FIRST BANCORP /NC/ 8-K

What Happened
On July 14, 2026, First Bancorp (FBNC) entered into a definitive Agreement and Plan of Merger with First Carolina Bancshares Corporation, as disclosed in a Form 8‑K (Item 1.01). First Bancorp and First Carolina also issued a joint press release and an investor presentation describing the proposed transaction; those materials are attached to the filing as Exhibits 99.1 and 99.2 and the merger agreement is filed as Exhibit 2.1.

Key Details

• Date: Agreement executed on July 14, 2026.
• Parties: First Bancorp and First Carolina Bancshares Corporation.
• Filings/exhibits: Agreement and Plan of Merger (Exhibit 2.1); joint press release (Exhibit 99.1); investor presentation (Exhibit 99.2).
• Reported via Form 8‑K under Item 1.01 (Entry into a Material Definitive Agreement) and Item 8.01 (Other Events).

Why It Matters
This 8‑K announces a proposed combination that could affect First Bancorp’s scale, operations and shareholder value; the filing provides the merger agreement and supporting materials for investors to review. Investors should read the attached press release, investor presentation and the merger agreement for transaction terms, timing and next steps. The company may provide further disclosures and required approvals in subsequent filings.