−Removed: The main offices of the Company and the Bank are located in a building in Southern Pines, North Carolina that is owned by the Bank.
−Removed: The building houses corporate, accounting, and administrative facilities.
+Added: The main office of the Company and Bank is located in Southern Pines, North Carolina and is owned by the Bank.
The Bank’s operational departments, including accounting functions, information technology operations, loan operations, and deposit operations, are primarily housed in buildings in Greensboro, North Carolina;
3 unchanged sentences
At December 31, 2025, the Company operated 113 bank branches.
−Removed: The Company owned all of its bank branch premises except 13 branch offices for which the
−Removed: land and buildings are leased and nine branch offices for which the land is leased but the building is owned.
+Added: The Company owned all of its bank branch premises except 13 branch offices for which the land and buildings are leased and ten branch offices for which the land is leased but the building is owned.
The Bank also leases several other office locations for administrative functions.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.