FIRST BANCORP NC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
FBNC$65.31+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders’ Equity
Index
Consolidated Statements of Shareholders’ Equity
| ($ and share data in thousands - unaudited) · Common Stock · RetainedEarnings · Stock inRabbiTrustAssumedinAcquisition · RabbiTrustObligation · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||
| Balances, July 1, 2023 | 41,083 | $960,851 | $674,933 | $(1,365) | $1,365 | $(338,142) | $1,297,642 | ||||
| Net income | 29,893 | 29,893 | |||||||||
| Cash dividends declared ($0.22 per common share) | (9,035) | (9,035) | |||||||||
| Change in Rabbi Trust Obligation | (10) | 10 | — | ||||||||
| Stock options exercised | 2 | 66 | 66 | ||||||||
| Stock-based compensation | — | 1,727 | 1,727 | ||||||||
| Other comprehensive loss | (62,610) | (62,610) | |||||||||
| Balances, September 30, 2023 | 41,085 | $962,644 | $695,791 | $(1,375) | $1,375 | $(400,752) | $1,257,683 | ||||
| Balances, July 1, 2024 | 41,188 | $967,239 | $752,294 | $(1,139) | $1,139 | $(315,191) | $1,404,342 | ||||
| Net income | 18,680 | 18,680 | |||||||||
| Cash dividends declared ($0.22 per common share) | (9,093) | (9,093) | |||||||||
| Change in Rabbi Trust Obligation | (9) | 9 | — | ||||||||
| Stock options exercised | 111 | 2,324 | 2,324 | ||||||||
| Stock withheld for payment of taxes | (11) | (478) | (478) | ||||||||
| Stock-based compensation | 52 | 1,365 | 1,365 | ||||||||
| Other comprehensive income | 60,385 | 60,385 | |||||||||
| Balances, September 30, 2024 | 41,340 | $970,450 | $761,881 | $(1,148) | $1,148 | $(254,806) | $1,477,525 | ||||
Index
Consolidated Statements of Shareholders’ Equity
| ($ and share data in thousands - unaudited) · Common Stock · RetainedEarnings · Stock inRabbiTrustAssumedinAcquisition · RabbiTrustObligation · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||
| Balances, January 1, 2023 | 35,704 | $725,153 | $648,418 | $(1,585) | $1,585 | $(341,975) | $1,031,596 | ||||
| Net income | 74,457 | 74,457 | |||||||||
| Cash dividends declared ($0.66 per common share) | (27,084) | (27,084) | |||||||||
| Change in Rabbi Trust Obligation | 210 | (210) | — | ||||||||
| Equity issued related to acquisition | 5,033 | 229,489 | 229,489 | ||||||||
| Stock options exercised | 195 | 3,769 | 3,769 | ||||||||
| Stock withheld for payment of taxes | (6) | (186) | (186) | ||||||||
| Stock-based compensation | 159 | 4,419 | 4,419 | ||||||||
| Other comprehensive loss | (58,777) | (58,777) | |||||||||
| Balances, September 30, 2023 | 41,085 | $962,644 | $695,791 | $(1,375) | $1,375 | $(400,752) | $1,257,683 | ||||
| Balances, January 1, 2024 | 41,110 | $963,990 | $716,420 | $(1,385) | $1,385 | $(308,030) | $1,372,380 | ||||
| Net income | 72,664 | 72,664 | |||||||||
| Cash dividends declared ($0.66 per common share) | (27,203) | (27,203) | |||||||||
| Change in Rabbi Trust Obligation | 237 | (237) | — | ||||||||
| Stock options exercised | 163 | 3,429 | 3,429 | ||||||||
| Stock withheld for payment of taxes | (15) | (604) | (604) | ||||||||
| Stock-based compensation | 82 | 3,635 | 3,635 | ||||||||
| Other comprehensive income | 53,224 | 53,224 | |||||||||
| Balances, September 30, 2024 | 41,340 | $970,450 | $761,881 | $(1,148) | $1,148 | $(254,806) | $1,477,525 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.