SOUTHERN PINES, N.C.,
Dec. 15, 2015 /PRNewswire/ -- The
Board of Directors of First Bancorp (NASDAQ: FBNC), the parent
company of First Bank, has declared a cash dividend on its common
stock of $0.08 per share payable
January 25, 2016 to shareholders of
record as of December 31, 2015.
The $0.08 per share dividend rate is
the same as the rate declared in the comparable period of 2014.
First Bancorp is a bank holding company headquartered in
Southern Pines, North Carolina
with total assets of approximately $3.2
billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that
operates 88 branches, with 75 branches operating in North Carolina, 6 branches in South Carolina (Cheraw, Dillon, Florence, and Latta), and 7 branches in Virginia (Abingdon, Blacksburg, Christiansburg, Fort Chiswell, Radford, Salem and Wytheville), where First Bank does business as
First Bank of Virginia. First Bank
also has loan production offices in Charlotte, North Carolina, and Greenville, North Carolina. 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.
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SOURCE First Bancorp