shares of First Bancorp (North Carolina) (FBNC) on
First Bancorp operates as a bank holding company, which engages banking activities, with the acceptance of deposits and the making of loans. The company is headquartered in Troy, North Carolina and currently employs 1,054 full-time employees. The firm’s principal activity is the ownership and operation of First Bank. The Bank engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Bank offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Bank offers Internet banking, mobile banking, cash management and bank-by-phone capabilities to its customers. The company also offers a mobile check deposit feature for its mobile banking customers to deposit checks through their smartphone. The Bank offers remote deposit capture for its business customers. The firm provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles.