First Bank (NC) is headquartered in Southern Pines and is the 4th largest bank in the state of North Carolina. It is also the 155th largest bank in the nation. It was established in 1934 and as of June of 2022, it had grown to 1,199 employees at 113 locations. First Bank (NC) has an A+ health rating.
|FDIC Certificate #||15019|
|Return on Assets - YTD||1.36%|
|Return on Equity - YTD||12.12%|
|Annual Interest Income||$159.5MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$10.57B$8.20B|
|Loans||Q2 2022vs Q2 2021||$6.17B$4.74B|
|Deposits||Q2 2022vs Q2 2021||$9.38B$7.18B|
|Equity Capital||Q2 2022vs Q2 2021||$1.12B$953.3MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$82.2MM$65.0MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$20.6MM$25.6MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$658.00K$826.00K|
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