PR Newswire
SOUTHERN PINES, N.C., June 15, 2016
SOUTHERN PINES, N.C., June 15, 2016 /PRNewswire/ -- The
Board of Directors of First Bancorp (NASDAQ: FBNC), the parent company of First Bank, has declared a cash dividend on its common
stock of $0.08 per share payable July 25, 2016 to shareholders of
record as of June 30, 2016. The $0.08 per share dividend rate
is the same as the rate declared in the comparable period of 2015.
First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina with
total assets of approximately $3.4 billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that operates 88 branches, with 75 branches operating in North Carolina, 6 branches in South Carolina (Cheraw, Dillon, Florence, and Latta), and 7 branches in Virginia (Abingdon, Blacksburg, Christiansburg, Fort
Chiswell, Radford, Salem and Wytheville), where First Bank does business as First Bank of Virginia.
First Bank also has loan production offices in Charlotte, North Carolina, Greensboro, North Carolina and Greenville, North Carolina. First
Bancorp's common stock is traded on the NASDAQ Global Select Market under the symbol "FBNC."
Please visit our website at www.LocalFirstBank.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-300285076.html
SOURCE First Bancorp