Mark-to-Make-Believe Turns Junk Loans to Gold Oct 15, 2009
Midwest is audited by , as is First Bancorp. Seacoasts auditor is. (Bloomberg -- Columnists)
34 banks don't pay their quarterly TARP dividends Oct 8, 2009
Search hundreds of franchises and business opportunities to find the one that is right for you. Quick Request Form: Request information from your favorite franchises and business opportunities. (USA Today -- Money)
First Bank wins performance award Sep 16, 2009
Troy-based First Bancorp, the parent company of First Bank, was one of 30 banks given "All Star" status by the firm out of 509 publicly traded banks and thrifts with market capitalizations under $2 billion. First Bancorp has total assets of about $3. (Business Journal of the Greater Triad Area)
FirstBank Florida narrows losses Aug 20, 2009
First BanCorp reported a net loss of $78. 7 million in the second quarter. (South Florida Business Journal, FL)
Some companies left behind in bull's dust Aug 12, 2009
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
Republic First loses $5M in 2Q Aug 11, 2009
Republic First Bancorp, scheduled to be acquired by later this year, said Friday night that it posted a second-quarter loss. The Philadelphia-based company lost $5. (Philadelphia Business Journal, PA)
Republic First Bancorp, Inc. Reports Second Quarter Earnings Aug 8, 2009
PHILADELPHIA, Aug. 7 /PRNewswire-FirstCall/ -- Republic First Bancorp, Inc. (Nasdaq: ), (the "Company") the holding company for Republic First Bank (PA), today reported a second quarter 2009 net loss of $5,435,000 or ... Republic First Bancorp, Inc. Balance Sheet Highlights ------------------------ (dollars in thousands) % % 6/30/09 3/31/09 Change 6/30/08 Change ------- ------- ------ ------- ------ Total assets $937,116 $911,380 3% $947,589 -1% Total loans (net) 731,981 741,822 -1% 784,115 -7%... (PR Newswire)
Component Changes Made to Dow Jones Select Dividend Indexes Aug 5, 2009
In the Dow Jones U.S. Select Dividend Index, First Bancorp (Puerto Rico) (United States, Banks, FBP) will be replaced by CenturyTel Incorporated (United States, Telecommunications, CTL). All companies are being removed due to the cancellation of their dividend payments. (Primezone Releases)
> Highest-paid CEOs comp bucks downturn Jun 27, 2009
For example, Harry Madonna, CEO of Republic First Bancorp, which was recently bought by Pennsylvania Commerce Bancorp and will change its name to when the deal closes in the fall, earned $707,431 despite his bank losing $470,000, which amounts to a ratio of CEO pay to corporate earnings of negative 149 percent. Conversely, s new CEO, Lynn Elsenhaus, took home just 0. (Philadelphia Business Journal, PA)
First Bancorp Acquires Cooperative Bank Jun 20, 2009
TROY, N.C., June 19 /PRNewswire-FirstCall/ -- First Bancorp (Nasdaq: ) announced today that First Bank, its banking subsidiary, has entered into a purchase and assumption agreement with the Federal Deposit Insurance Corporation (FDIC), as receiver for Cooperative Bank, Wilmington, North Carolina, effective 6:00 pm today ... In the coming days, First Bancorp plans to file a Form 8-K with the Securities and Exchange Commission that will provide more information regarding this transaction ...... (PR Newswire)
> FirstBank Florida gets $50M after Q1 loss May 2, 2009
First BanCorp received a $400 million investment through the s Troubled Asset Relief Program (TARP). A First BanCorp (NYSE: FBP) spokesman did not immediately respond to the question of whether the $50 million given to its Miami subsidiary came from those TARP funds. (South Florida Business Journal, FL)
Republic First Bancorp shareholders OK Pennsylvania Commerce Bancorp merger Mar 20, 2009
for free extra services. Subscribe to Philadelphia Business Journal. (Philadelphia Business Journal, PA)
Business roundup: Thirty-One has event at mall Mar 12, 2009
First Bancorp declares dividend. TROY The board of directors of First Bancorp, the parent company of First Bank, has declared a cash dividend of 8 cents per share payable April 24 to shareholders of record as of March 31. (Yahoo News -- Auto Racing)
First Bancorp Announces Reduced Cash Dividend Mar 7, 2009
TROY, N.C., March 6 /PRNewswire-FirstCall/ -- The Board of Directors of First Bancorp (Nasdaq: ), the parent company of First Bank, has declared a cash dividend of $0 ... First Bancorp is a bank holding company headquartered in Troy, North Carolina with total assets of approximately $2 ... First Bancorp's common stock is traded on the NASDAQ Global Select Market under the symbol "FBNC.". (PR Newswire)