First Bancorp (NASDAQ:FBNC) Files An 8-K Other Events

0

First Bancorp (NASDAQ:FBNC) Files An 8-K Other Events

Item 8.01 Other Events.

First Bancorp announced today the completion of its previously
announced merger withCarolina Bank Holdings, Inc. (Carolina
Bank). The complete text of the news release is attached to this
report as Exhibit 99.1 and is incorporated herein by reference.

Additional Information About the Carolina Bank
Acquisition and Where to Find It

First Bancorp has filed relevant documents concerning the
Carolina Bank acquisition with the SEC, including a registration
statement on Form S-4 which includes a proxy
statement/prospectus. Shareholders of Carolina Bank can obtain a
free copy of the proxy statement/prospectus, as well as other
filings by First Bancorp, at the SECs internet site
(http://www.sec.gov). Copies of the proxy statement/prospectus
and the filings with the SEC that are incorporated by reference
in the proxy statement/prospectus can also be obtained, without
charge, by directing a request to: First Bancorp, 300 SW Broad
Street, Southern Pines, NC, Attention: Investor Relations.

SHAREHOLDERS OF CAROLINA BANK ARE URGED TO READ THE PROXY
STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE
SEC REGARDING THE TRANSACTION, BECAUSE THEY CONTAIN IMPORTANT
INFORMATION ABOUT THE TRANSACTION.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

Exhibit No.

Description

99.1 Press release dated March 3, 2017 announcing the Closing of
the Merger with Carolina Bank Holdings, Inc.


About First Bancorp (NASDAQ:FBNC)

First Bancorp is the bank holding company for First Bank (the Bank). The Company’s principal activity is the ownership and operation of First Bank. The Company engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Company offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Company 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 that allows them to deposit checks through their smartphone. The Company offers remote deposit capture for its business customers. The Company conducts business from approximately 90 branches. The Bank’s subsidiaries include First Bank Insurance Services, Inc. (First Bank Insurance) and First Troy SPE, LLC.

First Bancorp (NASDAQ:FBNC) Recent Trading Information

First Bancorp (NASDAQ:FBNC) closed its last trading session up +0.15 at 30.13 with 85,828 shares trading hands.