EX-21 5 fbnc2024-12ex21subsidiaries.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
First Bank (1) | North Carolina
First Bancorp Capital Trust II | Delaware
First Bancorp Capital Trust III | Delaware
First Bancorp Capital Trust IV | Delaware
Carolina Capital Trust | Delaware
New Century Statutory Trust I | Delaware
GrandSouth Capital Trust I | Delaware
(1) First Bank has three wholly owned subsidiaries – |
First Troy SPE, LLC | North Carolina
SBAC Complete, Inc. (dissolved effective January 8, 2025) | California
Magnolia Financial, Inc. | South Carolina