First Carolina Bank: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Capital moved notably last quarter, CET1 ratio of 12.88% was up 133bps from the prior quarter. Headquartered in Rocky Mount, First Carolina Bank serves the North Carolina market as a community-focused commercial bank. First Carolina's Q2 2026 balance sheet shows $3.4B in assets funded primarily by $2.9B in customer deposits. Earnings are mid-range, 0.72% ROA and a 3.35% net interest margin. Capital is comfortably above regulatory requirements, CET1 ratio of 12.88% sits well above the 7% level required once the capital conservation buffer is included. Asset quality is solid, 1.23% nonperforming loans and a 8.23% Texas Ratio. 9 branches make up the footprint.
As of June 30, 2026, First Carolina Bank reported a CET1 capital ratio of 12.88%, a return on assets of 0.72%, a nonperforming-loan ratio of 1.23%, a Texas ratio of 8.23%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 171 N Winstead Ave, Rocky Mount, NC 27804
- County
- Nash
- Metro Area
- Rocky Mount, NC
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- November 29, 2000
- Former names
- First Carolina State Bank (2007-2013)
- Offices
- 9 domestic
- Employees (FTE)
- 272
- Domestic deposits
- $2.87B
- Allowance for credit losses
- $22.1M
- Net charge-offs (YTD)
- $4K
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- November 29, 2000
- FDIC Cert
- 35530
- Fed RSSD
- 2963266
- SEC CIK
- 1531193 → filed by FIRST CAROLINA FINANCIAL SERVICES, INC.
- Website
- www.firstcarolinabank.com →
- Parent Holding Company
- FIRST CAROLINA FINANCIAL SERVICES, INC. (RSSD 4346706) · FCBM
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full First Carolina Bank terminal
25 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock First Carolina Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
First Carolina Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.88% | 0.72% | 1.23% | 8.23% | 3.35% |
| Q1 2026 | 11.55% | 0.82% | 1.26% | 9.26% | 3.34% |
| Q4 2025 | 11.21% | 0.70% | 1.25% | 9.28% | 3.32% |
| Q3 2025 | 10.92% | -0.10% | 1.44% | 11.05% | 3.22% |
| Q2 2025 | 10.72% | 0.71% | 1.52% | 11.37% | 3.21% |
| Q1 2025 | 10.65% | 0.73% | 1.29% | 9.71% | 3.31% |
| Q4 2024 | 13.08% | 0.87% | 1.32% | 8.33% | 3.38% |
| Q3 2024 | 11.31% | 0.81% | 1.30% | 9.32% | 3.30% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 9 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Raleigh Branch | Raleigh , NC | 27608 | $1.33B |
| First Carolina Bank (main office) | Rocky Mount , NC | 27804 | $926.2M |
| Va Beach Branch | Virginia Beach , VA | 23454 | $193.8M |
| Wilmington Branch | Wilmington , NC | 28403 | $159.6M |
| Atlanta Branch | Atlanta , GA | 30342 | $107.9M |
| Reidsville Branch | Reidsville , NC | 27320 | $70.5M |
| Cary Branch | Cary , NC | 27519 | $56.9M |
| Columbia Branch | Columbia , SC | 29205 | $17.2M |
| Greenville, Sc Branch | Greenville , SC | 29601 | $6.9M |
Regulatory record
What the public regulatory sources show for First Carolina Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.4% of deposits in NC, rank 19 of 86 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 129 applications, 104 loans originated, $185.4M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about First Carolina Bank
What are First Carolina Bank's total assets?
As of the Q2 2026 filing, First Carolina Bank reported total assets of $3.41 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First Carolina Bank headquartered?
First Carolina Bank is headquartered in Rocky Mount, NC, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was First Carolina Bank founded?
First Carolina Bank was established in 2000, per the FDIC institution directory.
Is First Carolina Bank FDIC-insured?
Yes. First Carolina Bank is an FDIC-insured commercial bank (FDIC Certificate #35530). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Carolina Bank?
First Carolina Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First Carolina Bank's CET1 capital ratio?
First Carolina Bank reported a Common Equity Tier 1 (CET1) capital ratio of 12.88% in its Q2 2026 call report, above regulatory requirements.
How many branches does First Carolina Bank operate?
First Carolina Bank operates 9 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Carolina Bank's Texas Ratio?
First Carolina Bank's Texas Ratio is 8.23% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was First Carolina Bank previously called?
The charter now named First Carolina Bank has also operated as First Carolina State Bank (2007-2013), per FDIC structure-change records.
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