{"schema_version":"secwatch.filing_event.v1","accession":"0000811589-26-000065","form_type":"8-K","ticker":"FBNC","cik":"0000811589","company_name":"FIRST BANCORP /NC/","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.777259+00:00","generated_at":"2026-05-15T04:59:28.106490+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 Q1 net income $46.7M, EPS $1.13; NIM expands 42 bps YoY","bullets":["Net income $46.7M ($1.13 D-EPS) vs $15.7M ($0.38) linked quarter and $36.4M ($0.88) year ago.","Net interest margin 3.67%, up 9 bps from Q4 2025 and 42 bps from Q1 2025.","Total loans $8.79B, up $71.4M (3.3% annualized); adjusting for one seasonal paydown, loan growth 5.9% annualized.","Noninterest expenses $60.2M, down $1.8M from linked quarter; efficiency ratio 49.05%.","Tangible book value per share $29.01, up from $28.23 at year-end 2025 and $24.69 a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0000811589-26-000065","json":"https://secwatch.observer/filing/0000811589-26-000065.json","markdown":"https://secwatch.observer/filing/0000811589-26-000065.md","text":"https://secwatch.observer/filing/0000811589-26-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000065/0000811589-26-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000065/fbnc-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:59:28.106490+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":[{"claim_id":"b6b8441c8273b13c387ebd093bc3dd66b1bf7fa9","claim":"FIRST BANCORP /NC/ reported the three months ended March 31, 2026 results: net income $46.7 million, EPS $1.13.","evidence_excerpt":"The Company announced net income of $46.7 million, or $1.13 diluted earnings per share (\"D-EPS\"), for the three months ended March 31, 2026","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000065/0000811589-26-000065-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Net income","value":"$46.7 million"},{"label":"EPS","value":"$1.13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}