provides online and branch-based banking solutions, including checking and savings accounts, certificate of deposits, and digital banking tools designed to meet the needs of individuals, small- to mid-sized businesses, and professional institutions.
The company maintains a network of full-service banking centers and loan production offices across North Carolina and South Carolina, with a focus on markets in the Piedmont, Sandhills and coastal regions. In addition to traditional branch services, First Bancorp has expanded its footprint through selective acquisitions, enhancing its ability to serve clients in both urban and rural communities. Complementing its core banking operations, the company offers wealth management, trust services and insurance products, delivered through dedicated teams of financial advisors and insurance professionals.
Founded in 1935 and headquartered in Southern Pines, North Carolina, First Bancorp has grown from a single community bank into a regional financial institution. Over its history, the company has pursued a strategy of disciplined growth, combining organic expansion with acquisitions that align with its focus on customer service and local-market leadership. First Bancorp’s executive leadership team brings extensive experience in banking and finance, guiding the company’s efforts to deepen client relationships and enhance digital capabilities while maintaining a community-oriented approach.
