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First Bancorp is an American bank holding company headquartered in Southern Pines, North Carolina that operates as First Bank in North and South Carolina. As of 2023, First Bancorp has 118 branches and about $12 billion in assets. [1] First Bank was the sixth largest bank in North Carolina.
First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States.Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states.
With the merger approved by stockholders on July 31, 2007, the new bank is the sixth largest in North Carolina. The post-merger institution, operating under the name NewBridge Bank, began public operations on November 13, 2007. [5] As of May 20, 2011, Union First Market Bank acquired the Harrisonburg, VA branch of NewBridge Bank.