First Bank Names Charlotte Regional Executive

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| Source: First Bank

Charlotte, N.C., Nov. 07, 2017 (GLOBE NEWSWIRE) -- First Bank is pleased to announce that Stephen Heeseman has joined the bank as its new Charlotte Regional Executive. Heeseman has more than 25 years of banking experience, having held previous positions at First Citizens Bank, SouthTrust Bank and SunTrust Bank, where he most recently served as a Senior Vice President in the Wealth Management Group. 

In his new role, Heeseman will oversee the six First Bank branches in Charlotte, Mooresville, Huntersville, Kannapolis and Salisbury and other lines of business including the commercial lending team in the Charlotte area.

“First Bank has developed a stellar reputation in the Charlotte market for providing a high level of client service and for its support of the business community,” Heeseman said. “I am honored to have the opportunity to lead the bank’s continued growth in this region.”

While at SunTrust, Stephen worked with individual clients on their wealth management needs and provided commercial banking services to professional organizations. He also served as the Retail Line of Business Manager overseeing the retail operations of more than 100 branches in North Carolina and South Carolina and helping to start the private banking group in Charlotte.

“Stephen’s background complements First Bank’s emerging role as the go-to bank for customers looking for the highest quality of customer service or for a bank that truly understands the financial needs of a growing business,” said Adam Currie, First Bank’s Regional President. “We are delighted to have him join us.”

Heeseman completed his bachelor’s degree in economics at the University of North Carolina at Chapel Hill. He also attended the College of Financial Planning at Queens College and holds his Certified Financial Planner designation. 

For more information on First Bank, visit https://localfirstbank.com.

About First Bancorp
First Bancorp is the holding company for First Bank and is headquartered in Southern Pines, North Carolina. The company currently operates 101 bank branches, with 95 branches operating in North Carolina and six branches in South Carolina (Cheraw, Dillon, Florence and Latta). A full-service community bank, First Bank provides best-in-class financial solutions, advice and technology to manage a home or business. Since 1935, First Bank has taken a tailored approach to banking, combining a range of cutting-edge digital tools with helpful local expertise. First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol FBNC. Visit our website at www.LocalFirstBank.com. Member FDIC, Equal Housing Lender.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements are inherently subject to risks and uncertainties. Forward-looking statements are statements that include projections, predictions, expectations or beliefs about future events or results or otherwise are not statements of historical fact. Such statements are often characterized by the use of qualifying words (and their derivatives) such as “expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,” or other statements concerning opinions or judgments of the Company and its management about future events. Factors that could influence the accuracy of such forward-looking statements include, but are not limited to, the financial success or changing strategies of the Company’s customers, the Company’s level of success in integrating acquisitions, actions of government regulators, the level of market interest rates, and general economic conditions. For additional information about the factors that could affect the matters discussed in this paragraph, see the “Risk Factors” section of the Company’s most recent annual report on Form 10-K available at www.sec.gov. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements. The Company is also not responsible for changes made to the press release by wire services, internet services or other media.

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Brianna LaRouche
RLF Communications
336.553.1706 (office)
508.208.0514 (mobile)
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