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)
52019
62020
72021
92022
102023
112024
112025
Values in $ billions, June 30 of each year.
Closings by year
12020
22021
102022
52024
Openings by year
12020
Other network changes since 2020
- 12 branch relocations
- 30 branches acquired through purchases or mergers
Branches by state
Recent closings
- First Bank — Latta, SCbank exits city100 E LEITNER ST · closed May 10, 2024
- First Bank — Cornelius, NCbank exits city18825 W CATAWBA AVE · closed May 10, 2024
- 1910 E MAIN ST · closed May 10, 2024
- 5610 UNIVERSITY PKWY · closed May 10, 2024
- 452 2ND LOOP RD · closed May 10, 2024
- 4505 FALLS OF NEUSE ROAD, SUITE 100/150 · closed March 18, 2022
- First Bank — Holly Springs, NCbank exits city5070 KENTWORTH DRIVE · closed March 18, 2022
- 2939 VILLAGE DRIVE · closed March 18, 2022
- 3158 SOUTH CHURCH STREET · closed March 18, 2022
- 3600 CHARLES BOULEVARD · closed March 18, 2022
- 1001 MILITARY CUTOFF ROAD, SUITE 100 · closed March 18, 2022
- 4400 FAYETTEVILLE ROAD · closed March 18, 2022
- 168 NC HIGHWAY 24 · closed March 18, 2022
- 818 MCKINNEY PARKWAY · closed March 18, 2022
- First Bank — Virginia Beach, VAbank exits city621 NEVAN ROAD · closed January 28, 2022
- First Bank — Spring Lake, NCbank exits city3210 RAY ROAD · closed November 5, 2021
- 206 EAST MONROE STREET · closed July 23, 2021
- 553 EAST PLAZA DRIVE · closed June 26, 2020
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.