---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-050819"
form_type: "8-K"
ticker: "FCBM"
cik: "0001531193"
company_name: "First Carolina Financial Services, Inc."
filed_at: "2026-07-30T12:11:18+00:00"
generated_at: "2026-07-30T12:15:18.464389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Carolina Q2 EPS $0.20, net income up 11%; IPO raises $69.3M

## Summary
- Net income $5.1M ($0.20 diluted EPS) vs $4.6M ($0.18) in Q2 2025, an 11% increase.
- Completed IPO of 5.5M shares at $12.50, plus full underwriter option, net proceeds ~$69.3M.
- Loan growth $58.1M (annualized 8.9%); net interest margin expanded 18 bps to 3.23%.
- Zero net charge-offs; nonperforming assets improved to 0.65% of total assets from 0.89% a year ago.
- Brokered deposits declined $211M replaced by $246M non-brokered deposits in H1 2026.

## SEC filing metadata
- accession: 0001628280-26-050819
- form_type: 8-K
- ticker: FCBM
- cik: 0001531193
- company_name: First Carolina Financial Services, Inc.
- filed_at: 2026-07-30T12:11:18+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1531193/000162828026050819/0001628280-26-050819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1531193/000162828026050819/fcbm-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-050819
- JSON: https://secwatch.observer/filing/0001628280-26-050819.json
- Plain text: https://secwatch.observer/filing/0001628280-26-050819.txt

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