What does First Bank (FBNC) do?

First Bancorp (FBNC) is a bank holding company based in Southern Pines, North Carolina. It operates First Bank, a community bank serving North Carolina and South Carolina with approximately 113-118 branches and total assets of about $12-12.8 billion. First Bank has a rich history dating back to 1935 and has expanded through several key acquisitions, enhancing its presence across the Carolinas and into Virginia. First Bank offers a comprehensive range of financial services for individuals, businesses, and institutions. These include various deposit products such as checking and savings accounts, a wide array of loans including commercial and residential mortgages, and payment services like credit and debit cards, mobile banking, and cash management. Additionally, the bank provides investment and insurance options, including mutual funds, annuities, and financial planning services. With a focus on local expertise and technology, First Bancorp aims to meet the diverse needs of its community.