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Monday, November 30, 2009, 11:26PM ET - U.S. Markets Closed. Dow Up 0.34% Nasdaq Up 0.29%
First Bancorp (FBNC)At 4:00PM ET: 13.01  Up 0.18 (1.40%)  
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First Bancorp
341 North Main Street
Troy, NC 27371-0508
United States - Map
Phone: 910-576-6171
Fax: 910-576-1010
Web Site: http://www.firstbancorp.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:612

BUSINESS SUMMARY 
First Bancorp operates as a bank holding company for First Bank that provides a range of banking services to individuals and small to medium-sized businesses. The company offers deposit products, such as checking, savings, NOW, and money market accounts, as well as time deposits, including certificates of deposits and individual retirement accounts. It also provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement, and automobiles. In addition, First Bancorp offers credit cards, debit cards, letters of credit, safe deposit box rentals, bank money orders, and electronic funds transfer services comprising wire transfers. Additionally, it provides Internet banking, cash management, and bank-by-phone capabilities, as well as offers access to ATMs. Further, the company engages in the placement of property and casualty insurance products. First Bancorp, through its subsidiary, Montgomery Data Services, Inc., also provides electronic data processing services. As of December 31, 2008, it operated 74 branches, including 63 in North Carolina, 6 in South Carolina, and 5 in Virginia. The company was founded in 1934 and is headquartered in Troy, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    First Bancorp's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 75.8% of Russell 3000 companies and 84.9% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jerry L. Ocheltree , 49
    Chief Exec. Officer, Pres, Treasurer, Director, Member of Exec. Committee, Pres of First Bank of First Bank
    $ 520.00K $ 0
    Mr. Eric P. Credle , 40
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of First Bank and Exec. VP of First Bank
    $ 293.00K $ 0
    Ms. Anna G. Hollers , 58
    Chief Operating Officer, Exec. VP, Sec., Chief Operating Officer of First Bank, Exec. VP of First Bank and Sec. of First Bank
    $ 378.00K $ 9.00K
    Mr. John F. Burns , 61
    Exec. VP, Director, Exec. VP of First Bank of First Bank
    $ 273.00K $ 17.00K
    Mr. R. Walton Brown , 56
    Exec. VP, Director, Exec. VP of First Bank of First Bank
    $ 22.00KN/A
    Dollar amounts are as of 31-Dec-08 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.
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