Craft

First Bank

Stock Price

$42.2

2024-10-29

Market Capitalization

$1.7 B

2024-10-29

Revenue

$67.6 M

FY, 2025

First Bank Summary

Company Summary

Overview
First Bancorp is the bank holding company for First Bank. The Bank is engaged in a full range of banking activities, with the acceptance of deposits and the making of loans being our most basic activities. First Bank offers deposit products such as checking, savings, and money market accounts, as well as time deposits, including various types of certificates of deposits and individual retirement accounts. The Bank provides loans for a wide range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement, and automobiles. First Bank offers SBA loans to small business owners across the nation. It also offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers.
Type
Public
Status
Active
Founded
1935
Website
https://localfirstbank.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • James Crawford, Chairman

    • Michael G. Mayer

      Michael G. Mayer, CEO & President

      • Don Allred, Retired President and Former Owner

        • Mary Clara Capel, Former Director of Administrative Services

          Operating MetricsView all

          Non-performing Loans

          $43.8M
          34.8%

          Q2, 2017

          Bank Branches

          88

          FY, 2016

          Total Loans

          $3.4B
          29.9%

          Q2, 2017

          LocationsView all

          108 locations detected

          • Aberdeen, NC

            United States

            105 S Sandhills Blvd

          • Albemarle, NC

            United States

            173 N 2nd St

          • Albemarle, NC

            United States

            1910 E Main St

          • Albemarle, NC

            United States

            2317 US-52

          • Albemarle, NC

            United States

            2510 US-52

          • Albemarle, NC

            United States

            602 W Main St

          and 102 others

          First Bank Financials

          Summary Financials

          Revenue (Q1, 2026)
          $15.2M
          Net income (Q1, 2026)
          $46.7M
          Cash (Q1, 2026)
          $135.2M
          Enterprise value
          $1.7B

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