CLOs on the Move

First Bank is the banking subsidiary of First Bancorp and is headquartered in Southern Pines, North Carolina, with total assets of approximately $10.7 billion. As a state-chartered community bank, First Bank operates 110 bank branches in North Carolina and South Carolina. Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions, helpful local expertise, and technology to manage a home or business. First Bancorp`s common stock is traded on the NASDAQ Global Select Market under the symbol "FBNC."