|
 |
|
|
 First Bank
First Bank
| RSSD ID 216922 | CERTIFICATE 15019 | ABA NUMBER 53104568 |
| 205 Se Broad St |
Quarter Ended : |
2025-03-31 |
| Southern Pines, North Carolina, 28387 |
Updated : |
2025-04-29 |
| www.localfirstbank.com |
|
| Institution Profile |
| Year Opened : |
1934 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
116 |
Number of Employees : |
1,353 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 12,436,789 |
|
Total Interest Income | 132,632 |
| Total Liabilities | 10,852,953 |
|
Total NonInterest Income | 14,946 |
| Total Bank Equity Capital | 1,583,836 |
|
Total Interest Expense | 38,120 |
| Total Deposits | 10,770,712 |
|
Total NonInterest Expense | 59,407 |
| Net Loans & Leases | 7,982,402 |
|
Net Income | 38,113 |
| Loan Loss Allowance | 120,631 |
|
Net Charge Offs | 3,339 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 1,453,066 |
|
Total loans | 8,107,395 |
| Total assets for the leverage ratio | 11,737,970 |
|
Loans secured by real estate: | 7,129,617 |
| Tier 1 Leverage Ratio | 11.45 |
|
Commercial and industrial loans | 632,915 |
| Tier 1 Capital Ratio | 15.4 |
|
Loans to individuals - Credit Cards | 26,250 |
| Total Capital Ratio | 16.65 |
|
Loans to individuals - Other | 43,134 |
|
|
|
|
:· First Bank
