FBNC FIRST BANCORP /NC/

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business model: Regional bank providing commercial and consumer loans, deposit services, and related financial products
• • New derivative program launched in 2023 offering customer interest rate swaps with back-to-back dealer hedges, not designated as hedge accounting
• • Strategic emphasis on risk management via derivatives despite minimal previous activity, impacting earnings volatility due to fair value changes
• • Total assets grew to $12.67B in 2025 from $12.15B in 2024; net income surged to $111M, up 46% YoY, boosted by higher net interest income
• • Noninterest income turned negative (-$7.9M) in 2025, a notable divergence from positive historical trends up to $73.6M in 2021

Risk Factors

• • Regulatory risk: FDIC focus on uninsured deposits stability after 2023 bank failures, requiring robust liquidity risk management and contingency funding planning
• • Macroeconomic threat: Local Carolinas market exposure with CRE values fluctuating and US market delinquency rates elevated impacting loan collateral
• • Operational risk: High concentration in commercial and industrial loans to small and middle-market businesses with heightened economic vulnerability
• • Competitive risk: Potential impact from changing borrower behavior including tariff changes and government policies affecting loan repayment capacity
• • Financial risk: Liquidity risk from significant uninsured deposits potentially impairing funding access and net interest margin during high interest rate periods

Management Discussion & Analysis

• • Revenue: Net interest income $398.2M in 2025, up $66.0M (19.9%) YoY from $332.3M in 2024
• • Profitability: Net interest margin 3.40% in 2025 vs 2.89% in 2024; effective tax rate 20.4% in 2025 vs 22.3% in 2024
• • Segments: Non-interest income fell to -$7.9M in 2025 from $17.9M in 2024 due to $71.6M securities losses; largest loan segment Non-owner occupied commercial real estate $2.84B (33% of loans)
• • Cash flow/capital: No direct cash flow or capital allocation details disclosed in this section
• • Outlook/risks: Management notes stable economic forecasts but highlights credit risks from Hurricane Helene impact and ongoing CECL provisioning adjustments

What are the latest FBNC SEC filings in 2026?

FIRST BANCORP /NC/ (FBNC) has filed a 10-K annual report on February 25, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on July 22, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did FBNC file its most recent 10-K annual report?

FIRST BANCORP /NC/ (FBNC) filed its most recent 10-K annual report on February 25, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view FBNC 10-Q quarterly reports?

FIRST BANCORP /NC/ (FBNC)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every FBNC 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has FBNC filed recently?

FIRST BANCORP /NC/ (FBNC)'s most recent 8-K was filed on July 22, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find FBNC insider trading activity (Form 4)?

SignalX aggregates every FBNC Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does FBNC file with the SEC?

FIRST BANCORP /NC/ (FBNC) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new FBNC filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for FIRST BANCORP /NC/ (FBNC).

What is FBNC's SEC CIK number?

FIRST BANCORP /NC/ (FBNC)'s SEC CIK (Central Index Key) number is 811589. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 811589 to look up all FBNC filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find FBNC return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from FIRST BANCORP /NC/ (FBNC) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.