{"schema_version":"secwatch.filing_event.v1","accession":"0000811589-26-000023","form_type":"8-K","ticker":"FBNC","cik":"0000811589","company_name":"FIRST BANCORP /NC/","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.749900+00:00","generated_at":"2026-05-16T09:25:10.302140+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Bancorp Q4 2025 adjusted EPS $1.19; NIM expands to 3.58%, loan growth 14.3% annualized","bullets":["GAAP D-EPS $0.38 includes $43.7M securities loss; adjusted D-EPS $1.19 vs $0.76 in Q4 2024.","Net interest margin 3.58%, up 53 bps YoY; net interest income $106.2M, +19.5% YoY.","Loans grew $303.2M (14.3% annualized) to $8.72B; credit quality stable, NCO ratio 0.05%.","Securities loss-earnback: sold $342M at 1.67%, bought $228.4M at 4.36% yield; total securities loss $43.7M.","Tangible common equity ratio improved to 9.61% from 8.22% a year ago; total risk-based capital 16.08%."],"urls":{"canonical":"https://secwatch.observer/filing/0000811589-26-000023","json":"https://secwatch.observer/filing/0000811589-26-000023.json","markdown":"https://secwatch.observer/filing/0000811589-26-000023.md","text":"https://secwatch.observer/filing/0000811589-26-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000023/0000811589-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000023/fbnc-20260121.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:25:10.302140+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}