SOUTHERN PINES, N.C.,
Dec. 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 January 25, 2017 to
shareholders of record as of December
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 $3.5
billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that
operates 89 branches in North
Carolina and South Carolina. First Bank also has loan
production offices in the North
Carolina cities of Greensboro 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