First Bancorp

First Bancorp operates as a bank holding company for First Bank, focusing on providing a comprehensive range of banking products and services to individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. The bank offers various deposit products, including checking, savings, and money market accounts, as well as time deposits like certificates of deposit and individual retirement accounts. Additionally, First Bank provides loans for both consumer and commercial needs, covering areas such as business, real estate, personal, home improvement, and automobiles, alongside residential mortgages and small business administration loans. The company also facilitates credit and debit card services, safe deposit rentals, and electronic funds transfers, while offering internet and mobile banking solutions. Beyond traditional banking, First Bancorp provides investment and insurance products, including mutual funds, annuities, life insurance, and financial planning services. Established in 1934 and headquartered in Southern Pines, North Carolina, First Bancorp operates 101 branches within the region.