EX-21 3 fbnc2023-12ex21subsidiaries.htm EX-21
Exhibit 21
First Bancorp and Subsidiaries
List of Subsidiaries of Registrant

Name of Subsidiary and Name under Which Subsidiary Transacts Business | State of Incorporation | Address of Subsidiary
First Bank (1) | North Carolina | 300 SW Broad Street Southern Pines, North Carolina 28387
First Bancorp Capital Trust II | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387
First Bancorp Capital Trust III | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387
First Bancorp Capital Trust IV | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387
Carolina Capital Trust | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387
New Century Statutory Trust I | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387
GrandSouth Capital Trust I | Delaware | 300 SW Broad Street Southern Pines, North Carolina 28387

(1) First Bank has three wholly owned subsidiaries –
First Troy SPE, LLC, a North Carolina corporation located at 300 SW Broad Street, Southern Pines, North Carolina 28387 (I.R.S. Employer Identification Number 56-0132230).
SBA Complete, Inc., a California corporation located at 550 Continental Boulevard, Suite 120, El Segundo, California 90245 (I.R.S. Employer Identification Number 45-2516664).
Magnolia Financial, Inc., a South Carolina corporation located at 187 W. Broad Street, Spartanburg, South Carolina 29306 (I.R.S. Employer Identification Number 57-0661930).