First Bancorp Completes Acquisition of GrandSouth Bancorporation
First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, President and CEO......