First Bancorp (FBNC) in Troy, N.C., has agreed to buy a branch from Four Oaks Fincorp (FOFN).

That branch is located in Rockingham, N.C. First Bancorp will also acquire $64 million in deposits and $22 million in loans associated with a branch in Southern Pines.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.