• First Carolina posted Q2 net income of $5.1 million, rising 10.87% year over year; diluted EPS increased to $0.20 from $0.18.
• Net interest income climbed 8.75% to $25.59 million; net interest margin widened 18 basis points to 3.23%.
• Noninterest income dropped 49.5% to $6.7 million, primarily due to a planned 2025 discontinuation of a banking-as-a-service partnership.
• Noninterest expense fell 17.1% to $25.5 million, led by lower salaries, data processing costs, and consumer fraud and transaction losses.
• Community Banking earned $6.8 million, up from $5.5 million; BM Tech loss widened to $1.7 million from $925,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Carolina Financial Services Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-056931), on August 14, 2026, and is solely responsible for the information contained therein.