FIRST BANCORP /NC/
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
FBNC$64.81-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| ($ 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, 2023 | 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 | ||||
| Net income | 111,048 | 111,048 | |||||||||
| Cash dividends declared ($0.91 per common share) | (37,716) | (37,716) | |||||||||
| Change in Rabbi Trust Obligation | 263 | (263) | — | ||||||||
| Stock repurchases | (25) | (991) | (991) | ||||||||
| Stock option exercises | 84 | 1,491 | 1,491 | ||||||||
| Stock withheld for payment of taxes | (39) | (1,692) | (1,692) | ||||||||
| Stock-based compensation | 99 | 3,763 | 3,763 | ||||||||
| Other comprehensive income | 132,654 | 132,654 | |||||||||
| Balances, December 31, 2025 | 41,466 | $973,884 | $829,659 | $(885) | $885 | $(149,375) | $1,654,168 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.