Current Report Filing (8-k)
October 16 2015 - 10:09AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street NW
Washington, D.C. 29549
___________________
Form 8-K
___________________
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): |
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October 16, 2015 |
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First Bancorp
(Exact Name of Registrant as Specified in
its Charter)
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North Carolina |
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0-15572 |
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56-1421916 |
(State or Other Jurisdiction |
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(Commission |
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(I.R.S. Employer |
of Incorporation) |
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File Number) |
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Identification Number) |
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300 SW Broad Street, Southern Pines, North Carolina |
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28387 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(910) 246-2500
(Registrant’s telephone number, including
area code)
Not Applicable
(Former Name or Former Address, if changed
since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
First Bancorp
INDEX
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Item 8.01 – Other Events |
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3 |
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Signatures |
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4 |
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Item 8.01 — Other Events
On October 16, 2015, the Registrant redeemed
the remaining $31.5 million (31,500 shares) of the outstanding Non-Cumulative Perpetual Preferred Stock, Series B (“SBLF
Stock”) that had been issued to the United States Secretary of the Treasury in September 2011 related to the Registrant’s
participation in the Small Business Lending Fund. The shares were redeemed from the existing capital of the Registrant at their
liquidation value of $1,000 per share plus accrued dividends. With this redemption, the Registrant has redeemed all of its outstanding
SBLF stock.
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 thereunto duly authorized.
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First Bancorp |
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October 16, 2015 |
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By: |
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/s/ Richard H. Moore |
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Richard H. Moore |
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President and Chief Executive Officer |
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