2023 Digital Annual Report

Investor Story: The Bowens

First Bank and Trust Company has always maintained a family atmo- sphere, and perhaps no family has embodied that more than the Bowen family. Tom Bowen joined the bank in 2000 and served for 16 years as the Bank’s Credit Administration Officer before retiring in 2016. Son James Bowen came to First Bank and Trust in 2011 as a man- agement trainee, later serving as a loan officer and branch manager before continuing his father’s legacy as Credit Administration Officer. Both Tom and James invested in the Bank over the years, and now third-generation Annie is among the Company’s youngest sharehold- ers. According to Tom, “First Bank and Trust Company has the best employee relationships that I have ever seen, with people that not only work together, but genuinely respect and care for each other. I have never had a job that I worked at harder or enjoyed more.” Tom further states “Purchasing stock in First Bancorp, Inc. is the best investment I ever made, but I believe the best is yet to come for the bank.” According to James Bowen, “Investing in First Bancorp, Inc. is the closest thing to being self-employed, because the success of the investment is depen- dent on my performance and that of my fellow employees.” As one of the newest and youngest shareholders, Annie’s ownership continues the Bowen investment tradition in First Bancorp, Inc. ensuring her success by creating a solid financial founda- tion for the future.

13 2023 Repo̶ t to Shareholders |

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