FIRST BANCORP /NC/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $123.4m $164.7m $207.4m $216.2m $218.1m $246.4m $324.9m $32.8m $70.1m $67.6m
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $2.1m $2.3m $2.5m $2.6m $2.5m $2.9m $3.8m $4.3m $4.8m $5.1m
Amortization of Intangible Assets $1.2m $4.2m $6.8m $4.9m $4.0m $3.5m $3.7m $8.0m $6.6m $5.7m
Debt and Equity Securities, Gain (Loss) $97k $8.0m ($1.2m) $0 $0 ($38.0m) ($71.6m)
Equity Securities, FV-NI, Realized Gain (Loss) $4.5m
Goodwill, Impairment Loss $0 $0 $0 $0 $0
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $3k $235k
Other Income $5.3m $5.7m $6.0m $7.0m $5.7m $6.4m $6.9m $7.5m
Preferred Stock Dividends, Income Statement Impact $175k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $120.3m $185.2m $132.0m $98.1m $139.5m
Net Income (Loss) Attributable to Parent $27.5m $46.0m $89.3m $92.0m $81.5m $95.6m $146.9m $104.1m $76.2m $111.0m
Net Income (Loss) Available to Common Stockholders, Basic $27.3m $46.0m $89.3m $91.6m $81.1m $95.2m $146.2m $103.4m $75.8m $110.4m
Earnings Per Share, Basic $1.37 $1.82 $3.02 $3.10 $2.81 $3.19 $4.12 $2.54 $1.85 $2.68
Earnings Per Share, Diluted $1.33 $1.82 $3.01 $3.10 $2.81 $3.19 $4.12 $2.53 $1.84 $2.68
Common Stock, Dividends, Per Share, Declared $0.32 $0.32 $0.40 $0.54 $0.72 $0.80 $0.88 $0.88 $0.88 $0.91
Weighted Average Number of Shares Outstanding, Basic 20.0m 25.2m 29.6m 29.5m 28.8m 29.9m 35.5m 40.7m 41.0m 41.2m
Weighted Average Number of Shares Outstanding, Diluted 20.7m 25.3m 29.7m 29.7m 29.0m 30.0m 35.7m 41.2m 41.3m 41.5m
Noninterest expense:
Labor and Related Expense $62.1m $81.2m $92.0m $96.0m $101.0m $103.2m $117.7m $139.9m $140.0m $144.2m
Equipment Expense $3.6m $4.5m $5.6m $5.0m $4.3m $4.5m $5.8m $6.0m
Accretion Expense, Including Asset Retirement Obligations $10.3m
Business Combination, Acquisition Related Costs $1.4m $8.1m $2.4m $192k $0 $16.8m $5.1m $13.7m $0 $0
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $12.6m $19.8m $18.8m $9.6m
Interest Expense $7.6m $12.7m $23.8m $33.9m $19.6m $9.5m $16.1m $142.1m
Operating Lease, Expense $2.6m $2.9m $2.6m $2.9m $3.1m $2.5m $2.5m
Income Tax Expense (Benefit) $14.6m $21.8m $24.2m $24.2m $21.7m $24.7m $38.3m $27.8m $21.9m $28.5m
Total interest expense $187.0m $159.0m
Interest Income (Expense), Net $123.4m $164.7m $207.4m $216.2m $218.1m $246.4m $324.9m $346.7m $332.3m $398.2m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $998k