Current Report Filing (8-k)
December 16 2014 - 4:47PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street NW
Washington, D.C. 29549
Form 8-K
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): |
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December 16, 2014 |
First Bancorp
(Exact Name of Registrant as Specified in its
Charter)
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North Carolina |
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0-15572 |
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56-1421916 |
(State or Other Jurisdiction |
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(Commission |
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(I.R.S. Employer |
of Incorporation) |
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File Number) |
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Identification Number) |
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300 SW Broad Street, Southern Pines,
North Carolina |
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28387 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(910) 246-2500
(Registrant’s telephone number, including
area code)
Not Applicable
(Former Name or Former Address, if changed since
last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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First Bancorp
INDEX
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Item 8.01 – Other Events |
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3 |
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Item 9.01 – Financial Statements and Exhibits |
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Signatures |
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Exhibit 99 (a) News Release dated December 16, 2014 |
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Item 8.01 — Other Events
On December 16, 2014, the Registrant issued
a news release to announce a cash dividend. The Registrant reported that its board of directors had declared a cash dividend of
8 cents per share on its common stock payable on January 23, 2015 to shareholders of record as of December 31, 2014.
Item 9.01 – Financial Statements and Exhibits
Exhibit 99(a) – News Release dated
December 16, 2014
Disclosures About Forward Looking Statements
The discussions included in this document
and its exhibits may contain forward looking statements within the meaning of the Private Securities Litigation Act of 1995, including
Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve
known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. For the purposes of
these discussions, any statements that are not statements of historical fact may be deemed to be forward looking statements. Such
statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,”
“estimates,” “plans,” “projects,” or other statements concerning opinions or judgments of the
Company and its management about future events. The accuracy of such forward looking statements could be affected by such factors
as, including but not limited to, the financial success or changing conditions or strategies of the Company’s customers or
vendors, fluctuations in interest rates, actions of government regulators, the availability of capital and personnel or general
economic conditions.
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Signatures
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
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First Bancorp |
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December 16, 2014 |
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By: |
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/s/ Richard H. Moore |
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Richard H. Moore |
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President and Chief Executive Officer |
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News Release
For Immediate Release: |
For More Information, |
December 16, 2014 |
Contact: Elaine Pozarycki |
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919-834-3090 |
First Bancorp Announces Cash Dividend
Southern Pines, N.C. – The Board of Directors
of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.08 per
share payable January 23, 2015 to shareholders of record as of December 31, 2014. The $0.08 per share dividend rate is the same
as the rate declared in the comparable period of 2013.
First Bancorp is a bank holding company headquartered
in Southern Pines, North Carolina with total assets of approximately $3.2 billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that operates 86 branches, with 73 branches operating in North Carolina,
6 branches in South Carolina and 7 branches in Virginia, where First Bank does business as First Bank of Virginia. First Bank also
has loan production offices in Fayetteville, North Carolina and Greenville, North Carolina. First Bancorp’s common stock
is traded on the NASDAQ Global Select Market under the symbol “FBNC.”
Please visit our website
at www.LocalFirstBank.com.
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