Part I. Financial Information [Item 1 - Financial Statements](index=4&type=section&id=Item%201%20-%20Financial%20Statements) This section presents the unaudited consolidated financial statements for First Bancorp as of March 31, 2022, and for the three months ended March 31, 2022 and 2021. It includes the Balance Sheets, Statements of Income, Comprehensive Income, Shareholders' Equity, and Cash Flows, along with detailed Notes to the Financial Statements covering key accounting policies and financial details [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) As of March 31, 2022, First Bancorp's total assets increased to $10.65 billion from $10.51 billion at year-end 2021. The growth was driven by a $260.5 million increase in total deposits, which reached $9.39 billion. Total loans remained relatively stable at $6.06 billion, while total shareholders' equity decreased to $1.12 billion from $1.23 billion, primarily due to a significant increase in accumulated other comprehensive loss Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2022 (unaudited) | December 31, 2021 | | :--- | :--- | :--- | | **Total Assets** | **$10,652,060** | **$10,508,901** | | Total cash and cash equivalents | $565,759 | $461,162 | | Net loans | $5,982,629 | $6,002,926 | | Securities available for sale | $2,685,048 | $2,630,414 | | Goodwill | $364,263 | $364,263 | | **Total Liabilities** | **$9,534,570** | **$9,278,326** | | Total deposits | $9,385,147 | $9,124,629 | | **Total Shareholders' Equity** | **$1,117,490** | **$1,230,575** | | Accumulated other comprehensive loss | ($164,955) | ($24,970) | [Consolidated Statements of Income](index=5&type=section&id=Consolidated%20Statements%20of%20Income) For the three months ended March 31, 2022, net income was $34.0 million, an increase from $28.2 million in the same period of 2021. The growth was primarily driven by a 39.2% increase in net interest income to $76.9 million. This was partially offset by a $2.0 million provision for credit losses (compared to none in Q1 2021) and a 6.9% decrease in noninterest income. Diluted EPS was $0.95, compared to $0.99 in Q1 2021, reflecting a higher share count Q1 2022 vs Q1 2021 Income Statement (in thousands, except per share data) | Metric | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net Interest Income | $76,878 | $55,238 | | Provision for credit losses | $2,000 | $0 | | Noninterest Income | $19,251 | $20,669 | | Noninterest Expenses | $51,465 | $40,065 | | **Net Income** | **$33,969** | **$28,194** | | **Diluted EPS** | **$0.95** | **$0.99** | | Dividends declared per common share | $0.22 | $0.20 | [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the first three months of 2022, net cash provided by operating activities was $100.1 million, a significant increase from $30.7 million in the prior-year period. Net cash used in investing activities was $249.0 million, mainly for purchases of securities. Net cash provided by financing activities was $253.5 million, driven by a $260.8 million net increase in deposits. This resulted in a net increase in cash and cash equivalents of $104.6 million Cash Flow Summary (in thousands) | Activity | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net cash provided by operating activities | $100,143 | $30,733 | | Net cash used by investing activities | ($249,025) | ($318,053) | | Net cash provided by financing activities | $253,479 | $450,096 | | **Increase in cash and cash equivalents** | **$104,597** | **$162,776** | [Notes to Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes provide detailed explanations of the company's accounting policies and financial data. Key areas include the composition of the securities portfolio, detailed analysis of the loan portfolio and credit quality, goodwill and intangible assets, borrowings, lease obligations, fair value measurements, and revenue recognition. The company adopted no new significant accounting standards in Q1 2022 - The company's securities portfolio totaled **$3.2 billion** at fair value as of March 31, 2022, with available-for-sale securities at **$2.69 billion** and held-to-maturity at **$0.55 billion**. Unrealized losses increased significantly due to rising interest rates[34](index=34&type=chunk) - Total loans were **$6.06 billion**, with commercial real estate being the largest category at **$3.23 billion (53%)**. Paycheck Protection Program (PPP) loans decreased to **$15.6 million** from **$39.0 million** at year-end 2021[44](index=44&type=chunk) - Nonperforming assets decreased to **$48.9 million (0.46% of total assets)** from **$52.6 million** at year-end 2021. The allowance for credit losses on loans was **$82.1 million**, or **1.35% of total loans**[51](index=51&type=chunk)[69](index=69&type=chunk) - Goodwill remained unchanged at **$364.3 million**. Amortizable intangible assets, primarily core deposit intangibles, had a net book value of **$16.9 million**[87](index=87&type=chunk) [Management's Discussion and Analysis of Results of Operations and Financial Condition](index=35&type=section&id=Item%202%20%E2%80%93%20Management%27s%20Discussion%20and%20Analysis%20of%20Consolidated%20Results%20of%20Operations%20and%20Financial%20Condition) Management discusses the financial results for Q1 2022, highlighting a 39.2% increase in net interest income to $76.9 million, driven by the Select Bancorp acquisition and organic growth. Net income rose to $34.0 million. The report details performance in key areas including net interest margin, noninterest income and expenses, credit quality, and capital adequacy. The company remains well-capitalized, with a Common Equity Tier 1 ratio of 12.85%. Management also addresses the ongoing, though lessening, impact of COVID-19 and the critical accounting policies related to the allowance for credit losses and goodwill [Overview and Highlights](index=35&type=section&id=Overview%20and%20Highlights) In Q1 2022, net income reached $34.0 million ($0.95 diluted EPS), up from $28.2 million in Q1 2021. The increase was driven by a 39.2% rise in net interest income, largely due to the Select Bancorp acquisition. Total assets grew to $10.7 billion, and deposits increased by 2.9% to $9.4 billion. The company remains well-capitalized with a CET1 ratio of 12.85% - The acquisition of Select Bancorp, Inc. on October 15, 2021, significantly impacted year-over-year financial comparisons, contributing **$1.8 billion** in assets, **$1.3 billion** in loans, and **$1.6 billion** in deposits at the acquisition date[150](index=150&type=chunk) Q1 2022 Financial Highlights vs. Q1 2021 | Metric | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Net Income | $34.0M | $28.2M | | Diluted EPS | $0.95 | $0.99 | | Net Interest Income | $76.9M | $55.2M | | Noninterest Income | $19.3M | $20.7M | | Noninterest Expense | $51.5M | $40.1M | - Total assets reached **$10.7 billion**, a **1.4%** increase from year-end 2021, while deposits grew **2.9%** to **$9.4 billion** during the quarter[156](index=156&type=chunk)[157](index=157&type=chunk) [Results of Operations](index=38&type=section&id=RESULTS%20OF%20OPERATIONS) Net interest income grew 39.2% to $76.9 million in Q1 2022, driven by higher earning asset volumes from the Select acquisition and organic growth, despite a slight compression in the tax-equivalent net interest margin to 3.21%. Noninterest income decreased by 6.9% to $19.3 million, mainly due to lower mortgage banking and SBA consulting fees. Noninterest expenses rose 28.5% to $51.5 million, including $3.5 million in merger-related costs Net Interest Income Analysis (Tax-Equivalent) | Metric | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Net Interest Income (Tax-Equivalent) | $77.6M | $55.7M | | Net Interest Margin (Tax-Equivalent) | 3.21% | 3.27% | - Noninterest income declined primarily due to a **$3.4 million** decrease in mortgage fees, a **$2.0 million** decrease in SBA consulting fees, and a **$1.2 million** decrease in insurance commissions following the sale of an insurance subsidiary[197](index=197&type=chunk)[198](index=198&type=chunk)[199](index=199&type=chunk) - Noninterest expenses increased by **$11.4 million**, which included **$3.5 million** in merger and acquisition expenses. The remaining increase was driven by higher operating costs from the expanded operations post-Select acquisition[201](index=201&type=chunk)[202](index=202&type=chunk) - The effective tax rate for Q1 2022 was **20.4%**, down from **21.3%** in Q1 2021, due to a higher proportion of tax-exempt income[206](index=206&type=chunk) [Financial Condition](index=44&type=section&id=FINANCIAL%20CONDITION) As of March 31, 2022, total assets stood at $10.7 billion. Total loans were stable at $6.1 billion, as core growth was offset by PPP loan forgiveness. Total deposits grew by $260.5 million (2.9%) during the quarter to $9.4 billion, primarily in transaction accounts. Nonperforming assets improved, decreasing to 0.46% of total assets. The allowance for credit losses (ACL) was 1.35% of total loans. The company remains well-capitalized, with all regulatory capital ratios exceeding minimum requirements - Total loans decreased by **$17.0 million (0.3%)** in Q1 2022, mainly due to the forgiveness of PPP loans offsetting organic growth in commercial real estate and residential mortgages[208](index=208&type=chunk) - Total deposits increased by **$260.5 million (2.9%)** from year-end 2021, reaching **$9.4 billion**, with growth concentrated in transaction accounts[209](index=209&type=chunk) Asset Quality Ratios | Ratio | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Nonperforming assets to total assets | 0.46% | 0.50% | | Allowance for credit losses to total loans | 1.35% | 1.30% | Regulatory Capital Ratios | Ratio | March 31, 2022 | Minimum Required | | :--- | :--- | :--- | | Common Equity Tier 1 (CET1) | 12.85% | 7.00% | | Tier 1 Capital | 13.74% | 8.50% | | Total Risk-Based Capital | 14.99% | 10.50% | [Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Item%203%20%E2%80%93%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company identifies interest rate risk as its most significant market risk, as net interest income is its largest earnings component. Management uses gap reports and earnings simulation models to analyze this risk. As of March 31, 2022, the company is liability-sensitive over a one-year horizon based on a static gap analysis, but asset-sensitive in the short-term (less than 12 months) due to the repricing characteristics of its assets and liabilities. Management expects to benefit from the anticipated rise in interest rates in the near-term, assuming stable funding costs, but notes that a flat yield curve presents an unfavorable environment - Interest rate risk is the company's most significant market risk, managed through analysis of asset/liability repricing and maturity schedules[241](index=241&type=chunk) - In the short-term (less than twelve months), the company is generally asset-sensitive, meaning net interest income benefits from rising interest rates. This is because interest-sensitive assets tend to reprice faster and more fully than interest-sensitive liabilities[245](index=245&type=chunk) - The company anticipates that rising short-term rates in 2022 may benefit its net interest margin, provided funding costs remain stable. However, a flat long-term yield curve and market competition for loans could continue to pressure margins[247](index=247&type=chunk)[249](index=249&type=chunk) [Controls and Procedures](index=50&type=section&id=Item%204%20%E2%80%93%20Controls%20and%20Procedures) Based on an evaluation conducted by management, including the CEO and CFO, as of the end of the period covered by this report, the company's disclosure controls and procedures were concluded to be effective. There were no material changes in internal control over financial reporting during the quarter - The CEO and CFO concluded that the company's disclosure controls and procedures are effective for ensuring timely and accurate reporting as required by the SEC[251](index=251&type=chunk) - No changes occurred during the quarter that materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[251](index=251&type=chunk) Part II. Other Information [Legal Proceedings](index=50&type=section&id=Item%201%20%E2%80%93%20Legal%20Proceedings) The company and its subsidiaries are not involved in any pending legal proceedings that management believes would be material to the company's consolidated financial position - There are no material pending legal proceedings against the Company or its subsidiaries[252](index=252&type=chunk) [Risk Factors](index=50&type=section&id=Item%201A%20%E2%80%93%20Risk%20Factors) There have been no material changes from the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2021 - No material changes have been identified from the risk factors set forth in the Company's 2021 Annual Report on Form 10-K[253](index=253&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=51&type=section&id=Item%202%20%E2%80%93%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company did not repurchase any of its common stock during the first quarter of 2022. On February 7, 2022, a new $40 million share repurchase program was authorized, expiring on December 31, 2022. As of March 31, 2022, the full $40 million authorization remained available - The Company did not repurchase any shares during the first three months of 2022[131](index=131&type=chunk)[255](index=255&type=chunk) - A **$40 million** share repurchase program was authorized on February 7, 2022. As of March 31, 2022, the full **$40 million** was available for repurchase[255](index=255&type=chunk) [Exhibits](index=52&type=section&id=Item%206%20%E2%80%93%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including certifications by the CEO and CFO, and XBRL data files. Various agreements are incorporated by reference from previous filings - The report includes required certifications from the Chief Executive Officer and Chief Financial Officer pursuant to the Sarbanes-Oxley Act of 2002[258](index=258&type=chunk) - Financial statements and notes are provided in XBRL format as part of the filing[258](index=258&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------|-------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | --- | |-------------------------------------------------|----------------------------------------------------------|------------------------------ ...

Part I. Financial Information [Item 1 - Financial Statements](index=4&type=section&id=Item%201%20-%20Financial%20Statements) This section presents First Bancorp's unaudited consolidated financial statements and accompanying notes for the three and six months ended June 30, 2021 [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) Total assets increased to **$8.20 billion**, driven by significant deposit growth, while net loans and securities available for sale also rose Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2021 | December 31, 2020 | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **$8,200,582** | **$7,289,751** | **+12.5%** | | Net Loans | $4,717,042 | $4,678,927 | +0.8% | | Securities Available for Sale | $2,115,153 | $1,453,132 | +45.6% | | **Total Deposits** | **$7,171,358** | **$6,273,596** | **+14.3%** | | Total Liabilities | $7,296,072 | $6,396,330 | +14.1% | | Total Shareholders' Equity | $904,510 | $893,421 | +1.2% | [Consolidated Statements of Income](index=5&type=section&id=Consolidated%20Statements%20of%20Income) Net income significantly increased in Q2 and H1 2021, primarily due to a lower provision for credit losses, despite a decrease in noninterest income Key Income Statement Data (in thousands, except per share data) | Metric | Q2 2021 | Q2 2020 | YoY Change | H1 2021 | H1 2020 | YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $58,759 | $52,624 | +11.7% | $113,997 | $107,383 | +6.2% | | Provision for Credit Losses | $1,939 | $19,298 | -89.9% | $1,939 | $24,888 | -92.2% | | **Net Income** | **$29,285** | **$16,352** | **+79.1%** | **$57,479** | **$34,532** | **+66.5%** | | Diluted EPS | $1.03 | $0.56 | +83.9% | $2.02 | $1.18 | +71.2% | [Notes to Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) These notes detail accounting policies, including CECL adoption, portfolio breakdowns, asset quality, and recent corporate actions like a subsidiary sale and pending acquisition - The Company adopted the Current Expected Credit Loss (CECL) standard on January 1, 2021, resulting in a transition adjustment that increased the allowance for credit losses on loans by **$14.6 million** and on unfunded commitments by **$7.5 million**, leading to a net decrease in retained earnings of **$17.1 million**[38](index=38&type=chunk)[40](index=40&type=chunk) - On June 1, 2021, the Company announced a definitive merger agreement to acquire Select Bancorp, Inc. in an all-stock transaction valued at approximately **$314.3 million**, with the transaction expected to close in Q4 2021[205](index=205&type=chunk) - On June 30, 2021, the Company completed the sale of its property and casualty insurance agency subsidiary, First Bank Insurance Services, for an initial price of **$13.0 million**, resulting in a pre-tax gain of **$1.7 million** and the derecognition of **$10.2 million** in intangible assets[155](index=155&type=chunk)[204](index=204&type=chunk) [Item 2 – Management's Discussion and Analysis of Consolidated Results of Operations and Financial Condition](index=49&type=section&id=Item%202%20%E2%80%93%20Management%27s%20Discussion%20and%20Analysis%20of%20Consolidated%20Results%20of%20Operations%20and%20Financial%20Condition) Management discusses the company's financial performance, highlighting earnings growth driven by lower credit costs, balance sheet expansion, and strategic corporate actions [Financial Overview](index=50&type=section&id=Financial%20Overview) Net income per share significantly increased in Q2 and H1 2021, primarily due to lower credit costs, alongside strong deposit and non-PPP loan growth - Higher earnings in 2021 were primarily driven by lower credit costs compared to 2020[222](index=222&type=chunk) - Non-PPP loans grew by **$244 million** in Q2 2021, an annualized rate of **22.3%**, indicating a recovery in loan demand[220](index=220&type=chunk) - Total deposits increased by **$898 million** in H1 2021, an annualized growth rate of **28.9%**, attributed to stimulus funds, changes in customer behavior, and company initiatives[220](index=220&type=chunk)[236](index=236&type=chunk) [Components of Earnings](index=52&type=section&id=Components%20of%20Earnings) Net interest income grew due to higher earning assets, though net interest margin declined, while noninterest income decreased due to the absence of prior year's securities gains - Net interest margin declined by **27 basis points** YoY in Q2 2021 to **3.22%**, primarily due to lower interest rates and a higher proportion of lower-yielding securities and cash on the balance sheet[257](index=257&type=chunk)[259](index=259&type=chunk) - The company recorded no provision for loan losses in H1 2021, compared to a **$24.9 million** provision in H1 2020, which was the primary driver of increased net income[264](index=264&type=chunk) - Q2 2021 noninterest income decreased by **18.4%** YoY, mainly because there were no securities sales, compared to an **$8.0 million** gain from securities sales in Q2 2020[265](index=265&type=chunk)[274](index=274&type=chunk) - A gain of **$1.7 million** was recognized in Q2 2021 from the sale of the First Bank Insurance Services subsidiary[274](index=274&type=chunk) [Financial Condition](index=61&type=section&id=Financial%20Condition) Total assets grew to **$8.2 billion**, driven by strong deposit growth, while asset quality improved with a decrease in nonperforming assets and an increased allowance for loan losses Asset Quality Data (in thousands) | Metric | June 30, 2021 | Dec 31, 2020 | | :--- | :--- | :--- | | Total Nonperforming Assets | $41,845 | $46,997 | | Nonperforming Assets to Total Assets | 0.51% | 0.64% | | Allowance for Loan Losses to Total Loans | 1.36% | 1.11% | - Strong non-PPP loan growth of **$244 million** (**22.3%** annualized) was recorded in Q2 2021, signaling a recovery from pandemic-related soft demand[287](index=287&type=chunk) - The allowance for unfunded commitments increased to **$10.0 million** at June 30, 2021, from **$0.6 million** at year-end 2020, mainly due to a **$7.5 million** adjustment upon CECL adoption and a **$1.9 million** provision in Q2 2021[315](index=315&type=chunk) [Capital Resources](index=68&type=section&id=Capital%20Resources) The company remained well-capitalized by all regulatory standards, with capital ratios comfortably above minimum requirements despite a slight decline due to balance sheet growth Key Capital Ratios | Ratio | June 30, 2021 | Dec 31, 2020 | Minimum Required | | :--- | :--- | :--- | :--- | | Common Equity Tier 1 | 12.81% | 13.19% | 7.00% | | Tier 1 Capital | 13.80% | 14.28% | 8.50% | | Total Risk-Based Capital | 15.05% | 15.37% | 10.50% | | Tier 1 Leverage | 9.43% | 9.88% | 4.00% | [Item 3 – Quantitative and Qualitative Disclosures About Market Risk](index=69&type=section&id=Item%203%20%E2%80%93%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is interest rate risk, which management actively monitors, with the current low-rate environment pressuring net interest margin - The company is currently in a very low and flat interest rate curve environment, which pressures the net interest margin by narrowing the spread between loan yields and deposit costs[338](index=338&type=chunk) - As of June 30, 2021, the company has **$6.2 million** in remaining deferred PPP loan fees to be recognized as interest income, with the majority expected to be realized by Q1 2022[342](index=342&type=chunk) - The remaining loan discount on acquired loans was **$5.3 million** at June 30, 2021, with the timing of its accretion into income being volatile and dependent on loan payoffs and credit performance[343](index=343&type=chunk) [Item 4 – Controls and Procedures](index=71&type=section&id=Item%204%20%E2%80%93%20Controls%20and%20Procedures) The company's disclosure controls and procedures were deemed effective by management, with no material changes to internal control over financial reporting - Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of June 30, 2021[345](index=345&type=chunk) Part II. Other Information [Item 1 – Legal Proceedings](index=71&type=section&id=Item%201%20%E2%80%93%20Legal%20Proceedings) The company and its subsidiaries are not involved in any material pending legal proceedings - There are no material legal proceedings pending against the Company or its subsidiaries[346](index=346&type=chunk) [Item 1A – Risk Factors](index=72&type=section&id=Item%201A%20%E2%80%93%20Risk%20Factors) No material changes to the company's previously disclosed risk factors were reported from the 2020 Annual Report on Form 10-K - No material changes to risk factors were reported from the company's 2020 Form 10-K[348](index=348&type=chunk) [Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds](index=72&type=section&id=Item%202%20%E2%80%93%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company did not repurchase shares in Q2 2021, but repurchased **$4.0 million** in H1 2021, with **$16.0 million** remaining under authorization - No shares were repurchased in the second quarter of 2021[332](index=332&type=chunk)[349](index=349&type=chunk) - As of June 30, 2021, the company had remaining authorization to repurchase up to **$16.0 million** of its common stock under a program announced in January 2021[350](index=350&type=chunk) [Item 6 – Exhibits](index=73&type=section&id=Item%206%20%E2%80%93%20Exhibits) This section lists exhibits filed with the Form 10-Q, including CEO and CFO certifications and XBRL-formatted financial data

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | --- | |-------------------------------------------------|----------------------------------------------------------|---------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------|-------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------|----------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large Accelerated Filer ☒ Accelerated Filer ☐ Non-Accelerated Filer ☐ Smaller Reporting Company ☐ Emerging growth company ☐ FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 (State or Other Jurisdiction of Incorporation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 Commission File Number 0-15572 FIRST BANCORP (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1421916 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------|-------- ...