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Michael Mayer Biography and Net Worth

President of First Bancorp

Michael G. Mayer serves as President, President and Chief Executive Officer of First Bank, Director of the Company. Mr. Mayer was named the President of the Company in February 2016 and was appointed to the Board of Directors in February 2017. Prior to joining the Company, Mr. Mayer served as Chief Executive Officer of 1st Financial Services Corporation, the parent company of Mountain 1st Bank & Trust, a position he held from January 2010 until 1st Financial Services Corporation’s acquisition in January 2014. He previously served as President and Chief Executive Officer of Carolina Commerce Bank from 2009 until 2010 and Colony Signature Bank (In Organization) from 2007 to 2009, and has held various senior banking positions over his 30 year banking career.

What is Michael Goodwin Mayer's net worth?: The estimated net worth of Michael Goodwin Mayer is at least $4.65 million as of September 22nd, 2023. Mr. Mayer owns 104,035 shares of First Bancorp stock worth more than $4,649,324 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Mayer may own. Additionally, Mr. Mayer receives an annual salary of $974,790.00 as President at First Bancorp. Learn More about Michael Goodwin Mayer's net worth.
How old is Michael Goodwin Mayer?: Mr. Mayer is currently 63 years old. There are 4 older executives and no younger executives at First Bancorp. Learn More on Michael Goodwin Mayer's age.
What is Michael Goodwin Mayer's salary?: As the President of First Bancorp, Mr. Mayer earns $974,790.00 per year. Learn More on Michael Goodwin Mayer's salary.
How do I contact Michael Goodwin Mayer?: The corporate mailing address for Mr. Mayer and other First Bancorp executives is 300 SW Broad Street, Southern Pines NC, 28387. First Bancorp can also be reached via phone at (910) 246-2500. Learn More on Michael Goodwin Mayer's contact information.
Has Michael Goodwin Mayer been buying or selling shares of First Bancorp?: Michael Goodwin Mayer has not been actively trading shares of First Bancorp within the last three months. Most recently, on Friday, September 22nd, Michael Goodwin Mayer bought 500 shares of First Bancorp stock. The stock was acquired at an average cost of $26.96 per share, with a total value of $13,480.00. Following the completion of the transaction, the president now directly owns 104,035 shares of the company's stock, valued at $2,804,783.60. Learn More on Michael Goodwin Mayer's trading history.
Who are First Bancorp's active insiders?: First Bancorp's insider roster includes Mary Capel (Director), Michael Mayer (President), Carlie McLamb, Jr. (Director), Richard Moore (President & Chief Executive Officer), and Dexter Perry (Director). Learn More on First Bancorp's active insiders.
Are insiders buying or selling shares of First Bancorp?: During the last year, insiders at the financial services provider sold shares 4 times. They sold a total of 43,601 shares worth more than $1,889,654.47. The most recent insider tranaction occured on September, 23rd when Director Suzanne S Deferie sold 2,036 shares worth more than $89,115.72. Insiders at First Bancorp own 3.7% of the company. Learn More about insider trades at First Bancorp.
Information on this page was last updated on 9/23/2024.

Michael Goodwin Mayer Insider Trading History at First Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/22/2023	Buy	500	$26.96	$13,480.00	104,035
3/23/2021	Sell	1	$35.74	$35.74	52,748
5/18/2018	Buy	3,200	$40.94	$131,008.00	30,104
5/2/2017	Buy	500	$28.99	$14,495.00	18,412
6/27/2016	Buy	500	$17.35	$8,675.00	11,998
6/24/2016	Buy	500	$17.94	$8,970.00	11,498
5/8/2015	Buy	1,000	$15.95	$15,950.00

Michael Goodwin Mayer Buying and Selling Activity at First Bancorp

First Bancorp Company Overview

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.

Today's Range

Now: $44.69

$43.41

$45.03

50 Day Range

MA: $45.38

$40.94

$49.20

2 Week Range

Now: $44.69

$29.53

$50.34

Volume

551,464 shs

Average Volume

168,934 shs

Market Capitalization

$1.85 billion

P/E Ratio

18.02

Dividend Yield

1.86%

Beta

1.04

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Michael Mayer Biography and Net Worth

What is Michael Goodwin Mayer's net worth?

How old is Michael Goodwin Mayer?

What is Michael Goodwin Mayer's salary?

How do I contact Michael Goodwin Mayer?

Has Michael Goodwin Mayer been buying or selling shares of First Bancorp?

Who are First Bancorp's active insiders?

Are insiders buying or selling shares of First Bancorp?