{"schema_version":"secwatch.filing_event.v1","accession":"0000811589-26-000162","form_type":"8-K","ticker":"FBNC","cik":"0000811589","company_name":"FIRST BANCORP /NC/","filed_at":"2026-10-21T20:05:18+00:00","discovered_at":"2026-10-21T20:08:00.102025+00:00","generated_at":"2026-10-21T20:08:10.279188+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"First Bancorp Q3 EPS $1.24 vs $0.49 a year ago; NIM expands to 3.75%","bullets":["Net income $51.3M, or $1.24 diluted EPS, vs $50.5M/$1.22 in Q2 2026 and $20.4M/$0.49 in Q3 2025; Q3 2025 adjusted EPS was $1.01.","Net interest income $114.8M, up 3.2% QoQ and 12.0% YoY; NIM 3.75%, up 4 bps QoQ and 29 bps YoY.","Loans $9.1B, up $116.2M (5.1% annualized) QoQ and 8.1% YoY; deposits $11.1B; efficiency ratio 49.09% vs 66.92% a year ago.","Provision for credit losses $1.3M; net charge-offs 0.09% annualized; NPAs $45.0M (0.34% of assets); ACL 1.36% of loans.","Pending Carolina Bank acquisition scheduled to close in early 2027; $0.5M of merger expenses recognized in Q3 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000811589-26-000162","json":"https://secwatch.observer/filing/0000811589-26-000162.json","markdown":"https://secwatch.observer/filing/0000811589-26-000162.md","text":"https://secwatch.observer/filing/0000811589-26-000162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000162/0000811589-26-000162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811589/000081158926000162/fbnc-20261021.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:08:10.279188+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"}