Adam Currie Appointed to Board of Directors of First Bank and First Bancorp

First Bancorp (NASDAQ: FBNC), the parent organization of First Bank, has announced the appointment of G. Adam Currie to its Board of Directors, effective immediately. Currie also serves as the Chief Executive Officer of First Bank since February 2025. His addition to the boards is seen as a reflection of the board's confidence in his leadership and strategic vision for the bank's future.

Richard H. Moore, Chairman and CEO of First Bancorp, remarked on Currie's pivotal role in the company's growth, expressing optimism for his contributions in guiding the organization towards its long-term objectives. Currie has been a key figure in expanding First Bank's footprint across North and South Carolina, enhancing innovation, and fostering deep relationships with customers and communities since he joined the bank in 2015.

Before his tenure at First Bank, Currie held senior positions at PNC Capital Markets and RBC Bank, and he began his career with Bank of America. He is academically accomplished, holding a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill and completing the Graduate School of Banking program at Louisiana State University.

In his statement, Currie expressed his honor in joining the boards, emphasizing First Bank's unmatched legacy of service and commitment to community. He looks forward to collaborating with fellow board members to drive the bank's ongoing growth and success.

First Bancorp, headquartered in Southern Pines, North Carolina, boasts total assets of $12.8 billion and operates 113 branches dedicated to community-focused banking. The bank aims to blend top-tier financial solutions with local expertise to support customer goals. For additional information, visit www.LocalFirstBank.com.

In response to the recent appointment of G. Adam Currie to the boards of First Bank and First Bancorp, investors and market analysts should consider the implications for the company's strategic direction. Currie, who has been at the forefront of First Bank’s growth since 2015 and became CEO in February 2025, has a proven track record of expanding the bank's footprint and enhancing customer relationships across North and South Carolina. His extensive background in banking, including leadership roles at PNC Capital Markets and RBC Bank, positions him well to drive the company's vision.

Currie's board appointment signals a strong endorsement from existing board members and management, particularly Richard H. Moore, indicating confidence in both his leadership and the long-term strategic goals of the organization. His commitment to developing innovative banking solutions has likely been a factor in First Bank's ability to adapt to evolving market conditions and increase competitive advantage.

From an investment perspective, First Bancorp (NASDAQ: FBNC) may be poised for positive movement as Currie's appointment could enhance market confidence and potentially lead to increased shareholder value. His focus on community and customer relations aligns well with the growing demand for customer-centric banking solutions, which could drive future growth initiatives.

Moreover, with total assets of $12.8 billion and a solid regional presence, First Bancorp’s operational scale positions it favorably to capitalize on market opportunities while navigating challenges in the financial landscape. Investors should monitor the effectiveness of Currie's strategies and any forthcoming announcements regarding corporate direction or performance metrics.

In conclusion, given Currie’s leadership style and experience, investors may want to consider First Bancorp as a potential opportunity for growth as it navigates an evolving banking environment under his guidance.