SOUTHERN PINES, N.C.,
March 15, 2017 /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, 2017 to shareholders of
record as of March 31, 2017.
The $0.08 per share dividend rate is
the same as the rate declared in the comparable period of 2016.
First Bancorp is a bank holding company headquartered in
Southern Pines, North Carolina,
with total assets of approximately $4.3
billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that
operates 96 branches in North
Carolina and South Carolina. First Bank also has a
loan production office in Raleigh, North Carolina. 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