What is First Bank's financial health grade?

First Bank has a TFS Financial Health Grade of C+ (score: 77.0/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does First Bank have?

First Bank has 116 branch locations across the United States.

Is First Bank FDIC insured?

Yes, First Bank is FDIC insured (Certificate #15019).

What are the total assets of First Bank?

First Bank has total assets of $12.7B as reported in its most recent FDIC filing.

First Bank

BankSouthern Pines, North Carolina

www.localfirstbank.com

Total Assets

$12.7B

Total Deposits

$10.8B

Branches

116

Established

1934

TFS Health Grade

C+

77.0 / 100

Average financial health

How we grade

First Bank is a bank headquartered in Southern Pines, North Carolina, established in 1934. With $12.7B in total assets and 116 branch locations, it has a TFS Financial Health Grade of C+ (77.0/100).

Capital & Safety

Tier 1 Capital Ratio

11.08%(8%)

Total Capital Ratio

15.94%(10%)

Non-Performing Loan Ratio

0.42%

Profitability

Return on Assets (ROA)

0.94%(1%)

Return on Equity (ROE)

7.26%(10%)

Net Interest Margin

3.60%

Efficiency Ratio

50.34%(60%)

Lending & Liquidity

Total Loans

$8.7B

Loan-to-Deposit Ratio

80.01%

Net Charge-Off Ratio

Other banks in North Carolina

Bank of America, National Association

Bank

Charlotte, NC

$2636.8B

Truist Bank

Bank

Charlotte, NC

$539.5B

First-Citizens Bank & Trust Company

Bank

Raleigh, NC

$229.3B

STATE EMPLOYEES'

Branch	Address	City	State	Type
First BankHQ	205 Se Broad St	Southern Pines	NC	11
First Bank	105 S Sandhills Blvd	Aberdeen	NC	11
First Bank	2317 Us 52 N	Albemarle	NC	11
First Bank	415 N Raleigh St	Angier	NC	11
First Bank	402 E Williams St	Apex	NC	11
First Bank	11410 N Main St	Archdale	NC	11
First Bank	335 S Fayetteville St	Asheboro	NC	11
First Bank	10 S Tunnel Rd	Asheville	NC	11
First Bank	162 College St	Asheville	NC	11
First Bank	1879 Hendersonville Rd	Asheville	NC	11
First Bank	5 Olde Eastwood Village Blvd	Asheville	NC	11
First Bank	778 Merrimon Ave	Asheville	NC	11
First Bank	1012 Patton Ave	Asheville	NC	11
First Bank	1503 Live Oak St	Beaufort	NC	11
First Bank	770 W Main St	Belhaven	NC	11
First Bank	10 Waterford Business Center Way	Belville	NC	11
First Bank	3948 Chatham St	Bennett	NC	11
First Bank	104 National Dr	Biscoe	NC	11
First Bank	300 W State St	Black Mountain	NC	11
First Bank	2 Market St	Brevard	NC	11
First Bank	229 N Main St	Broadway	NC	11
First Bank	3214 S Church St	Burlington	NC	11
First Bank	907 Smoky Park Hwy	Candler	NC	11
First Bank	109 Monroe St	Carthage	NC	11
First Bank	315 N Academy St	Cary	NC	11
First Bank	4201 Congress St	Charlotte	NC	11
First Bank	11324 N Community House Rd	Charlotte	NC	11
First Bank	111 Northeast Blvd	Clinton	NC	11
First Bank	821 Ocean Trl Ste 3	Corolla	NC	24
First Bank	17948 S Nc Highway 109	Denton	NC	11
First Bank	700 W Cumberland St	Dunn	NC	11
First Bank	416 S Hughes Blvd	Elizabeth City	NC	11
First Bank	232 W Broad St	Elizabethtown	NC	11
First Bank	301 S Main St	Fairmont	NC	11
First Bank	2818 Raeford Rd	Fayetteville	NC	11
First Bank	3551 Hendersonville Rd	Fletcher	NC	11
First Bank	30 Hyatt Rd	Franklin	NC	11
First Bank	1830 Broad St	Fuquay Varina	NC	11
First Bank	431 N Spence Ave	Goldsboro	NC	11
First Bank	101 N Spring St	Greensboro	NC	11
First Bank	2604 Lawndale Dr	Greensboro	NC	11
First Bank	1601 Highwoods Blvd	Greensboro	NC	11
First Bank	1201 E Arlington Blvd	Greenville	NC	11
First Bank	3364 Harmony Hwy	Harmony	NC	11
First Bank	601 N Main St	Hendersonville	NC	11
First Bank	473 Carolina Way	Highlands	NC	11
First Bank	4010 Brian Jordan Pl	High Point	NC	11
First Bank	109 Penny Rd	High Point	NC	23
First Bank	1200 N Main St	High Point	NC	11
First Bank	401 Gilead Rd	Huntersville	NC	11

Showing 50 of 116 branches

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Institution Details

Institution TypeBank

FDIC Certificate #15019

Primary RegulatorFED

FDIC/NCUA InsuredYes

Data sourced from FDIC / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.

First Bank

Capital & Safety

Profitability

Lending & Liquidity

Other banks in North Carolina

Bank of America, National Association

Truist Bank

First-Citizens Bank & Trust Company

STATE EMPLOYEES'

Growth

Institution Details

Live Oak Banking Company

COASTAL