FIRST BANCORP COMPLETES ACQUISITION OF GRANDSOUTH BANCORPORATION

SOUTHERN PINES, N.C., Jan. 3, 2023 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth Bancorporation ("GrandSouth"), the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank's position as one of...