FIRST BANCORP /NC/
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 25, 2026
FBNC$64.81-0.8%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Loss)
| Year Ended December 31, | |||
|---|---|---|---|
| ($ in thousands) | 2025 | 2024 | 2023 |
| Net income | $111,048 | $76,215 | $104,131 |
| Other comprehensive income (loss): | |||
| Unrealized gains (losses) on securities available for sale: | |||
| Unrealized holding gains (losses) arising during the period, pretax | 102,306 | (5,316) | 43,343 |
| Tax (expense) benefit | (24,607) | 2,043 | (9,279) |
| Reclassification to realized losses | 71,627 | 37,981 | — |
| Tax benefit | (16,508) | (8,869) | — |
| Postretirement plans: | |||
| Net (losses) gains arising during period | (102) | 111 | (607) |
| Tax benefit (expense) | 23 | (26) | 141 |
| Amortization of unrecognized net actuarial (losses) gains | (111) | 100 | (545) |
| Tax benefit (expense) | 26 | (23) | 126 |
| Reclassification of net actuarial losses due to settlement to realized losses | — | — | 998 |
| Tax benefit | — | — | (232) |
| Other comprehensive income (loss) | 132,654 | 26,001 | 33,945 |
| Comprehensive income (loss) | $243,702 | $102,216 | $138,076 |
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