First Bancorp Files 8-K on Financials

Ticker: FBNC · Form: 8-K · Filed: Apr 24, 2024 · CIK: 811589

Sentiment: neutral

Topics: financial-results, sec-filing

Related Tickers: FBNC

TL;DR

FBNC filed an 8-K on 4/24 detailing financial results.

AI Summary

On April 24, 2024, First Bancorp (NC) filed an 8-K report. The filing primarily concerns the company's results of operations and financial condition, along with financial statements and exhibits. No specific financial figures or significant events were detailed in the provided excerpt.

Why It Matters

This filing provides an update on First Bancorp's financial performance and condition, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition of First Bancorp, along with Financial Statements and Exhibits.

When was this 8-K report filed?

This 8-K report was filed on April 24, 2024.

What is the company's full legal name as stated in the filing?

The company's full legal name is First Bancorp.

In which state is First Bancorp incorporated?

First Bancorp is incorporated in North Carolina.

What is the business address of First Bancorp?

The business address of First Bancorp is 300 SW Broad Street, Southern Pines, NC 28387.

Filing Stats: 758 words · 3 min read · ~3 pages · Grade level 13.5 · Accepted 2024-04-24 16:06:00

Filing Documents

02 – Results of Operations and Financial Condition 3

Item 2.02 – Results of Operations and Financial Condition 3

01 – Financial Statements and Exhibits 3

Item 9.01 – Financial Statements and Exhibits 3 Signatures 3 Exhibit 99.1 News Release dated April 24, 2024 4 2

02 - Results of Operations and Financial Condition

Item 2.02 - Results of Operations and Financial Condition On April 24, 2024, First Bancorp (the "Registrant" or "Company") issued an earnings release to announce its financial results for the three month period ended March 31, 2024. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. Consequently, it is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Such materials may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K.

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit 99.1 – News Release issued on April 24 , 2024 Disclosures About Forward Looking Statements This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements are inherently subject to risks and uncertainties. Forward-looking statements are statements that include projections, predictions, expectations or beliefs about future events or results or otherwise are not statements of historical fact. Such statements are often characterized by the use of qualifying words (and their derivatives) such as "expect," "believe," "estimate," "plan," "project," "anticipate," or other statements concerning opinions or judgments of the Company and its management about future events. Factors that could influence the accuracy of such forward-looking statements include, but are not limited to, the financial success or changing strategies of the Company's customers, the Company's level of success in integrating acquisitions, actions of government regulators, the level of market interest rates, and general economic conditions. For additional information about the factors that could affect the matters discussed in this paragraph, see the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements. The Company is also not responsible for changes made to the press release by wire services, internet services or other media.

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. First Bancorp April 24, 2024 By: /s/ Richard H. Moore Richard H. Moore Chief Executive Officer 3

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