SOUTHERN PINES, N.C., The Board of Directors of First Bancorp (NASDAQ – FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.18 per share payable on January 25, 2021 to shareholders of record as of December 31, 2020.  The $0.18 dividend rate is the same rate that was paid in the previous quarter.

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of approximately $7.1 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 101 branches in North Carolina and South Carolina.  First Bank also provides SBA loans to customers through its nationwide network of lenders – for more information on First Bank’s SBA lending capabilities, please visit www.firstbanksba.com.  First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol “FBNC.”

www.LocalFirstBank.com.

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