First Bank

North Carolina – Montgomery – Troy

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

15019

1934

FDIC Certificate Number: 15019
FDIC's unique number: 9417
The FDIC Field Office where an institution is physically located: Charlotte

Federal Reserve ID Number: 216922
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 98
Number of Foreign Offices: 0
The date of the last data update: 2011-01-25

1934-01-01 Institution established. Original name: Bank Of Montgomery.
1985-02-20 Changed name to First Bank .
1987-07-10 Acquired The Bank Of Candor in Candor, North Carolina.
1994-08-26 Acquired Central State Bank in High Point, North Carolina.
1995-12-15 Acquired First Scotland Bank in Laurinburg, North Carolina.
2000-11-17 Acquired First Savings Bank Of Moore County, Inc., SSB in Southern Pines, North Carolina.
2001-09-18 Acquired Home Savings, SSB in Thomasville, North Carolina.
2003-05-16 Acquired Carolina Community Bank, National Association in Latta, South Carolina.
2008-05-16 Acquired Sentry Bank & Trust in Cheraw, South Carolina.
2009-06-20 Acquired Cooperative Bank in Wilmington, North Carolina as part of a government assisted transaction.
2011-01-21 Acquired The Bank Of Asheville in Asheville, North Carolina as part of a government assisted transaction.

Total assets: $3,333,170,000
Total deposits: $2,753,411,000
Deposits held in domestic offices: $2,753,411,000
Equity capital: $393,816,000

Net income: $11,001,000

Return on Assets: 0.66
Return on Equity: 5.72
Last updated on: 2011-10-20

Bank Holding Company: First Bancorp

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Profile ID: LFUS-BAB-P-23874

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