{"schema_version":"secwatch.filing_event.v1","accession":"0000811589-26-000149","form_type":"8-K","ticker":"FBNC","cik":"0000811589","company_name":"FIRST BANCORP /NC/","filed_at":"2026-07-14T12:45:27+00:00","discovered_at":"2026-07-14T12:50:00.274421+00:00","generated_at":"2026-07-14T12:50:07.477737+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Bancorp to acquire First Carolina Bancshares for $166M in stock and cash","bullets":["Aggregate consideration $166M, or $64.22 per share, consisting of 1.97M shares and $40M cash.","Carolina Bank has $831M assets, 14 branches in SC, LTM ROAA 1.60%.","Expected close Q4 2026 or early Q1 2027, subject to shareholder and regulatory approvals.","First Bancorp will strengthen SC presence; pro forma top 10 deposit market share in both Carolinas.","Support agreements from directors and officers representing 40% of First Carolina shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000811589-26-000149","json":"https://secwatch.observer/filing/0000811589-26-000149.json","markdown":"https://secwatch.observer/filing/0000811589-26-000149.md","text":"https://secwatch.observer/filing/0000811589-26-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000149/0000811589-26-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000149/fbnc-20260714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-14T12:50:07.477737+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"}