Overview / Commentary
First Bank (NC) is headquartered in SOUTHERN PINES and is the 4th largest bank in the state of North Carolina. It is also the 143rd largest bank in the nation. It was established in 1934 and as of December of 2023, it had grown to 1,421 employees at 121 locations. First Bank (NC) has an A+ health rating.
Health
A+
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15019 |
| Year Established | 1934 |
| Employees | 1421 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 8.31% |
| Annual Interest Income | $488.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $12.11B$10.63B |
| Loans | Q4 2023vs Q4 2022 | $8.04B$6.58B |
| Deposits | Q4 2023vs Q4 2022 | $10.04B$9.23B |
| Equity Capital | Q4 2023vs Q4 2022 | $1.48B$1.1B |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $109.9MM$91MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $21.4MM$22.1MM |
| Real Estate Owned | Q4 2023vs Q4 2022 | $862K$658K |
