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    First Bancorp (FBNC)

    -NasdaqGS
    17.56 Down 0.06(0.34%) 4:00PM EDT
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    First Bancorp
    300 SW Broad Street
    Southern Pines, NC 28387
    United States - Map
    Phone: 910-246-2500
    Website: http://www.localfirstbank.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Regional - Mid-Atlantic Banks
    Full Time Employees:770

    Business Summary 

    First Bancorp operates as the bank holding company for First Bank that provides various banking products and services for individuals and small to medium-sized businesses primarily in North Carolina, Southwestern Virginia, and Northeastern South Carolina. It accepts various deposit products, including checking, savings, and money market accounts, as well as time deposits comprising certificates of deposits and individual retirement accounts. The company also provides loans for various consumer and commercial purposes, such as loans for business, agriculture, real estate, personal uses, home improvement, and automobiles. In addition, it offers credit cards, debit cards, letters of credit, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and Internet banking, mobile banking, cash management, bank-by-phone services, ATM, and remote deposit capture services. Further, the company is engaged in the provision of investment and insurance products, which comprise mutual funds, annuities, long-term care insurance, and life insurance, as well as financial planning services; and placement of property and casualty insurance products. It offers access to 67,000 ATMs. As of December 31, 2013, the company operated 96 branches, including 81 branches in North Carolina, 7 branches in South Carolina, and 8 branches in Virginia. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.

    Key Statistics


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    Corporate Governance 
    First Bancorp’s ISS Governance QuickScore as of Mar 1, 2015 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 3; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Richard Hancock Moore , 54
    Chief Exec. Officer, Pres, Treasurer, Director, Member of Exec. & Loan Committee and Director of First Bank
    645.00K0.00
    Mr. Eric P. Credle , 46
    Chief Financial Officer, Chief Financial Officer of First Bank, Exec. VP and Exec. VP of First Bank
    331.00K0.00
    Mr. John F. Burns Jr., 67
    Exec. VP and Exec. VP of First Bank
    252.00K0.00
    Mr. Edward F. Soccorso III, 42
    Co-Chief Credit Officer of First Bank and Exec. VP of First Bank
    233.00K0.00
    Mr. Rex M. Scott , 59
    Chief Operating Officer, Exec. VP, Chief Operating Officer of First Bank and Exec. VP of First Bank
    N/AN/A
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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