First Bancorp Mergers and Acquisitions


First Bancorp

341 North Main Street
Troy, NC 27371-3017
United States
Tel:1/910/576-6171
URL: http://www.firstbancorp.com/
Primary Symbol & Exchange:
FBNC - Common Stock - NASDAQ
Industry:
Banking
First Bancorp Company Snapshot

First Bancorp Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

First Bancorp M&A History


First Bank of Troy acquires Cooperative Bankshares Inc First Bank of Troy acquires  Cooperative Bankshares IncJun 19, 2009

US ? First Bank of Troy, a unit of First Bancorp, acquired Cooperative Bankshares Inc (Coop Bank), a Wilmington-based commercial bank. The transaction included all the deposits of Coop Bank.

Lorton Data Inc acquires Aberdeen Ins & Realty Co Inc from First Bancorp,Troy,NC Lorton Data Inc acquires Aberdeen Ins & Realty Co Inc from First Bancorp,Troy,NCMay 27, 2009

US - Lorton Data Inc acquired Aldata, an Apple Valley-based provider of direct marketing information and list acquisition services.

US Department of the Treasury acquires a minority stake in First Bancorp,Troy,NC US Department of the Treasury acquires a minority stake in First Bancorp,Troy,NCJan 09, 2009

US - State-owned United States Department of Treasury acquired warrants convertible into a #.##% stake, or #.### mil common shares, in First Bancorp, Troy, North Carolina, a bank holding company, for $##.## per share, or a total

First Bancorp,Troy,NC acquires Great Pee Dee Bancorp Inc,SC First Bancorp,Troy,NC acquires Great Pee Dee Bancorp Inc,SCApr 01, 2008

US - First Bancorp, Troy, North Carolina (FB) definitively agreed to acquire all the outstanding common stock of Great Pee Dee Bancorp Inc, Cheraw, South Carolina (GP), a bank holding company, in a stock swap transaction valued at $##.### mil

First Bank,Troy,NC acquires Bank of the Carolinas-NC from Bank of the Carolinas Corp (pending) First Bank,Troy,NC acquires Bank of the Carolinas-NC from Bank of the Carolinas Corp (pending)Apr 26, 2006

US - First Bank, Troy, North Carolina, a unit of First Bancorp, definitively agreed to acquire a branch of Bank of the Carolinas, Mocksville, NC, located in Carthage, NC. The transaction is subject to regulatory approval.

First Bancorp Inc,Troy,NC acquires First Citizens Bank Branch,VA (pending) First Bancorp Inc,Troy,NC acquires First Citizens Bank Branch,VA (pending)Jan 23, 2006

US - First Bancorp Inc,Troy, North Carolina definitively agreed to acquire First Citizens Bank Branch, Dublin,Virgina. The transaction was subject to the approval of regulatory authorities.

First Bancorp,Troy,NC acquires RBC Centura Bk-NC Branches(4) from Royal Bank of Canada First Bancorp,Troy,NC acquires RBC Centura Bk-NC Branches(4) from Royal Bank of CanadaOct 27, 2003

US - First Bancorp, Troy, North Carolina, acquired the # bank branches, located in in North Carolina, of RBC Centura Banks Inc (RCB), a unit of Royal Bank of Canada. The branches were located in Wallace, Kenensville, Fairmont and Harmony. Concurrently

First Bancorp,Troy,NC acquires Carolina Community Bankshares First Bancorp,Troy,NC acquires Carolina Community BanksharesJan 15, 2003

US - First Bancorp Inc (FB), Troy, North Carolina acquired all the outstanding common stock of Carolina Community Bancshares Inc (CC), Latta, South Carolina, a bank holding company, in a stock swap transaction valued at $##.### mil. FB offered $##

First Bancorp,Troy,NC acquires Uwharrie Insurance Group Inc First Bancorp,Troy,NC acquires Uwharrie Insurance Group IncJan 02, 2003

US - First Bancorp,Troy, North Carolina acquired Uwharrie Insurance Group Inc, an insurance agency. Terms were not disclosed.

First Bancorp,Troy,NC acquires First Union Bank-Salisbury,NC from Wachovia Corp,Charlotte,NC First Bancorp,Troy,NC acquires First Union Bank-Salisbury,NC from Wachovia Corp,Charlotte,NCDec 17, 2001

US - First Bancorp, Troy, North Carolina acquired the Salisbury, North Carolina branch of First Union National Bank, Charlotte, North Carolina, a unit of First Union Corp (FC). The deal was conditioned upon the completion of the pending FC/Wachovia Corp

First Bancorp,Troy,NC acquires Hobbs Insurance & Realty Co First Bancorp,Troy,NC acquires Hobbs Insurance & Realty CoMay 30, 2001

US - First Bancorp, Troy, North Carolina acquired Hobbs Insurance & Realty Co, an insurance company.

First Bancorp,Troy,NC acquires Aberdeen Ins & Realty Co Inc First Bancorp,Troy,NC acquires Aberdeen Ins & Realty Co IncMay 30, 2001

US - First Bancorp, Troy, North Carolina acquired Aberdeen Insurance & Realty Co Inc, an insurance company.

First Bancorp,Troy,NC acquires Century Bancorp Inc,NC First Bancorp,Troy,NC acquires Century Bancorp Inc,NCMay 17, 2001

US - First Bancorp, Troy, North Carolina (FB) merged with Century Bancorp Inc, Thomasville, North Carolina (CB), a bank holding company, for $##.# mil. FB offered a choice of $## in cash or #.#### common shares per CB share

First Bancorp,Troy,NC acquires First Union Natl Bk-Branch(4) from Wachovia Corp,Charlotte,NC First Bancorp,Troy,NC acquires First Union Natl Bk-Branch(4) from Wachovia Corp,Charlotte,NCMar 29, 2001

US - First Bancorp, Troy, North Carolina, acquired # branches, located in Scotland and Robeson counties, North Carolina, from First Union National Bank, Charlotte North Carolina, a unit of First Union Corp.

First Bancorp,Troy,NC acquires First Savings Bancorp Inc,NC First Bancorp,Troy,NC acquires First Savings Bancorp Inc,NCSep 14, 2000

US - First Bancorp (FB) acquired First Savings Bancorp Inc (FSB), Southern Pines, North Carolina, a commercial bank, in a stock swap transaction valued at $##.### mil. FB offered #.### shares per FSB share. Based on FB's closing

First Bank,Troy,NC acquires First Union Natl Bk-Branch(1) from Wachovia Corp,Charlotte,NC First Bank,Troy,NC acquires First Union Natl Bk-Branch(1) from Wachovia Corp,Charlotte,NCJun 19, 1997

First Bank, Troy, North Carolina, a unit of First Bancorp, Troy, North Carolina, agreed to acquire the Lillington, North Carolina, branch of First Union National Bank, Charlotte, North Carolina, a unit of First Union. Terms were not disclosed. The transaction

First Bancorp,Troy,NC acquires First Scotland Bank First Bancorp,Troy,NC acquires First Scotland BankDec 19, 1995

First Bancorp, Troy, North Carolina, acquired First Scotland Bank of Laurenburg, North Carolina, for $#.# mil in cash. The transaction had been subject to federal and state banking regulatory approval.

First Bancorp Inc,Troy,NC seeking buyer First Bancorp Inc,Troy,NC seeking buyerMar 07, 1995

In March ####, First Bancorp announced it was seeking a buyer for the company.

First Bancorp,Troy,NC acquires Central State Bank,High Pt,NC First Bancorp,Troy,NC acquires Central State Bank,High Pt,NCAug 26, 1994

First Bancorp, Troy, North Carolina, acquired Central Bank of High Point, North Carolina for $###.# in cash per share, or a total $#.## mil. The transaction had been subject to state and federal banking regulatory approval.

Symco Group Inc acquires First Recovery Inc from First Bancorp,Troy,NC Symco Group Inc acquires First Recovery Inc from First Bancorp,Troy,NCJul 22, 1994

Symco Group agreed to acquire First Recovery, a unit of First Bancorp, Troy, North Carolina. Terms were not disclosed.

First Bancorp M&A Summary


First Bancorp has made 14 acquisitions while taking stakes in 0 companies. First Bancorp has 4 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009102
2008100
2007000
2006000
2005000
2004000
2003300
2002000
2001500
2000100
1999000
1998000
1997000
1996000
1995100
1994100
1993000
1992100
1991000
1990000
1989000
1988000
1987000
1986000
1985000
1984001
1983000
1982000
1981001
Total1404

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