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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">As filed with the Securities and Exchange
Commission on June 30, 2014</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 5in; text-align: right">Registration No. 333-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-top: black 2.25pt double"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>FORM S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">REGISTRATION STATEMENT UNDER THE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITIES ACT OF 1933</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center"><FONT STYLE="font-size: 10pt"><B>FIRST
BANCORP</B></FONT><BR>
(Exact Name of Registrant as Specified in its Charter)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 33%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">North Carolina</P></td>
    <TD STYLE="width: 34%; text-align: center; font-size: 10pt">&nbsp;</td>
    <TD STYLE="width: 33%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">56-1421916</P></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: center; font-size: 10pt">(State or Other Jurisdiction of <br>
Incorporation or Organization)</td>
    <TD STYLE="text-align: center; font-size: 10pt">&nbsp;</td>
    <TD STYLE="text-align: center; font-size: 10pt">(I.R.S. Employer <br>
Identification No.)</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>300 SW Broad Street, Southern Pines, North
Carolina 28387</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">(Address of Principal Executive Offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>First Bancorp Employees&rsquo; 401(k) Savings
Plan</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center">(Full Title of the Plan)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Richard H. Moore</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">President and Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">First Bancorp</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">300 SW Broad Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Southern Pines, North Carolina 28387</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 2in 12pt; text-align: center; border-top: Black 0.5pt solid">(Name
and Address of Agent for Service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(910) 246-2500</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 2in 12pt; text-align: center; border-top: Black 0.5pt solid">(Telephone
Number, Including Area Code, of Agent for Service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Indicate by check
mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting
company&rdquo; in Rule 12b-2 of the Exchange Act. (Check one):</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 61%; padding-bottom: 12pt; text-align: justify; font-size: 10pt; padding-left: 20pt"><font style="font-size: 10pt">Large accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">&uml;</font></font></td>
    <td style="width: 39%; padding-bottom: 12pt; text-align: justify; font-size: 10pt"><font style="font-size: 10pt">Accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">&yacute;</font></font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt; padding-left: 20pt"><font style="font-size: 10pt">Non-accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">&uml;</font></font></td>
    <td style="text-align: justify; font-size: 10pt"><font style="font-size: 10pt">Smaller reporting company&nbsp;&nbsp;<font style="font-family: Wingdings">&uml;</font></font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">(Do not check if a smaller reporting
company)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">___________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Henry H. Ralston</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Robinson, Bradshaw &amp; Hinson, P.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">101 North Tryon Street, Suite 1900</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Charlotte, North Carolina 28246</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">(704) 377-2536</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>CALCULATION OF REGISTRATION FEE</B></P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 37%; border-top: Black 1.5pt double; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.9pt 5.75pt 2pt; text-align: center">Title of Securities<br>
To Be Registered</td>
    <td style="width: 15%; border-top: Black 1.5pt double; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.9pt 5.75pt 2pt; text-align: center">Amount To Be<BR>
 Registered</td>
    <td style="width: 16%; border-top: Black 1.5pt double; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.9pt 5.75pt 2pt; text-align: center">Proposed<BR>
 Maximum <BR>
Offering Price <BR>
Per Share<sup>(2)</sup></td>
    <td style="width: 17%; border-top: Black 1.5pt double; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.9pt 5.75pt 2pt; text-align: center">Proposed <BR>
Maximum <BR>
Aggregate <BR>
Offering Price</td>
    <td style="width: 15%; border-top: Black 1.5pt double; border-bottom: Black 1pt solid; padding: 2.9pt 5.75pt 2pt; text-align: center">Amount of <BR>
Registration <BR>
Fee</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding: 2.9pt 5.75pt; text-align: left">Common Stock, no par value per share</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding: 2.9pt 5.75pt; text-align: center">125,000<sup>(1)</sup></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding: 2.9pt 5.75pt; text-align: center">$18.11</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding: 2.9pt 5.75pt; text-align: center">$2,263,750<sup>(2)</sup></td>
    <td style="border-bottom: Black 1.5pt double; padding: 2.9pt 5.75pt; text-align: center">$291.57<sup>(2)</sup></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 0.25in; text-align: justify; text-indent: -0.25in">_____________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">Pursuant to Rule 416 under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;),
this Registration Statement also relates to an indeterminate number of additional shares of common stock that may be necessary
to adjust the number of shares issuable under the First Bancorp Employees&rsquo; 401(k) Savings Plan (the &ldquo;Plan&rdquo;) as
a result of a stock split, stock dividend, recapitalization or similar adjustment of the outstanding common stock of the Registrant.
Pursuant to Rule 416(c), this Registration Statement further covers an indeterminate amount of shares and interests to be offered
and sold pursuant to the Plan.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">Estimated pursuant to Rule 457(c) and Rule 457(h) of the Securities Act solely for the purpose
of calculating the registration fee, based on the average of the high and low prices of the Registrant&rsquo;s common stock on
June&nbsp;24, 2014 as reported on the NASDAQ Global Select Market.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">PART
I</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>INFORMATION REQUIRED IN THE SECTION
10(a) PROSPECTUS</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 1.</TD>
    <TD STYLE="text-align: justify">Plan Information.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Not filed as part
of this Registration Statement pursuant to the Note to Part I of Form S-8.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 2.</TD>
    <TD STYLE="text-align: justify">Registrant Information and Employee Plan Annual Information.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Not filed as part
of this Registration Statement pursuant to the Note to Part I of Form S-8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">PART
II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 3.</TD>
    <TD STYLE="text-align: justify">Incorporation of Documents by Reference.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The following documents
previously filed by the Company with the Commission are incorporated by reference into this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Company&rsquo;s
Annual Report on Form 10-K for the fiscal year ended December 31, 2013;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Company&rsquo;s
Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2014;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Company&rsquo;s Current Reports on Form 8-K filed on February 27, 2014, March 14, 2014, May&nbsp;13, 2014,  May 28, 2014 and
June 16, 2014; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the description
of the Company&rsquo;s common stock, no par value per share, contained in the Company&rsquo;s registration statement on Form 8-A
as filed with the SEC on April 8, 1987, including any amendment or report filed for the purpose of updating such description.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">All documents subsequently
filed by the Company with the SEC pursuant to Section 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the &ldquo;Exchange
Act&rdquo;) after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates
that all securities offered by this Registration Statement have been sold or that deregisters all securities then remaining unsold
shall be deemed incorporated by reference into this Registration Statement to be a part hereof from the date of the filing of such
documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Any statement contained
herein or in the documents incorporated, or deemed to be incorporated, by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed
document that also is, or is deemed to be, incorporated by reference herein modifies or supersedes such statement. Any such statement
so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 4.</TD>
    <TD STYLE="text-align: justify">Description of Securities.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Not applicable.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 5.</TD>
    <TD STYLE="text-align: justify">Interests of Named Experts And Counsel.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Not applicable.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 6.</TD>
    <TD STYLE="text-align: justify">Indemnification of Directors and Officers.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Section 55-2-02
of the North Carolina Business Corporation Act (the &ldquo;Business Corporation Act&rdquo;) enables a corporation in its articles
of incorporation to eliminate or limit, with certain exceptions, the personal liability of a director for monetary damages for
breach of duty as a director. No such provision is effective to eliminate or limit a director&rsquo;s liability for (i) acts or
omissions that the director at the time of the breach knew or believed to be clearly in conflict with the best interests of the
corporation, (ii) improper distributions as described in Section 55-8-33 of the Business Corporation Act, (iii) any transaction
from which the director derived an improper personal benefit or (iv)&nbsp;acts or omissions occurring prior to the date the exculpatory
provision became effective. The Company&rsquo;s articles of incorporation, as amended, limit the personal liability of its directors
to the fullest extent permitted by the Business Corporation Act, as amended from time to time. Any repeal or modification of this
provision by the Company&rsquo;s shareholders will not adversely affect any limitation on the personal liability of a director
of the Company existing at the time of the repeal or modification.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Sections 55-8-50
through 55-8-58 of the Business Corporation Act permit a corporation to indemnify its directors, officers, employees or agents
under either or both a statutory or nonstatutory scheme of indemnification. Under the statutory scheme, a corporation may, with
certain exceptions, indemnify a director of the corporation who was, is, or is threatened to be made, a party to any threatened,
pending or completed legal action, suit or proceeding, whether civil, criminal, administrative, or investigative, because of the
fact that such person was or is a director of the corporation, or is or was serving at the request of such corporation as a director
of another corporation or enterprise. This indemnity may include the obligation to pay any judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit plan) or reasonable expenses incurred in connection with
a proceeding (including counsel fees), but no such indemnification may be granted unless such director (i) conducted himself in
good faith, (ii) reasonably believed (a) that any action taken in his official capacity with the corporation was in the best interests
of the corporation or (b) that in all other cases his conduct was not opposed to the corporation&rsquo;s best interests, and (iii)
in the case of any criminal proceeding, had no reasonable cause to believe his conduct was unlawful. Whether a director has met
the requisite standard of conduct for the type of indemnification set forth above is determined by a majority vote of a quorum
of the board of directors (excluding any director party to the proceeding at question), a committee of directors, special legal
counsel or the shareholders in accordance with Section 55-8-55 of the Business Corporation Act. Under the statutory scheme, a corporation
may not indemnify a director in connection with a proceeding by or in the right of the corporation in which the director was adjudged
liable to the corporation or in connection with any other proceeding in which the director was adjudged liable on the basis of
having received an improper personal benefit. Pursuant to Section 55-8-56 of the Business Corporation Act, a corporation may also
indemnify officers, employees or agents under this statutory scheme.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Sections 55-8-52
and 55-8-56 of the Business Corporation Act require a corporation, unless its articles of incorporation provide otherwise, to indemnify
a director or officer who has been wholly successful, on the merits or otherwise, in the defense of any proceeding to which such
director or officer was, or was threatened to be, made a party because he is or was a director or officer of the corporation. Unless
prohibited by the articles of incorporation, a director or officer also may make application and obtain court-ordered indemnification
if the court determines that such director or officer is entitled to mandatory indemnification under Section 55-8-52 of the Business
Corporation Act or is fairly and reasonably entitled to indemnification in view of all the relevant circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In addition to,
and notwithstanding the conditions of and limitations on, the indemnification described above under the statutory scheme, Section
55-8-57 of the Business Corporation Act permits a corporation, in its articles of incorporation or bylaws, by contract or by resolution,
to indemnify, or agree to indemnify, any of its directors, officers, employees or agents against liability and expenses (including
counsel fees) in any proceeding (including proceedings brought by or on behalf of the corporation) arising out of their status
as such or their activities in such capacities, except for any liabilities or expenses incurred on account of activities that were,
at the time taken, known or believed by the person to be clearly in conflict with the best interests of the corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In addition, Section
55-8-57 of the Business Corporation Act authorizes a corporation to purchase and maintain insurance on behalf of an individual
who is or was a director, officer, employee or agent of the corporation against certain liabilities incurred by such a person,
whether or not the corporation is otherwise authorized by the Business Corporation Act to indemnify that person. The Company has
purchased and maintains such insurance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
amended and restated bylaws provide that the Company shall indemnify, to the fullest extent permitted by law, any person who at
any time serves or has served as a director, officer, employee or agent of the Company against reasonable expenses (including attorneys&rsquo;
fees) incurred or reasonable payments made in connection with any pending, threatened or completed civil, criminal, administrative
or investigative action, suit or proceeding, whether or not brought by or on behalf of the Company, by reason of the fact that
he is or was a director, officer, employee or agent of the Company or serves or served any other enterprise as a director, officer,
employee or agent at the request of the Company. The rights of any director or officer include advancement of expenses from time
to time to the fullest extent permitted by law. The amended and restated bylaws provide that the right of indemnification is not
exclusive of other rights to which such person may be entitled, and that the right inures to the legal representatives of such
person. The Company also has separate indemnification agreements with various current and past directors and officers.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 7.</TD>
    <TD STYLE="text-align: justify">Exemption from Registration Claimed.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Not applicable.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 8.</TD>
    <TD STYLE="text-align: justify">Exhibits.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">See the Exhibit
Index.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-bottom: 12pt; font: bold 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.75in">Item 9.</TD>
    <TD STYLE="text-align: justify">Undertakings.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company
hereby undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.8in; text-align: justify; text-indent: 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.3in; text-align: justify; text-indent: 0.6in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.3in; text-align: justify; text-indent: 0.6in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent
post-effective amendment hereof) which, individually or in the aggregate, represent a fundamental change in the information set
forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if
the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high
end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering
price set forth in the &ldquo;Calculation of Registration Fee&rdquo; table in the effective registration statement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.3in; text-align: justify; text-indent: 0.6in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement
or any material change to such information in this Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>provided, however</I>, that paragraphs
(a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed with or furnished to the Commission by the Company pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;) that are incorporated by reference in this
Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.8in; text-align: justify; text-indent: 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial <I>bona fide</I> offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.8in; text-align: justify; text-indent: 0.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company
hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Company&rsquo;s
annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit
plan&rsquo;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such
securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company
hereby undertakes that insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors,
officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised
that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the
Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: justify; text-indent: 0.5in">Pursuant to the
requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Southern Pines, State of North Carolina on this 27th day of June, 2014.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="padding-bottom: 24pt; text-align: justify">&nbsp;</td>
    <td colspan="2" style="padding-bottom: 24pt; text-align: justify"><b>FIRST BANCORP</b></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="width: 0.5in; text-align: justify">By:</td>
    <TD STYLE="width: 3in; text-align: justify; border-bottom: Black 1pt solid">/s/ Richard H. Moore</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">Richard H. Moore</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-bottom: 24pt; text-align: justify">&nbsp;</td>
    <TD STYLE="padding-bottom: 24pt; text-align: justify">&nbsp;</td>
    <TD STYLE="padding-bottom: 24pt; text-align: justify">President and Chief Executive Officer</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: justify; text-indent: 0.5in">Pursuant to the
requirements of the Securities Act of 1933, the trustees (or other persons who administer the employee benefit plan) have duly
caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Southern
Pines, State of North Carolina on this 27th day of June, 2014.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="padding-bottom: 0.25in; text-align: left">&nbsp;</td>
    <td colspan="2" style="padding-bottom: 0.25in; text-align: left"><b>FIRST BANCORP EMPLOYEES&rsquo; 401(k) SAVINGS PLAN</b></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="width: 0.5in; text-align: justify">By:</td>
    <TD STYLE="width: 3in; text-align: justify; border-bottom: Black 1pt solid">/s/ Eric P. Credle</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</td>
    <TD STYLE="text-align: left">&nbsp;</td>
    <TD STYLE="text-align: left">Eric P. Credle</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-bottom: 24pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-bottom: 24pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-bottom: 24pt; text-align: left">Member of the First Bancorp Employees&rsquo; 401(k)<BR>
 Savings Plan Administrative Committee</td></tr>
</table>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 24.5pt">KNOW ALL MEN BY
THESE PRESENTS, that each person whose signature appears below constitutes and appoints Richard H. Moore and Eric P. Credle his
true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, for him or her and in his
name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, to this
Registration Statement, and any registration statement relating to the offering covered by this Registration Statement and filed
pursuant to Rule 462(b) under the Securities Act of 1933, and to file the same, with exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he or she might or could do in person, hereby ratifying and confirming all that each of said attorneys-in-fact
and agents or their substitute or substitutes may lawfully so or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the
dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; text-decoration: underline"><b><u>Signature</u></b></td>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center"><b>&nbsp;</b></td>
    <TD STYLE="width: 45%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 100pt; text-align: left; text-decoration: underline; vertical-align: top"><b><u>Title</u></b></td>
    <TD STYLE="width: 19%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; text-decoration: underline"><b><u>Date</u></b></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Richard
        H. Moore</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Richard H. Moore</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">President, Chief Executive Officer and Director <BR>
(<i>Principal Executive Officer</i>)</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Eric P.
        Credle</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Eric P. Credle</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Executive Vice President and Chief Financial Officer <BR>
(<i>Principal Financial and Accounting Officer</i>)</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Daniel T.
        Blue, Jr.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Daniel T. Blue, Jr.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Jack D.
        Briggs</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Jack D. Briggs</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Mary Clara
        Capel</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Mary Clara Capel</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ James C.
        Crawford, III</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">James C. Crawford</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ James G.
        Hudson, Jr.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">James G. Hudson, Jr.</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ George R.
        Perkins, Jr.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">George R. Perkins, Jr.</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Thomas F.
        Phillips</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Thomas F. Phillips</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Frederick
        L. Taylor, II</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Frederick L. Taylor II</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

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<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; text-decoration: underline; width: 33%"><b><u>Signature</u></b></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; width: 3%"><b>&nbsp;</b></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 20pt; text-align: left; text-decoration: underline; vertical-align: bottom; width: 45%"><b><u>Title</u></b></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; text-decoration: underline; width: 19%"><b><u>Date</u></b></td></tr>

<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 33%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Virginia
        C. Thomasson</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Virginia C. Thomasson</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left; width: 3%">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left; width: 45%">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; width: 19%">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ Dennis A.
        Wicker</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">Dennis A. Wicker</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; border-bottom: Black 0.5pt solid">/s/ John C.
        Willis</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">John C. Willis</P></td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">&nbsp;</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Director</td>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center">June 27, 2014</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>EXHIBIT INDEX</B></P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; text-decoration: underline; vertical-align: top"><u>EXHIBIT NO.</u></td>
    <td style="width: 80%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left; text-decoration: underline"><u>DESCRIPTION</u></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; vertical-align: top">4.1</td>
    <td style="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Form of Common Stock Certificate filed as Exhibit 4 to the Company&rsquo;s Quarterly Report on Form 10-Q for the quarter ended June 30, 1999, is incorporated herein by reference</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; vertical-align: top">5.1</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">The shares of common stock of the Company
        registered hereby to be offered and sold pursuant to the Plan will be purchased in open market transactions. Because none of such
        shares will be original issuance securities, no opinion of counsel regarding the legality of the securities being registered is
        required.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">The Company hereby undertakes that it will
        submit or has submitted the Plan and any amendment thereto to the Internal Revenue Service (&ldquo;IRS&rdquo;) in a timely manner
        and has made or will make all changes required by the IRS in order to qualify the Plan.</P></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center; vertical-align: top">23.1*</td>
    <td style="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: left">Consent of Elliott Davis, PLLC</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0.25in; padding-left: 5.4pt; text-align: center; vertical-align: top">24.1*</td>
    <td style="padding-right: 5.4pt; padding-bottom: 0.25in; padding-left: 5.4pt; text-align: left">Powers of Attorney (included in the signature pages to the Registration Statement)</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: justify">_____________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: justify">*Filed herewith</P>



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[{"type": "S-8", "sequence": "1", "filename": "s8-139180_fbnc.htm", "description": "S-8", "secsgml_size_bytes": 58664}]
{"company-data": {"conformed-name": "FIRST BANCORP /NC/", "cik": "0000811589", "assigned-sic": "6022", "irs-number": "561421916", "state-of-incorporation": "NC", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-197114", "film-number": "14948324"}, "business-address": {"street1": "341 NORTH MAIN ST", "street2": "PO BOX 508", "city": "TROY", "state": "NC", "zip": "27371-0508", "phone": "9105766171"}}
As filed with the Securities and Exchange
Commission on June 30, 2014
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM S-8
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
________________
FIRST
BANCORP
(Exact Name of Registrant as Specified in its Charter)
North Carolina
56-1421916
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer
Identification No.)
300 SW Broad Street, Southern Pines, North
Carolina 28387
(Address of Principal Executive Offices)
First Bancorp Employees' 401(k) Savings
Plan
(Full Title of the Plan)
Richard H. Moore
President and Chief Executive Officer
First Bancorp
300 SW Broad Street
Southern Pines, North Carolina 28387
(Name
and Address of Agent for Service)
(910) 246-2500
(Telephone
Number, Including Area Code, of Agent for Service)
Indicate by check
mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting
company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
¨
Accelerated filer
ý
Non-accelerated filer
¨
Smaller reporting company
¨
(Do not check if a smaller reporting
company)
___________________
Copy to:
Henry H. Ralston
Robinson, Bradshaw & Hinson, P.A.
101 North Tryon Street, Suite 1900
Charlotte, North Carolina 28246
(704) 377-2536
CALCULATION OF REGISTRATION FEE
Title of Securities
To Be Registered
Amount To Be
Registered
Proposed
Maximum
Offering Price
Per Share
(2)
Proposed
Maximum
Aggregate
Offering Price
Amount of
Registration
Fee
Common Stock, no par value per share
125,000
(1)
$18.11
$2,263,750
(2)
$291.57
(2)
_____________
(1)
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"),
this Registration Statement also relates to an indeterminate number of additional shares of common stock that may be necessary
to adjust the number of shares issuable under the First Bancorp Employees' 401(k) Savings Plan (the "Plan") as
a result of a stock split, stock dividend, recapitalization or similar adjustment of the outstanding common stock of the Registrant.
Pursuant to Rule 416(c), this Registration Statement further covers an indeterminate amount of shares and interests to be offered
and sold pursuant to the Plan.
(2)
Estimated pursuant to Rule 457(c) and Rule 457(h) of the Securities Act solely for the purpose
of calculating the registration fee, based on the average of the high and low prices of the Registrant's common stock on
June 24, 2014 as reported on the NASDAQ Global Select Market.
PART
I
INFORMATION REQUIRED IN THE SECTION
10(a) PROSPECTUS
Item 1.
Plan Information.
Not filed as part
of this Registration Statement pursuant to the Note to Part I of Form S-8.
Item 2.
Registrant Information and Employee Plan Annual Information.
Not filed as part
of this Registration Statement pursuant to the Note to Part I of Form S-8.
I-
1
PART
II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents
previously filed by the Company with the Commission are incorporated by reference into this Registration Statement:
(a)           the Company's
Annual Report on Form 10-K for the fiscal year ended December 31, 2013;
(b)           the Company's
Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2014;
(c)           the
Company's Current Reports on Form 8-K filed on February 27, 2014, March 14, 2014, May 13, 2014,  May 28, 2014 and
June 16, 2014; and
(d)           the description
of the Company's common stock, no par value per share, contained in the Company's registration statement on Form 8-A
as filed with the SEC on April 8, 1987, including any amendment or report filed for the purpose of updating such description.
All documents subsequently
filed by the Company with the SEC pursuant to Section 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the "Exchange
Act") after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates
that all securities offered by this Registration Statement have been sold or that deregisters all securities then remaining unsold
shall be deemed incorporated by reference into this Registration Statement to be a part hereof from the date of the filing of such
documents.
Any statement contained
herein or in the documents incorporated, or deemed to be incorporated, by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed
document that also is, or is deemed to be, incorporated by reference herein modifies or supersedes such statement. Any such statement
so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts And Counsel.
Not applicable.
Item 6.
Indemnification of Directors and Officers.
Section 55-2-02
of the North Carolina Business Corporation Act (the "Business Corporation Act") enables a corporation in its articles
of incorporation to eliminate or limit, with certain exceptions, the personal liability of a director for monetary damages for
breach of duty as a director. No such provision is effective to eliminate or limit a director's liability for (i) acts or
omissions that the director at the time of the breach knew or believed to be clearly in conflict with the best interests of the
corporation, (ii) improper distributions as described in Section 55-8-33 of the Business Corporation Act, (iii) any transaction
from which the director derived an improper personal benefit or (iv) acts or omissions occurring prior to the date the exculpatory
provision became effective. The Company's articles of incorporation, as amended, limit the personal liability of its directors
to the fullest extent permitted by the Business Corporation Act, as amended from time to time. Any repeal or modification of this
provision by the Company's shareholders will not adversely affect any limitation on the personal liability of a director
of the Company existing at the time of the repeal or modification.
II-
1
Sections 55-8-50
through 55-8-58 of the Business Corporation Act permit a corporation to indemnify its directors, officers, employees or agents
under either or both a statutory or nonstatutory scheme of indemnification. Under the statutory scheme, a corporation may, with
certain exceptions, indemnify a director of the corporation who was, is, or is threatened to be made, a party to any threatened,
pending or completed legal action, suit or proceeding, whether civil, criminal, administrative, or investigative, because of the
fact that such person was or is a director of the corporation, or is or was serving at the request of such corporation as a director
of another corporation or enterprise. This indemnity may include the obligation to pay any judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit plan) or reasonable expenses incurred in connection with
a proceeding (including counsel fees), but no such indemnification may be granted unless such director (i) conducted himself in
good faith, (ii) reasonably believed (a) that any action taken in his official capacity with the corporation was in the best interests
of the corporation or (b) that in all other cases his conduct was not opposed to the corporation's best interests, and (iii)
in the case of any criminal proceeding, had no reasonable cause to believe his conduct was unlawful. Whether a director has met
the requisite standard of conduct for the type of indemnification set forth above is determined by a majority vote of a quorum
of the board of directors (excluding any director party to the proceeding at question), a committee of directors, special legal
counsel or the shareholders in accordance with Section 55-8-55 of the Business Corporation Act. Under the statutory scheme, a corporation
may not indemnify a director in connection with a proceeding by or in the right of the corporation in which the director was adjudged
liable to the corporation or in connection with any other proceeding in which the director was adjudged liable on the basis of
having received an improper personal benefit. Pursuant to Section 55-8-56 of the Business Corporation Act, a corporation may also
indemnify officers, employees or agents under this statutory scheme.
Sections 55-8-52
and 55-8-56 of the Business Corporation Act require a corporation, unless its articles of incorporation provide otherwise, to indemnify
a director or officer who has been wholly successful, on the merits or otherwise, in the defense of any proceeding to which such
director or officer was, or was threatened to be, made a party because he is or was a director or officer of the corporation. Unless
prohibited by the articles of incorporation, a director or officer also may make application and obtain court-ordered indemnification
if the court determines that such director or officer is entitled to mandatory indemnification under Section 55-8-52 of the Business
Corporation Act or is fairly and reasonably entitled to indemnification in view of all the relevant circumstances.
In addition to,
and notwithstanding the conditions of and limitations on, the indemnification described above under the statutory scheme, Section
55-8-57 of the Business Corporation Act permits a corporation, in its articles of incorporation or bylaws, by contract or by resolution,
to indemnify, or agree to indemnify, any of its directors, officers, employees or agents against liability and expenses (including
counsel fees) in any proceeding (including proceedings brought by or on behalf of the corporation) arising out of their status
as such or their activities in such capacities, except for any liabilities or expenses incurred on account of activities that were,
at the time taken, known or believed by the person to be clearly in conflict with the best interests of the corporation.
In addition, Section
55-8-57 of the Business Corporation Act authorizes a corporation to purchase and maintain insurance on behalf of an individual
who is or was a director, officer, employee or agent of the corporation against certain liabilities incurred by such a person,
whether or not the corporation is otherwise authorized by the Business Corporation Act to indemnify that person. The Company has
purchased and maintains such insurance.
The Company's
amended and restated bylaws provide that the Company shall indemnify, to the fullest extent permitted by law, any person who at
any time serves or has served as a director, officer, employee or agent of the Company against reasonable expenses (including attorneys'
fees) incurred or reasonable payments made in connection with any pending, threatened or completed civil, criminal, administrative
or investigative action, suit or proceeding, whether or not brought by or on behalf of the Company, by reason of the fact that
he is or was a director, officer, employee or agent of the Company or serves or served any other enterprise as a director, officer,
employee or agent at the request of the Company. The rights of any director or officer include advancement of expenses from time
to time to the fullest extent permitted by law. The amended and restated bylaws provide that the right of indemnification is not
exclusive of other rights to which such person may be entitled, and that the right inures to the legal representatives of such
person. The Company also has separate indemnification agreements with various current and past directors and officers.
II-
2
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
See the Exhibit
Index.
Item 9.
Undertakings.
(a)           The Company
hereby undertakes:
(1)           To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i)           to
include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the "Securities Act");
(ii)           to
reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent
post-effective amendment hereof) which, individually or in the aggregate, represent a fundamental change in the information set
forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if
the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high
end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering
price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and
(iii)           to
include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement
or any material change to such information in this Registration Statement;
provided, however
, that paragraphs
(a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed with or furnished to the Commission by the Company pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934, as amended (the "Exchange Act") that are incorporated by reference in this
Registration Statement.
(2)           That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial
bona fide
offering thereof.
(3)           To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.
(b)           The Company
hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Company's
annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such
securities at that time shall be deemed to be the initial
bona fide
offering thereof.
II-
3
(c)           The Company
hereby undertakes that insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors,
officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised
that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the
Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final adjudication of such issue.
II-
4
SIGNATURES
Pursuant to the
requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Southern Pines, State of North Carolina on this 27th day of June, 2014.
FIRST BANCORP
By:
/s/ Richard H. Moore
Richard H. Moore
President and Chief Executive Officer
Pursuant to the
requirements of the Securities Act of 1933, the trustees (or other persons who administer the employee benefit plan) have duly
caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Southern
Pines, State of North Carolina on this 27th day of June, 2014.
FIRST BANCORP EMPLOYEES' 401(k) SAVINGS PLAN
By:
/s/ Eric P. Credle
Eric P. Credle
Member of the First Bancorp Employees' 401(k)
Savings Plan Administrative Committee
KNOW ALL MEN BY
THESE PRESENTS, that each person whose signature appears below constitutes and appoints Richard H. Moore and Eric P. Credle his
true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, for him or her and in his
name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, to this
Registration Statement, and any registration statement relating to the offering covered by this Registration Statement and filed
pursuant to Rule 462(b) under the Securities Act of 1933, and to file the same, with exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he or she might or could do in person, hereby ratifying and confirming all that each of said attorneys-in-fact
and agents or their substitute or substitutes may lawfully so or cause to be done by virtue hereof.
Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the
dates indicated.
Signature
Title
Date
/s/ Richard
        H. Moore
Richard H. Moore
President, Chief Executive Officer and Director
(
Principal Executive Officer
)
June 27, 2014
/s/ Eric P.
        Credle
Eric P. Credle
Executive Vice President and Chief Financial Officer
(
Principal Financial and Accounting Officer
)
June 27, 2014
/s/ Daniel T.
        Blue, Jr.
Daniel T. Blue, Jr.
Director
June 27, 2014
/s/ Jack D.
        Briggs
Jack D. Briggs
Director
June 27, 2014
/s/ Mary Clara
        Capel
Mary Clara Capel
Director
June 27, 2014
/s/ James C.
        Crawford, III
James C. Crawford
Director
June 27, 2014
/s/ James G.
        Hudson, Jr.
James G. Hudson, Jr.
Director
June 27, 2014
/s/ George R.
        Perkins, Jr.
George R. Perkins, Jr.
Director
June 27, 2014
/s/ Thomas F.
        Phillips
Thomas F. Phillips
Director
June 27, 2014
/s/ Frederick
        L. Taylor, II
Frederick L. Taylor II
Director
June 27, 2014
Signature
Title
Date
/s/ Virginia
        C. Thomasson
Virginia C. Thomasson
Director
June 27, 2014
/s/ Dennis A.
        Wicker
Dennis A. Wicker
Director
June 27, 2014
/s/ John C.
        Willis
John C. Willis
Director
June 27, 2014
EXHIBIT INDEX
EXHIBIT NO.
DESCRIPTION
4.1
Form of Common Stock Certificate filed as Exhibit 4 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 1999, is incorporated herein by reference
5.1
The shares of common stock of the Company
        registered hereby to be offered and sold pursuant to the Plan will be purchased in open market transactions. Because none of such
        shares will be original issuance securities, no opinion of counsel regarding the legality of the securities being registered is
        required.
The Company hereby undertakes that it will
        submit or has submitted the Plan and any amendment thereto to the Internal Revenue Service ("IRS") in a timely manner
        and has made or will make all changes required by the IRS in order to qualify the Plan.
23.1*
Consent of Elliott Davis, PLLC
24.1*
Powers of Attorney (included in the signature pages to the Registration Statement)
_____________
*Filed herewith