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

First Bancorp (NASDAQ:FBNC) Files An 8-K Other EventsItem 8.01 – Other Events

                Item 9.01 – Financial Statements and Exhibits                                 Exhibit 99 (a) News Release dated March 15, 2017      

 

Item 8.01 — Other Events

On March 15, 2017, the Registrant issued a news release to announce a cash dividend. The Registrant reported that its board of directors had declared a cash dividend of 8 cents per share on its common stock payable on April 25, 2017 to shareholders of record as of March 31, 2017.

Item 9.01 – Financial Statements and Exhibits

Exhibit 99(a) – News Release dated March 15, 2017

 

Disclosures About Forward Looking Statements

The discussions included in this document and its exhibits may contain forward looking statements within the meaning of the Private Securities Litigation Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be forward looking statements. Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” or other statements concerning opinions or judgments of the Company and its management about future events. The accuracy of such forward looking statements could be affected by such factors as, including but not limited to, the financial success or changing conditions or strategies of the Company’s customers or vendors, fluctuations in interest rates, actions of government regulators, the availability of capital and personnel or general economic conditions.

 

      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 +0.23 at 29.04 with 25,585 shares trading hands.

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