---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-108950"
form_type: "8-K"
ticker: "FCBM"
cik: "0001531193"
company_name: "First Carolina Financial Services, Inc."
filed_at: "2026-09-18T20:30:27+00:00"
generated_at: "2026-09-18T20:31:21.466626+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Carolina CFO Steven Deaton to retire January 1, 2027; $32M notes redeemed

## Summary
- CFO and Chief Risk Officer Steven Deaton will retire effective Jan 1, 2027; CEO Ron Day thanked him for leadership.
- Company completed full redemption of $32.0M Fixed-to-Floating Rate Subordinated Notes due Dec 6, 2029.
- Consolidated NIM (MTD) July 3.34%, Aug 3.34%, Sept est 3.34%; YTD 3.25%, 3.27%, 3.28%.
- Bank-level NIM: July 3.46%, Aug 3.47%, Sept est 3.47% MTD; YTD 3.38%, 3.39%, 3.40%.
- Deaton cited 40+ years in banking; led through BM Technologies acquisition and IPO.

## SEC filing metadata
- accession: 0001104659-26-108950
- form_type: 8-K
- ticker: FCBM
- cik: 0001531193
- company_name: First Carolina Financial Services, Inc.
- filed_at: 2026-09-18T20:30:27+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1531193/000110465926108950/0001104659-26-108950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1531193/000110465926108950/tm2625756d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-108950
- JSON: https://secwatch.observer/filing/0001104659-26-108950.json
- Plain text: https://secwatch.observer/filing/0001104659-26-108950.txt

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