First Bancorp (NASDAQ:FBNC) Files An 8-K Other Events
Item8.01 Other Events
|Item9.01 Financial Statements and Exhibits|
|Exhibit99 (a)News Release dated June 15, 2017|
Item 8.01 Other Events
On June 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 July 25, 2017 to shareholders of
record as of June 30, 2017.
Item9.01 Financial Statements and Exhibits
Exhibit 99(a) News Release dated June 15, 2017
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.