First Bank Ranked #14 Among U.S. Public Banks by S&P Global Market Intelligence

First Bancorp Celebrates Top Ranking in U.S. Public Banks

First Bank, a key player in the regional banking sector based in Southern Pines, North Carolina, reaches a significant achievement by being ranked #14 among U.S. public banks with over $10 billion in assets, according to the latest evaluation by S&P Global Market Intelligence. This annual ranking focuses on various performance metrics, including growth, profitability, and safety, illustrating First Bank's solid standing within the competitive landscape of American financial institutions. This acknowledgment not only enhances the bank's reputation but also highlights its commitment to excellence.

Under the leadership of CEO Richard Moore, First Bank continues to exemplify a disciplined approach to growth and service. Moore emphasizes that this ranking reflects the bank's dedicated team and the trust cultivated with clients over the years. The ranking serves as both a testament to First Bank's operational strategy and a motivator for the staff to continue delivering exceptional service. With total assets around $12.7 billion and a sprawling network of 113 branches across North and South Carolina, the bank focuses on relationship-driven banking and creating long-term value for its customers and communities.

Incorporated in 1935, First Bank adopts a tailored approach to its financial services, integrating top-tier solutions with local expertise to help customers meet their financial objectives. This proactive approach not only strengthens First Bank's community ties but also nurtures sustainable growth, allowing the institution to reinforce its roots while expanding its footprint. The recent ranking highlights First Bank's growth trajectory and dedication to fostering a robust, customer-centric banking experience in an ever-evolving financial landscape.

In addition to this commendable ranking, First Bank remains committed to enhancing its customer service and product offerings to better suit the needs of its clients. As the banking sector continues to face various challenges, First Bank focuses on innovation and community involvement, ensuring it remains a trusted financial partner for both individuals and businesses alike.

The bank’s stock is traded on the NASDAQ Global Select Market under the symbol "FBNC," and it operates as a member of the FDIC, emphasizing its compliance with safety standards in the financial sector. Interested individuals can explore more about First Bank and its range of services by visiting their official website at www.LocalFirstBank.com.