Charlotte – November 06, 2026 -- First Bank, the $13.2 billion-asset subsidiary of First Bancorp (NASDAQ: FBNC), has opened a new SouthPark branch and office in Charlotte, adding capacity to a market the bank describes as central to its growth.
First Bank backs Charlotte with a new SouthPark branch and office
The SouthPark site will offer commercial and business banking, personal banking, lending and wealth management. The expanded office space will also house First Bank associates serving clients across the Charlotte market.
CEO Adam Currie said the investment reflects the bank's long-term commitment to Charlotte and gives the local team more resources to pursue new opportunities and strengthen its market position. Andrew Griffin, SVP and Regional Executive for Charlotte, said the space will let the team improve the client experience while building relationships across the region.
Forbes and S&P Global rankings anchor the expansion case
First Bank was named to Forbes' inaugural list of the World's Top Performing Banks in 2026. The list evaluates institutions on profitability, growth and earnings quality, capital and funding resilience, and asset quality and efficiency.
Earlier in the year, S&P Global Market Intelligence ranked First Bank No. 14 among U.S. public banks with more than $10 billion in assets. The ranking drew on 2025 results across growth, profitability, safety and soundness.
Charlotte adds to a 113-branch network across two states
First Bank is headquartered in Southern Pines, North Carolina, and operates 113 branches in North Carolina and South Carolina. First Bancorp's stock trades on the NASDAQ Global Select Market.