BranchWatch

First Bank

Headquartered in Southern Pines, NC. Part of First Bancorp. FDIC certificate #15019 · Federal Reserve RSSD 216922.

Total assets
$12.9B
Deposits
$11.0B
Q1 2026
Active branches
116
Closings since Jan 2020
18
1 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$48M
Return on assets
1.51%
Return on equity
11.21%
Noncurrent loan rate
0.47%

Deposits by year (Summary of Deposits)

5
2019
6
2020
7
2021
9
2022
10
2023
11
2024
11
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2020
2
2021
10
2022
5
2024

Openings by year

1
2020

Other network changes since 2020

  • 12 branch relocations
  • 30 branches acquired through purchases or mergers

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.localfirstbank.com.