Results of Operations and Financial Condition On July 22, 2026, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended June 30, 2026. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. Conseque…

Entry into a Material Definitive Agreement Agreement and Plan of Merger and Reorganization On July 14, 2026, First Bancorp, the holding company for First Bank, Southern Pines, North Carolina, entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with First Carolina Bancshares Corporation (“First Carolina”), the holding company for Carolina Bank & Trust Company (“Carolina Bank”), Florence, South Carolina. Under the Merger Agreement, First Carolina will merge…

Other Events On June 12, 2026, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.24 per share on its common stock payable on July 24, 2026 to shareholders of record as of June 30, 2026.

Director — Kate Nevin and Peter Hans: Appointment of new directors to enhance governance and bring diverse expertise.

Results of Operations and Financial Condition On April 22, 2026, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended March 31, 2026. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. Conseq…

Other Events On March 13, 2026, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.24 per share on its common stock payable on April 27, 2026 to shareholders of record as of March 31, 2026.

President and CEO — Michael G. Mayer: Michael G. Mayer retired from his executive roles but continues as a director.

Director — Mary Clara Capel: The filing announces the retirement of a director, which is a routine board change and not the departure of a principal executive officer.

OTHER EVENTS On January 27, 2026, the Company announced that the Board of Directors of the Company has authorized the Company’s management to implement a stock repurchase plan for up to $40.0 million of the Company’s outstanding Common Stock. Repurchases under the plan may be made in the open market, in privately negotiated transactions or otherwise, subject to the terms of the plan, market conditions and other factors. Open market purchases will be made within the pricing, volume and other r…

Results of Operations and Financial Condition On January 21, 2026, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended December 31, 2025. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. C…

Other Events On December 12, 2025, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.23 per share on its common stock payable on January 25, 2026 to shareholders of record as of December 31, 2025.

Director — G. Adam Currie: The filing announces the appointment of the existing CEO to the boards of directors, which is a routine governance action and not a departure.

Results of Operations and Financial Condition On October 22, 2025, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended September 30, 2025. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1.…

Other Events On September 12, 2025, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.23 per share on its common stock payable on October 25, 2025 to shareholders of record as of September 30, 2025.

Results of Operations and Financial Condition On July 23, 2025, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended June 30, 2025. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. Conseque…

Other Events On June 13, 2025, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.23 per share on its common stock payable on July 25, 2025 to shareholders of record as of June 30, 2025.

Results of Operations and Financial Condition On April 23, 2025, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended March 31, 2025. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. Conseq…

Other Events On March 14, 2025, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.22 per share on its common stock payable on April 25, 2025 to shareholders of record as of March 31, 2025.

Changes in Registrant’s Certifying Accountant. The Audit Committee (the “Committee”) of the Board of Directors of First Bancorp (the “Company”) recently completed a review of independent registered accounting firms to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. As a result of this review and careful deliberation, on March 6, 2025, the Committee approved the engagement of Crowe LLP (“Crowe”) as the Company’s independent reg…

Entry into a Material Definitive Agreement The Company announced on February 6, 2025 that it, its bank subsidiary, First Bank (the “Bank”), and Michael G. Mayer have entered into an Amended and Restated Employment Agreement, effective February 7, 2025 (the “Agreement”). Under the Agreement, Mr. Mayer will continue to serve as President of the Company but will relinquish his office as Chief Executive Officer of the Bank. The Company also announced on February 6, 2025 that the Company, the Bank…

Other Events The Company has announced that the Board of Directors of the Company has authorized the Company’s management to implement a stock repurchase plan for up to $40.0 million of the Company’s outstanding Common Stock. Repurchases under the plan may be made in the open market, in privately negotiated transactions or otherwise, subject to the terms of the plan, market conditions and other factors. Open market purchases will be made within the pricing, volume and other requirements of Ru…

CEO — Adam Currie: The filing announces the internal promotion of Adam Currie from President of the Bank to CEO, with no indication of a sudden departure or loss of a senior executive.

Results of Operations and Financial Condition On January 29, 2025, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended December 31, 2024. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1. C…

Other Events On December 13, 2024, First Bancorp (the "Company") issued a news release to announce a cash dividend. The Company reported that its board of directors had declared a cash dividend of $0.22 per share on its common stock payable on January 25, 2025 to shareholders of record as of December 31, 2024.

Results of Operations and Financial Condition On October 23, 2024, First Bancorp (the “Registrant” or “Company”) issued an earnings release to announce its financial results for the three month period ended September 30, 2024. The earnings release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release is furnished as Exhibit 99.1.…