First Bancorp (FBNC)

Nasdaq: FBNC · State Commercial Banks · Southern Pines, NC · filing with the SEC since 1995

Grade4.3

◀ Past 3.6● Present 5.0▶ Future 4.6

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 25, 2026	Feb 26, 2025	Feb 28, 2024	Feb 28, 2023	Mar 1, 2022	Feb 26, 2021	Feb 28, 2020	Mar 1, 2019	Mar 1, 2018	Mar 15, 2017
Revenue	67,623	70,123	32,816	17,448	25,324	·	·	·	·	·
For lenders
Interest and dividend income	557,235	519,240	488,944^r	341,118^r	255,918	237,684	250,107	231,207	177,382	130,987
Interest expense on deposits and borrowings	158,988	186,967	142,101	16,103	·	·	·	·	·	·
Net interest income	398,247	332,273	346,843^r	325,015^r	246,395	218,122	216,204	207,430	164,711	123,380
Provision for credit losses	11,502	16,448	17,813	12,400	15,031	35,039	2,263	-3,589	723	-23
Net interest income after provision	386,745	315,825	329,030^r	312,615^r	231,364	183,083	213,941	211,019	163,988	123,403
Noninterest income	-7,935	17,899	57,305^r	67,824^r	73,611	81,346	59,529	58,942^r	49,232^r	25,551
Noninterest expense	239,310	235,607	254,379	195,220	184,656	161,298	157,194	156,483^r	145,481^r	106,821
Interest expense	·	·	142,101	16,103	9,523	19,562	33,903	23,777	12,671	7,607
Income before income taxes	139,500	98,117	131,956	185,219	120,319	103,131	116,276	113,478	67,739	42,133
Income tax expense	28,452	21,902	27,825	38,283	24,675	21,654	24,230	24,189	21,767	14,624
Net income	111,048	76,215	104,131	146,936	95,644	81,477	92,046	89,289	45,972	27,509
Preferred dividends	·	·	·	·	·	·	·	·	·	175
Net income to common shareholders	110,428	75,824	103,446	146,157	95,161	81,079	91,596	89,289	45,972	27,334
Earnings per share, basic	2.68	1.85	2.54	4.12	3.19	2.81	3.10	3.02	1.82	1.37
Earnings per share, diluted	2.68	1.84	2.53	4.12	3.19	2.81	3.10	3.01	1.82	1.33
Weighted average shares, basic	41,196,459	41,021,475	40,746,772	35,485,620	29,876,151	28,839,866	29,547,851	29,566,259	25,210,606	19,964,727
Weighted average shares, diluted	41,453,247	41,327,216	41,164,834	35,674,730	30,027,785	28,981,567	29,720,499	29,707,431	25,291,382	20,732,917

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FBNC · research, not advice