SOUTHERN PINES, N.C.,
March 15, 2016 /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 April 25, 2016 to
shareholders of record as of March 31,
2016. The $0.08 per share
dividend rate is the same as the rate declared in the comparable
period of 2015.
First Bancorp is a bank holding company headquartered in
Southern Pines, North Carolina
with total assets of approximately $3.4
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, Greensboro, 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