(Incorporated in North Carolina)

We are a community bank holding company whose flagship bank has branches in North and South Carolina, Georgia and Virginia.

First Carolina Bank, our flagship, offers consumer banking services as well as commercial banking services. Our customers range from individuals, including professionals, to small to medium-sized businesses as well as to colleges, universities and other institutions of higher education.

As of March 31, 2026, First Carolina Financial Services had $3.4 billion in total assets, including $2.7 billion in loans, and $3.0 billion in deposits. The company had $353 million in shareholders’ equity. First Carolina Financial had over 524,000 customer deposit accounts, as of March 31, 2026.

Note: Net income and revenue are for the 12 months that ended March 31, 2026.

(Note: First Carolina Financial Services disclosed the terms for its IPO on June 8, 2026, in an S-1/A filing: 5.5 million shares at a price range of $14.00 to $16.00 to raise $82.5 million. Background: First Carolina Financial Services filed its S-1 for its IPO on May 22, 2026, without disclosing the terms. Estimated proceeds are $100 million, a placeholder figure.)