First Bancorp (FBNC)

First Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	597.98	507.51	237.86	270.32	461.16	367.29
Investment Securities	672.26	656.69	773.19	814.54	620.47	260.82
Trading Asset Securities	-	0.3	0.3	-	-	-
Mortgage-Backed Securities	2,008	1,906	1,950	2,060	2,535	1,368
Total Investments	2,680	2,563	2,723	2,875	3,156	1,628
Gross Loans	8,419	8,095	8,150	6,667	6,083	4,735
Allowance for Loan Losses	-120.95	-122.57	-109.85	-90.97	-78.79	-52.39
Other Adjustments to Gross Loans	-	-	-0.18	-1.4	-1.7	-3.7
Net Loans	8,298	7,972	8,040	6,574	6,003	4,679
Property, Plant & Equipment	155.14	157.26	168.06	152.92	156.81	138.02
Goodwill	478.75	478.75	478.75	364.26	364.26	239.27
Other Intangible Assets	18.53	22.9	29.51	8.67	12.36	9.58
Loans Held for Sale	4.03	5.94	2.67	1.28	80.26	48.35
Accrued Interest Receivable	35.99	36.33	37.35	29.71	25.9	20.27
Long-Term Deferred Tax Assets	-	105.66	107.65	117.03	40.05	-
Other Real Estate Owned & Foreclosed	1.72	4.97	0.86	0.66	3.07	2.42
Other Long-Term Assets	470.86	284.41	266.94	216.62	201.97	151.24
Total Assets	12,750	12,148	12,115	10,625	10,509	7,290
Interest Bearing Deposits	6,988	6,802	6,297	5,385	5,419	3,499
Institutional Deposits	312.26	360.85	355.21	276.32	357.36	564.37
Non-Interest Bearing Deposits	3,581	3,368	3,380	3,566	3,349	2,210
Total Deposits	10,881	10,531	10,032	9,228	9,125	6,274
Short-Term Borrowings	-	0.3	529.35	216.59	-	-
Current Portion of Long-Term Debt	-	-	-	0.94	-	-
Current Portion of Leases	0.45	1.8	-	-	-	-
Accrued Interest Payable	4.44	4.6	5.7	2.74	0.61	0.9
Long-Term Debt	14.33	13.75	22.98	-	-	-
Federal Home Loan Bank Debt, Long-Term	0.77	0.8	0.85	0.9	1.97	5.13
Long-Term Leases	14.11	12.75	17.8	19.39	21.19	17.87
Trust Preferred Securities	77.32	77.32	77.32	69.08	65.41	56.7
Pension & Post-Retirement Benefits	-	3.15	3.35	3.52	4.66	5.98
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.45
Other Long-Term Liabilities	154.35	57.07	53.61	52.77	59.85	35.7
Total Liabilities	11,147	10,702	10,743	9,593	9,278	6,396
Common Stock	973.24	971.31	963.99	725.15	722.67	400.58
Retained Earnings	823.48	756.33	716.42	648.42	532.87	478.49
Comprehensive Income & Other	-193.4	-282.03	-308.03	-341.98	-24.97	14.35
Total Common Equity	1,603	1,446	1,372	1,032	1,231	893.42
Shareholders' Equity	1,603	1,446	1,372	1,032	1,231	893.42
Total Liabilities & Equity	12,750	12,148	12,115	10,625	10,509	7,290
Total Debt	106.98	106.73	648.31	306.9	88.58	79.7
Net Cash (Debt)	490.99	401.08	-410.16	-36.58	372.58	287.59
Net Cash Growth	-23.02%	-	-	-	29.55%	-
Net Cash Per Share	11.85	9.70	-9.96	-1.03	12.41	9.92
Filing Date Shares Outstanding	41.47	41.36	41.13	40.88	35.65	28.49
Total Common Shares Outstanding	41.47	41.35	41.11	35.7	35.63	28.58
Book Value Per Share	38.67	34.96	33.38	28.89	34.54	31.26
Tangible Book Value	1,106	943.96	864.12	658.66	853.96	644.57
Tangible Book Value Per Share	26.67	22.83	21.02	18.45	23.97	22.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q