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 $0.20 per share payable on July 25, 2021 to shareholders of record as of June 30, 2021.  The $0.20 dividend rate represents an 11.1% increase over the dividend rate of $0.18 paid in the comparable period…

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SOUTHERN PINES, N.C. and DUNN, N.C.,- First Bancorp (Nasdaq: FBNC), the parent company of First Bank, and Select Bancorp, Inc. (“Select”) (Nasdaq: SLCT), the parent company of Select Bank and Trust Company (“Select Bank”), announced today the signing of a definitive merger agreement under which First Bancorp will acquire Select in an all-stock transaction with a total current value…

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SOUTHERN PINES, N.C., March 15, 2021 /PRNewswire/ — 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 $0.20 per share payable on April 25, 2021 to shareholders of record as of March 31, 2021.  The $0.20 dividend rate represents an 11.1% increase over the previous dividend rate…

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SOUTHERN PINES, N.C., First Bank, North Carolina’s largest community bank, has created a new corporate social responsibility program its calling the Power of Good. The Power of Good will launch with two initiatives: the first kicks off on March 19, in celebration of the International Day of Happiness on March 20. That Friday, every First Bank employee (including those of…

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SOUTHERN PINES, N.C., — First Bancorp (NASDAQ – FBNC), the parent company of First Bank, announced today net income of $23.6 million, or $0.83 per diluted common share, for the three months ended December 31, 2020 compared to $20.9 million, or $0.71 per diluted common share, recorded in the fourth quarter of 2019.   For the year ended December 31, 2020, the Company recorded net…

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SOUTHERN PINES, N.C, First Bank , North Carolina’s largest community bank, made a number of donations this week to charities within its footprint. These include: NourishNC: to support the construction of a new, larger facility that will increase access to and efficiency of its many programs, as well as provide additional storage for fresh and nonperishable…

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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…

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