Form 8-K

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
 
 
Form 8-K 
 
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
 
 
THE SECURITIES EXCHANGE ACT OF 1934 
 
 
 
 
Date of Report (Date of earliest event reported):
 
January 23, 2006

 

 
First Bancorp
(Exact Name of Registrant as Specified in its Charter)
 

 
 
 
 
 
North Carolina
 
0-15572
 
56-1421916
(State or Other Jurisdiction
 
(Commission
 
(I.R.S. Employer
of Incorporation)
 
File Number)
 
Identification Number)
 
 

 
 
 
 
 
341 North Main Street, Troy, North Carolina
 
 
 
 
27371
(Address of Principal Executive Offices)
 
 
 
(Zip Code)

(910) 576-6171
(Registrant’s telephone number, including area code)

Not Applicable 
(Former Name or Former Address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 
 

 
 
First Bancorp
 
 
INDEX 
 
 
 
 
 
 
 
 
 
 
 
       
Page
  
 
 
 
 
 
Item 8.01 - Other Events
 
 
3
 
 
 
 
 
 
Item 9.01 - Financial Statements and Exhibits     
 3
  
         
Signatures
 
 
4
 
 
 
 
 
 
Exhibit 99.1 Press Release dated January 23, 2006
 
 
 Exhibit
 
2
 


 
 
 
 
Item 8.01 - Other Events
 
 
On January 23, 2006, the Registrant announced that it had entered into an agreement with First Citizens Bank & Trust Company (“First Citizens”) to purchase the First Citizens branch located in Dublin, Virginia. The terms of the agreement call for the Registrant to acquire the branch facility and substantially all of the deposits located at the branch. Substantially all of the loans located at the branch will be retained by First Citizens, with only lines of credit associated with deposits being transferred to the Registrant. The press release announcing the agreement is attached as Exhibit 99.1.
 
 
Item 9.01 - Financial Statements and Exhibits
 
 
(d) Exhibits
 
 
Exhibit No.     Exhibit Title
 
 
99.1         Press Release Dated January 23, 2006
 
 
3
 



 
 
 
 
 
Signatures 
 
 
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Bancorp
 
 
 
 
 
 
 
 
 
 
January 24, 2006
 
 
By:
 
 
/s/ James H. Garner
 
 
 
 
 
 
James H. Garner
 
 
 
 
 
 
President and Chief Executive Officer
 
4