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FBNC| Name | Value |
|---|---|
| Revenues | 101.2M |
| Cost of Revenue | 18.4M |
| Gross Profit | 82.8M |
| Operating Expense | -64.0M |
| Operating I/L | 37.3M |
| Other Income/Expense | -20.7M |
| Interest Income | 121.2M |
| Pretax | 37.3M |
| Income Tax Expense | 7.9M |
| Net Income/Loss | 29.4M |
First Bancorp is a bank holding company operating through its subsidiary, First Bank, offering a range of banking products and services in North Carolina and northeastern South Carolina. The company generates revenue through deposit products, including checking, savings, and money market accounts, as well as loans for consumer and commercial purposes, such as business, real estate, personal, and automobile loans. Additionally, it provides credit and debit cards, electronic funds transfer services, investment and insurance products, and financial planning services. With 121 branches, the company also offers internet and mobile banking, cash management, and remote deposit capture services.
