FIRST BANCORP NC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
FBNC$65.31+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| ($ in thousands, except per share data) · Common stock · Retainedearnings · Stock in rabbi trust assumed in acquisition · Rabbi trust obligation · Accumulated other comprehensive income (loss) · Totalshareholders’ equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | ||||||||||
| Balances, January 1, 2022 | 35,629 | $722,671 | $532,874 | $(1,803) | $1,803 | $(24,970) | $1,230,575 | ||||
| Net income | 146,936 | 146,936 | |||||||||
| Cash dividends declared ($0.88 per common share) | (31,392) | (31,392) | |||||||||
| Change in Rabbi Trust Obligation | 218 | (218) | — | ||||||||
| Stock withheld for payment of taxes | (25) | (840) | (840) | ||||||||
| Stock-based compensation | 100 | 3,322 | 3,322 | ||||||||
| Other comprehensive loss | (317,005) | (317,005) | |||||||||
| Balances, December 31, 2022 | 35,704 | 725,153 | 648,418 | (1,585) | 1,585 | (341,975) | 1,031,596 | ||||
| Net income | 104,131 | 104,131 | |||||||||
| Cash dividends declared ($0.88 per common share) | (36,129) | (36,129) | |||||||||
| Change in Rabbi Trust Obligation | 200 | (200) | — | ||||||||
| Equity issued pursuant to acquisition | 5,033 | 229,489 | 229,489 | ||||||||
| Stock option exercises | 237 | 4,519 | 4,519 | ||||||||
| Stock withheld for payment of taxes | (23) | (743) | (743) | ||||||||
| Stock-based compensation | 159 | 5,572 | 5,572 | ||||||||
| Other comprehensive income | 33,945 | 33,945 | |||||||||
| Balances, December 31, 2023 | 41,110 | 963,990 | 716,420 | (1,385) | 1,385 | (308,030) | 1,372,380 | ||||
| Net income | 76,215 | 76,215 | |||||||||
| Cash dividends declared ($0.88 per common share) | (36,308) | (36,308) | |||||||||
| Change in Rabbi Trust Obligation | 237 | (237) | — | ||||||||
| Stock option exercises | 192 | 4,094 | 4,094 | ||||||||
| Stock withheld for payment of taxes | (38) | (1,691) | (1,691) | ||||||||
| Stock-based compensation | 83 | 4,920 | 4,920 | ||||||||
| Other comprehensive income | 26,001 | 26,001 | |||||||||
| Balances, December 31, 2024 | 41,347 | $971,313 | $756,327 | $(1,148) | $1,148 | $(282,029) | $1,445,611 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.