---
schema_version: "secwatch.filing_event.v1"
accession: "0000811589-22-000042"
form_type: "8-K"
ticker: "FBNC"
cik: "0000811589"
company_name: "FIRST BANCORP /NC/"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:34:32.899688+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# First Bancorp declares $0.22 quarterly dividend, 10% increase YoY

## Summary
- Cash dividend of $0.22 per share declared, payable October 25, 2022.
- Record date is September 30, 2022; represents a 10% increase over $0.20 in Q4 2021.
- CEO Richard Moore cites commitment to enhancing shareholder value given capital position.
- First Bancorp (FBNC) is parent of First Bank with ~$10.6 billion in total assets.
- Dividend increase reflects board confidence in financial strength.

## SEC filing metadata
- accession: 0000811589-22-000042
- form_type: 8-K
- ticker: FBNC
- cik: 0000811589
- company_name: FIRST BANCORP /NC/
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811589/000081158922000042/0000811589-22-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811589/000081158922000042/fbnc-20220915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000811589-22-000042
- JSON: https://secwatch.observer/filing/0000811589-22-000042.json
- Plain text: https://secwatch.observer/filing/0000811589-22-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.