# FIRST BANK
SOUTHERN PINES, NC · FDIC certificate 15019 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $13.03B | |
| Deposits | $11.10B | |
| Loans and leases | $9.00B | |
| Total equity | $1.77B | |
| Loans / deposits | 79.95% (p31 of band) | 85.78% |
| Liquid assets / assets | 23.03% (p51 of band) | |
| Uninsured deposits / deposits | 41.00% (p60 of band) | 38.39% |
| Brokered deposits | 0.04% | |
| Wholesale funding | 0.04% (p5 of band) | |
| FHLB advances / assets | 0.01% | |
| Tier 1 leverage | 11.50% (p83 of band) | 10.17% |
| Unrealized securities loss / equity | -15.27% (p20 of band) | -7.43% |
| AOCI / equity | -0.45% (p43 of band) | |
| ROA (annualized) | 1.56% (p76 of band) | 1.24% |
| Net interest margin | 3.82% (p65 of band) | 3.57% |
| Efficiency ratio | 48.12% (p29 of band) | |
| Noncurrent loans | 0.49% (p31 of band) | 0.66% |
| Net charge-offs (annualized) | 0.04% (p29 of band) | |
| Reserve coverage of noncurrent | 282.04% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 47.78% (p75 of band) | |
| Auto loans | $6.6M (0.07% of loans; DQ 0.50%, NCO 0.00%) | |
| Loans to nondepository financials | $4.4M (0% of equity) (p20 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 1396 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | construction >100% equity |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | charge-offs p90 |
| 2012-03 | 3 | losing money, charge-offs p90 |  |
| 2012-06 | 2 |  | charge-offs p90 |
| 2012-09 | 1 |  | losing money |
| 2012-12 | 3 | losing money, charge-offs p90 |  |
| 2013-03 | 2 |  | losing money |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 3 | noncurrent p90 |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 2 |  | noncurrent p90 |
| 2016-03 | 2 |  |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | capital falling |
| 2017-06 | 0 |  | reserve under noncurrent |
| 2017-09 | 1 | capital falling |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 1 | reserve under noncurrent |  |
| 2018-09 | 0 |  | reserve under noncurrent |
| 2018-12 | 1 | reserve under noncurrent |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | reserve under noncurrent |
| 2019-09 | 1 | reserve under noncurrent |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 | capital falling | reserve under noncurrent |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | capital falling |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | securities losses >30% of equity |
| 2024-12 | 1 | securities losses >30% of equity |  |
| 2025-03 | 0 |  | securities losses >30% of equity |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | capital falling |  |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-15 [NC’s First Bank to buy SC lender for $166M - Banking Dive](https://news.google.com/rss/articles/CBMilAFBVV95cUxQRFNSOF9RWDhiREJqbUd3UXRZWVNSd3dvX09UTGNBSEZmWlFBQmtYMTlENmRTLTk5NzZ3aVpBanNHT2NzTDFYQ2NsaWF2LUtOWi12b0MxeWRCX1ZtNlN0cnhTd3hjZXRMNHpCc01QelJRdTdIdWdlSnhCbHZGQ1Zoa3JVdEYxUGJrb095YXZnNWZCNjU2?oc=5) · Banking Dive
- 2026-07-16 [First Bank strikes $166 million deal, expands South Carolina reach - Business North Carolina](https://news.google.com/rss/articles/CBMikgFBVV95cUxPVzBYYTctSU5kcGZ5TUdka0tpc2Z0WmdWVWdKYmRic3BDTFJjQ0FTNXlTU2dtRldTVkZMTnZxSTRNMDhGTlQ0ZlluOU5jT2NKb0Z6NzVIU0pIOG53UnBLRjdQbmRId0lmTFM3Rkx1aFpEV2dSNWxhUTZ1QzRnVDlxS2llRU0zTDJua1F5eVRzekc0Zw?oc=5) · Business North Carolina
- 2026-07-14 [FIRST BANCORP ANNOUNCES ACQUISITION OF FIRST CAROLINA BANCSHARES CORPORATION TO EXPAND ITS SOUTH CAROLINA PRESENCE - PR Newswire](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQTVpTZG1la1hUU1NZeVJZSllCUUJmU2ZDTHV2UUxSaUJ2TDNTeGllbTBscUVadmkyN3hpYlI0SVotME9jcDY1bkRJTWw1VlV6M3ZUZ1R0UkFYa1NXcTlzQ3BHZ19tSmVKakJHc2F5TGxXSkMxeFh0eU1sSjNZZ2N1Z2JueGViUkZQOXZPVVNjWUNxTGFXSGxkcDd2d3hlQ19hOHdqU2FVYVAtcGhPd3Fmd29WMlNEVlFjTmRXQ0JNVnc2SVFtT3d5bGFwc3ZKZjJVSlpqWTFiMV9KU3hPLUVvQ0hCU0F0S3hpRVdZeDVwS1ZEWXpZVlVMNDlHTV96M28?oc=5) · PR Newswire
- 2026-06-26 [Raleigh bank exec sued over trade secrets. Should he be worried? - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPZGd1ak15WGgtd1lFalVqSTdTLXAwYWVjREhmNnBsODNaXzhOM3VLR1lQQkRqWUlTNlhCSVRzWS11b19IeHMzaUl3OEYtaE5GUXdFemxkYm43dkNPZ2t1NWQ1SEpoMWpCVmNRUUNicHQ4SER1eloweHRzTV9iYXlSeFZLbV85c1VFcmo3ck55WllELVdTSVZoQlBSU2c4SFUzZXZpajRZVG0zUQ?oc=5) · The Business Journals
- 2026-04-30 [FIRST BANK APPOINTS ANDY SCOTT AS TRIANGLE REGIONAL EXECUTIVE - Yahoo Finance](https://news.google.com/rss/articles/CBMimwFBVV95cUxQSzBxcTF6OTQ1eDNpR1JGVEZvWW9WRUQ4SXVmRHp5MnZXM3ZDRGpvUHlxdEMwbU5fcVlIUS1tSnJoREdMdGhEX2Nqcm1mZDNJZlBxVUFpSjRPVXk3MkNKbTl1Rlc2RXBYc2V0VDRkaXg5MTgxdEpuU2hVNXRKZDBMXzRudmhWSnQ1VElOSnh1Q1VyS000U0hoNm0wMA?oc=5) · Yahoo Finance
- 2026-01-22 [Banking on community: First Bank sells headquarters to Town of Southern Pines, remains committed to Moore County and invested in its growth - Greater Fayetteville Business Journal](https://news.google.com/rss/articles/CBMiogJBVV95cUxORjNETTFsel9LTzRGRXVySXJxcXZEU2M3ZU5yTWoxLXhfU3N6alVkbC10cjIzZ2ZTZHRvVjhfNnhMTWdheEhvSFFqQWE1NU54VVlFQkpOcHFRZlBmSkJsam54NjNic250V1BkVG1iR2Z2SEdhMGdabzdFTTEtNWFRTFVFYkR2RXJnWHNBNnRqVGE5bjZ4RkNjdTdzZGZ0ZXQ2STdoTmVuRXE1aHloenhfZV84UnRtZGRnR25DbVRGNzZNQUlrZkpmTnBsV1V1YlNQSFZNT3ZEVmw2XzZ3S1RqTlRNeVdKakdiQjMtOTYwZ1dpVG9zSHpXWkEyc21kTFlTaG9HcU1KeWFyZWx6ZUg1dVV5Q1l6R25BQTV5ald0TlYwUQ?oc=5) · Greater Fayetteville Business Journal
- 2026-05-04 [First Bank Appoints Scott as Triangle Regional Executive - ABF Journal](https://news.google.com/rss/articles/CBMijAFBVV95cUxNOUhteVlxWVFsRndpUVdtblhCOVo5OG5rczBTcHJHSS05VExYdTRMY2piSktGbi1La1FWa09JRFFLZUE2cTFoTk9jZTJtbnFNaWRab3Q1R2NWeG42NFN5QWV6aldPLUE1cmJvVW1mcXlQQ2ZtLThHOTRkbmY3NkpzSXFIOTBqMnB4MzdNRg?oc=5) · ABF Journal
- 2026-03-10 [Spotlight On: Andrew Griffin, Regional Executive, First Bank - Capital Analytics Associates](https://news.google.com/rss/articles/CBMingFBVV95cUxNbGJlLWN1WVdlVFNQVzIyb2sxVXRUX0lWRENCbTFTaGIzZGZ1cTNaQlhKOFdrRzgtS3daX2VsUGZMRFhxcGJIVjM4ZmZRUlZRT2pzczlMeks3V2RrWWQ0RW02T3hFUF9wMEhSYlA5MWM5ZzZZYTBjcV9Qd0xwZ2lxSGlBVGI1U2d4Xzl0VVM1cXBEYklaMzh4cmdLWE11dw?oc=5) · Capital Analytics Associates

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15019 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/43.json (key "15019", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide