Institution Class	Commercial bank, state charter, Fed member, supervised by FRB
Primary Regulator	FED
Established Date	01/01/1934
Community Bank	No
Ownership Type	Not Mutual
ZIP	28387
State and County Number	37125
Subchapter S Corporations	No
Trust Powers	Full Trust Powers Granted
Federal Reserve ID Number	05
Numeric code	13
Insured by FDIC	Institutions that are currently open and insured by the FDIC
Federal Reserve District	Atlanta
Core Based Statistical Area Name	Pinehurst-Southern Pines, NC

Operational Info

Number of Employees	1,380
Domestic Offices	116
Foreign Offices	0
US Offices	0
Directly owned by another bank (CERT)	No
Last Structure Change Effective Date	01/01/2023
Date of Deposit Insurance	02/08/1935
Primary Insurance Agency	DIF
Website	www.localfirstbank.com
Data Updated	11/14/2025
CERT	15019
Office of The Comptroller District:	—
Office of Thrift Supervision Region	N/A

Financial Summary

Total Assets	$12.74B
Total Deposits	$10.90B
Total Liabilities	$11.06B
Total Equity Capital	$1.68B
Net Income	$22.24M
Net Loans and Leases	$8.30B
Assets Per Employee ($Millions)	$9.42M
Bank Premises and Fixed Assets	$155.14M
Cash and Balances due from Depository Institutions	$599.56M
Deposits Held in Domestic Offices	$10.90B

Return on Assets (ROA)	0.7%
Return on Equity (ROE)	5.38%
Net Interest Margin	3.67%
Efficiency Ratio	49.83%
Tier 1 Risk-Based Capital Ratio	15.168%
Net Loans and Leases to Core Deposits	0%
Credit Loss Provision to Assets	0.11%
Cash Dividends to Net Income (YTD Only)	0%
Equity Capital to Assets	13.155%
Earning Assets to total Assets	89.76%

Total Interest Income	$144.17M
Total Noninterest Income	$17.60M
Total Interest Expense	$40.04M
Total Noninterest Expense	$62.05M
Net Interest Income	$104.14M
Pre-tax Net Operating Income	$56.24M
Provision for Credit Losses	$3.44M
Discontinued Operations (Extraordinary Gains - Net)	$0

Goodwill and Other Intangibles	$0
All Other Assets	$0
Other Real Estate Owned	$1.72M
Other borrowed funds	$765.00k
Federal Funds Sold & Reverse Repurchase Agreement	$0
Federal Funds Purchased and Repurchased Agreement	$0
All Other Liabilities	$163.09M
Total Liabilities and Capital	$12.74B

Securities	$2.68B
Available-for-sale debt securities	$2.17B
Equity securities with readily determinable fair values not held for trading	$0
Held-to-maturity securities	$514.73M
Subordinated Debt	$0
Trading Account Assets	$0
Trading Liabilities	$0

What are the total assets of First Bank?

$12.74B as of the latest filing.

How much are First Bank's total deposits?

$10.90B in total deposits.

Where is First Bank located?

Southern Pines, NC.

What is the Net Interest Margin?

3.67%.

How many domestic offices does it operate?

116.

When was it established?

01/01/1934.

What is the Return on Assets (ROA)?

0.7%.

How much are total loans and leases?

$8.30B (latest filing).

What is the total interest income (latest filing)?

$144.17M.