First Bancorp


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First Bancorp (NASDAQ: FBNC) is a bank holding company headquartered in Southern Pines, North Carolina. It operates as First Bank in North and South Carolina. If pending deals are completed, the company will have assets totaling $4.1 billion in early 2017. First Bank is the sixth largest bank in North Carolina. It has 82 branches across North Carolina including branches in Asheville, Charlotte, Winston-Salem, and Wilmington. First Bank also operates nine branches in the South Carolina communities of Cheraw, Dillon, Florence, Latta, Jefferson, and Little River. First Bancorp has two additional subsidiaries: Montgomery Data Services, Inc. and First Bank Insurance Services, Inc., which in February 2010 bought The Insurance Center, Inc.