Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - FIRST BANCORP /NC/ | form8k-110018_fbnc.htm |
News
Release
|
For
Immediate Release:
|
For
More Information,
|
|
August
24, 2010
|
Contact: Jerry
L. Ocheltree
|
|
910-576-6171
|
First
Bancorp Announces Cash Dividend
TROY,
N.C. – The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent
company of First Bank, has declared a cash dividend of $0.08 per share payable
October 25, 2010 to shareholders of record as of September 30,
2010. The $0.08 per share dividend rate is the same as the rate
declared in the comparable period of 2009.
First
Bancorp is a bank holding company headquartered in Troy, North Carolina with
total assets of approximately $3.3 billion. Its principal activity is
the ownership and operation of First Bank, a state-chartered community bank that
operates 92 branches, with 77 branches operating in the central piedmont and
coastal regions of North Carolina, 9 branches in South Carolina (Cheraw, Dillon,
Florence, Latta, Jefferson, and Little River), and 5 branches in Virginia
(Abingdon, Christiansburg, Dublin, Fort Chiswell, Radford, and Wytheville),
where First Bank does business as First Bank of Virginia. First Bank also has a
loan production office in Blacksburg, Virginia. First Bancorp’s common stock is
traded on the NASDAQ Global Select Market under the symbol “FBNC.”
Please
visit our website at www.FirstBancorp.com. For additional
information, please contact:
Mr.
Jerry L. Ocheltree
President
& Chief Executive Officer