First Bank Achieves Notable Ranking Among US Public Banks by S&P Global Market Intelligence

First Bank Recognized in Top 15 of U.S. Public Banks

On March 23, 2026, First Bank (NASDAQ: FBNC), a premier regional bank focused on the Carolinas, received a significant accolade from S&P Global Market Intelligence, ranking as the 14th best public bank in the United States among those with assets exceeding $10 billion. This ranking is based on an evaluation of the financial performance in the year 2025, taking into account various metrics such as growth, profitability, and the overall safety and soundness of the institution.

This annual assessment highlights public banks through a meticulous methodology, positioning First Bank as a top performer within a competitive landscape. Richard Moore, the Chief Executive Officer of First Bancorp, expressed his pride in the recognition, stating, “This ranking is a meaningful reflection of the disciplined approach we've taken to growth, service, and long-term performance.” Moore emphasized the importance of the trust that clients place in their services, pointing out that such achievements are a direct result of their dedicated team and strong community relationships.

The accolade further cements First Bank's long-standing commitment to delivering sustainable value while ensuring a robust balance sheet. The bank has built a reputation not only for its financial stability but also for its deep-rooted relationship-driven approach, which remains central to its operational ethos as it expands. As the organization continues its growth trajectory, First Bank is committed to enhancing client relationships, investing in community development, and establishing a solid foundation for future achievements.

First Bank, which functions as the banking arm of First Bancorp, is headquartered in Southern Pines, North Carolina, and boasts total assets of approximately $12.7 billion. It operates 113 branches across North and South Carolina. Founded in 1935, First Bank has carved out a niche by delivering tailored banking services paired with local expertise, aiming to help customers realize their financial goals and aspirations.

This recent recognition aligns with First Bank's strategic vision, as it adapts to the various challenges and opportunities present in today's banking environment. With a priority on responsible banking practices, First Bank seeks to maintain its standing as a pillar of trust and reliability in the financial sector.

In conclusion, this commendable ranking from S&P Global Market Intelligence is more than just a number for First Bank; it signifies the dedication of a team committed to exceptional service and fostering meaningful relationships with clients. As it advances, First Bank will persist in focusing on long-term growth strategies while ensuring the utmost safety and satisfaction of its clientele.

For more information about First Bank and its services, visit www.LocalFirstBank.com. First Bank is a member of FDIC and an equal housing lender.