SOUTHERN PINES,
N.C., Sept. 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 October 25, 2016 to shareholders of record as of
September 30, 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 $3.5
billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that
operates 88 branches in North
Carolina and South Carolina. First Bank also has loan
production offices in the North
Carolina cities of Greensboro, Greenville, and Raleigh. 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.
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SOURCE First Bancorp