First Bancorp 8-K, filed Dec 15, 2023
First Bancorp (FBNC)
8-K
2023-12-15
For: 2023-12-15
View Original
Added on
April 09, 2026
About this 8-K
First Bancorp filed this 8-K on December 15, 2023.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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First Bancorp
INDEX
| Page | |||||
| Item 8.01 – Other Events | 3 | ||||
| Item 9.01 – Financial Statements and Exhibits | 3 | ||||
| Signatures | 4 | ||||
| 5 | |||||
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Item 8.01 – Other Events
On December 15, 2023, First Bancorp (the "Company") issued a news release to announce a cash dividend.
The Company reported that its board of directors had declared a cash dividend of $0.22 per share on its common stock payable on January 25, 2024 to shareholders of record as of December 31, 2023.
Item 9.01 – Financial Statements and Exhibits
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| FIRST BANCORP | ||||||||||||||||||||
| December 15, 2023 | By: | /s/ Richard H. Moore | ||||||||||||||||||
| Richard H. Moore | ||||||||||||||||||||
| Chief Executive Officer | ||||||||||||||||||||
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News Release
For Immediate Release: | For More Information, | |||||||||||||
| December 15, 2023 | Contact: Hillary Kestler | |||||||||||||
704-644-4137 | ||||||||||||||
First Bancorp Announces Cash Dividend
Southern Pines, NC, December 15, 2023 - The Board of Directors of First Bancorp (NASDAQ: FBNC) (the “Company”), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on January 25, 2024 to shareholders of record as of December 31, 2023.
Richard Moore, Chief Executive Officer of First Bancorp, stated, “It is important to us to use our capital to provide a return to our shareholders, and payment of the dividend is a critical part of our capital management. We are pleased to do so for another quarter as we close out a difficult year in our industry and look forward to 2024.”
First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of approximately $12 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 118 branches in North Carolina and South Carolina. First Bank also provides SBA loans to customers through its nationwide network of lenders - for more information on First Bank’s SBA lending capabilities, please visit www.firstbanksba.com. First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol “FBNC.” Please visit our website at www.LocalFirstBank.com.