First Bank, a subsidiary of First Bancorp (NASDAQ:FBNC), announced the opening of its new SouthPark branch and office in Charlotte, North Carolina, on November 6, 2026.

Key Highlights

  • New location: First Bank opened a SouthPark branch and office in Charlotte, expanding its presence in that market.
  • Services offered: The SouthPark location will provide commercial and business banking, personal banking, lending, and wealth management solutions, according to the announcement.
  • Forbes recognition: In 2026, First Bank was named to Forbes' inaugural list of the World's Top Performing Banks, evaluated on profitability, growth, earnings quality, capital and funding resilience, and asset quality and efficiency.
  • S&P Global ranking: Earlier in 2026, First Bank was ranked No. 14 among U.S. public banks with more than $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance.
  • Bank scale: First Bank reported total assets of approximately $13.2 billion and operates 113 bank branches in North Carolina and South Carolina, according to the filing.

First Bank's SouthPark Opening and Charlotte Market Expansion

First Bank, the banking subsidiary of First Bancorp (NASDAQ:FBNC), disclosed the opening of its SouthPark branch and office in Charlotte, North Carolina. The announcement, issued November 6, 2026, describes the opening as "an important milestone for the bank and a significant investment in its continued growth in Charlotte." Adam Currie, CEO of First Bank, was quoted in the filing stating that the new location gives the bank's team "greater resources to serve our clients, pursue new opportunities and strengthen our position in the market."

According to the filing, the SouthPark location will offer a comprehensive range of financial services including commercial and business banking, personal banking, lending, and wealth management solutions. The expanded office space will also support First Bank associates who serve clients across the broader Charlotte market. Andrew Griffin, SVP and Regional Executive for Charlotte, was quoted saying the new space "allows us to elevate that experience while continuing to build lasting relationships across the region."

The filing also highlighted recent recognition for First Bank. The company disclosed it was named to Forbes' inaugural list of the World's Top Performing Banks in 2026 and was ranked No. 14 among U.S. public banks with more than $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance measures covering growth, profitability, safety, and soundness. First Bank, headquartered in Southern Pines, North Carolina, was founded in 1935 and operates 113 branches across North Carolina and South Carolina.

What Was Disclosed

First Bank announced the opening of its SouthPark branch and office in Charlotte, outlining the services to be offered, quoting company executives, and noting recent industry rankings and total assets of approximately $13.2 billion.