FIRST BANCORP /NC/ — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that FIRST BANCORP /NC/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $67.62M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $70.12M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $32.82M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $17.45M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $25.32M | Feb 28, 2024 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $111.05M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $76.22M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $104.13M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $146.94M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $95.64M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $81.48M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $92.05M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $89.29M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $45.97M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $27.51M | Mar 1, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $203.13M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $174.78M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $131.40M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $230.65M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $142.34M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $58.33M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $51.24M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $46.41M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $26.84M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $41.27M | Mar 1, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.25M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $2.66M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $4.42M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $5.29M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $9.40M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $12.36M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $3.53M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $10.72M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $4.66M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $8.69M | Mar 1, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.67B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $12.15B | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $12.11B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $10.63B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $10.51B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $7.29B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $6.14B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $5.86B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $5.55B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $3.61B | Mar 1, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $11.01B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $10.70B | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $10.74B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $9.59B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $9.28B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $6.40B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $5.29B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $5.10B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $4.85B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $3.25B | Mar 1, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.65B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $1.45B | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $1.37B | Feb 25, 2026 |
| FY2025 | Dec 31, 2022 | $1.03B | Feb 25, 2026 |
| FY2024 | Dec 31, 2021 | $1.23B | Feb 26, 2025 |
| FY2023 | Dec 31, 2020 | $893.42M | Feb 28, 2024 |
| FY2022 | Dec 31, 2019 | $852.40M | Feb 28, 2023 |
| FY2021 | Dec 31, 2018 | $764.23M | Mar 1, 2022 |
| FY2020 | Dec 31, 2017 | $692.98M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $368.10M | Feb 28, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $478.75M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $478.75M | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $478.75M | Feb 26, 2025 |
| FY2024 | Dec 31, 2022 | $364.26M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $364.26M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $239.27M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $234.37M | Mar 1, 2022 |
| FY2019 | Dec 31, 2018 | $234.37M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $233.07M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $75.04M | Mar 1, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $829.66M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $756.33M | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $716.42M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $648.42M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $532.87M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $478.49M | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $417.76M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $341.74M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $264.33M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $225.92M | Mar 1, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $462.90M | Mar 1, 2019 |
| FY2018 | Dec 31, 2017 | $489.49M | Mar 1, 2019 |
| FY2018 | Dec 31, 2016 | $305.99M | Mar 1, 2019 |
| FY2018 | Dec 31, 2015 | $267.27M | Mar 1, 2019 |
| FY2017 | Dec 31, 2014 | $253.08M | Mar 1, 2018 |
| FY2016 | Dec 31, 2013 | $223.27M | Mar 15, 2017 |
| FY2015 | Dec 31, 2012 | $241.51M | Mar 14, 2016 |
| FY2014 | Dec 31, 2011 | $216.17M | Mar 13, 2015 |
| FY2013 | Dec 31, 2010 | $212.00M | Mar 17, 2014 |
| FY2012 | Dec 31, 2009 | $350.87M | Mar 15, 2013 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $74.57M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $91.88M | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $630.16M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $287.51M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $67.39M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $61.83M | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $300.67M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $406.61M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $410.67M | Mar 1, 2019 |
| FY2012 | Dec 31, 2012 | $46.39M | Mar 15, 2013 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | 4 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 2 | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | 3 | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | 3 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 1 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 1 | Mar 1, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | 4 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 2 | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | 3 | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | 3 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 1 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 1 | Mar 1, 2019 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 41.47M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | 41.35M | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | 41.11M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | 35.70M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | 35.63M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 28.58M | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | 29.60M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 29.72M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | 29.64M | Mar 1, 2019 |
| FY2018 | Dec 31, 2016 | 20.84M | Mar 1, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $37.28M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $36.25M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $34.94M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $30.66M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $22.23M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $20.94M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $13.66M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $11.28M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $7.60M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $6.40M | Mar 1, 2019 |