People: First Bancorp (FBNC.OQ)

FBNC.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Mary Capel

55 2013 Chairman of the Board

Richard Moore

53 2012 President, Chief Executive Officer, Director

Eric Credle

45 2007 Chief Financial Officer, Executive Vice President of the Company and First Bank

James Crawford

57 2013 Chairman of First Bank; Director

R. Winston Dozier

56 2013 Chairman - First Bank Insurance Services; Independent Director

Michael Mayer

54 2014 President of First Bank

Lee McLaurin

52 2010 Executive Vice President, Controller of the Company and First Bank

Timothy Maples

53 2010 EVP, Assistant Secretary of the Company and First Bank and Chief Investment Officer of First Bank

R. Walton Brown

61 2013 Executive Vice President of the Company; Executive Vice President, Director of the First Bank

John Burns

66 2013 Executive Vice President of the company ; Executive Vice President, Director of First Bank

Cathy Dudley

54 2014 Executive Vice President of First Bank

Robert Patterson

48 2012 Executive Vice President, Co-Chief Credit Officer of First Bank

Rex Scott

58 2012 Senior Vice President, Chief Information Officer of First Bank

Edward Soccorso

41 Executive Vice President, Co- Chief Credit Officer of First Bank

J. Dorson White

63 2011 Executive Vice President, Chief Retail Banking Officer of First Bank

Thomas Phillips

68 2013 Director of the Company and First Bank

Daniel Blue

65 2010 Independent Director

Jack Briggs

74 1983 Independent Director

James Hudson

74 2008 Independent Director

George Perkins

74 1996 Independent Director

Frederick Taylor

44 2005 Independent Director

Virginia Thomasson

62 2000 Independent Director

Dennis Wicker

61 2001 Independent Director

John Willis

71 1983 Independent Director

Biographies

Name Description

Mary Capel

Ms. Mary Clara Capel is Chairman of the Board of First Bancorp. She is a member of senior management as the director of administration at Capel, Incorporated, a rug manufacturer, importer and exporter located in Troy, North Carolina, where she has been employed since 1981, including ten years in her current position. She is also the owner of a retail business in Chapel Hill, North Carolina. Ms. Capel has been a director of the Company and First Bank since 2005.

Richard Moore

Mr. Richard H. Moore is President, Chief Executive Officer, Director of First Bancorp. Prior to joining the Company, he served as a managing director of San Diego-based Relational Investors LLC, a Registered Investment Advisor that advises the investment decisions of some of the pension funds in the world. Prior to joining Relational Investors, Mr. Moore served two terms as State Treasurer of North Carolina. Mr. Moore also previously served as Chair of the North Carolina State Banking Commission for eight years. Mr. Moore served two terms on the Board of Executives of the New York Stock Exchange and continues to serve on the New York Stock Exchange Regulation board. Mr. Moore was previously an Assistant U.S. Attorney and also practiced corporate, real estate and tax law for many years. Mr. Moore is currently a trustee of Wake Forest University and serves on its Investment Committee. Mr. Moore is also a director of the Durham-based North Carolina Mutual Life Insurance Company.

Eric Credle

Mr. Eric P. Credle is Chief Financial Officer, Executive Vice President of First Bancorp and First Bank. He has served as the Chief Financial Officer of the Company and First Bank since joining the Company in 1997.

James Crawford

Mr. James C. Crawford, III, is Chairman of First Bank and Director of First Bancorp. He served on the Board of Directors, including as its Chairman, of Great Pee Dee Bancorp, Inc., a bank holding company headquartered in Cheraw, South Carolina, from 1992 until its acquisition by the Company in April 2008. Mr. Crawford is the retired Chairman and Chief Executive Officer of B.C. Moore and Sons, Inc., a department store chain. Mr. Crawford has been a director of the Company and First Bank since 2008.

R. Winston Dozier

Mr. R. Winston Dozier is Chairman - First Bank Insurance Services, Independent Director of First Bancorp. He is the former owner and operator of Quik Chek, Inc., a convenience store with 34 locations, headquartered in Troy, North Carolina. Mr. Dozier owned and operated Quik Chek from 1980 until its sale in 2006. Mr. Dozier has been a director of the Company and First Bank since 2010.

Michael Mayer

Mr. Michael G. Mayer has been appointed as President of First Bank, a subsidiary Company of First Bancorp, effective March 10, 2014. Mr. Mayer most recently served as Chief Executive Officer of 1st Financial Services Corporation, parent company of Mountain 1st Bank & Trust, a position he held from January 2010 until 1st Financial Services Corporation’s acquisition in January of 2014. Mr. Mayer previously served as President and Chief Executive Officer of Carolina Commerce Bank from 2009 until 2010 and Colony Signature Bank (In Organization) from 2007 to 2009, and has held various senior banking positions over his thirty year banking career.

Lee McLaurin

Mr. Lee C. McLaurin is Executive Vice President, Controller of First Bancorp and First Bank. He has served as the Controller of the Company and First Bank since joining the Company in 1987. He served as Senior Vice President of the Company and First Bank from 1987 to 2010.

Timothy Maples

Mr. Timothy S. Maples is Executive Vice President, Assistant Secretary of First Bancorp and First Bank and Chief Investment Officer of First Bank, subsidiary of the Company. He served as Senior Vice President of the Company and First Bank from 2000 to 2010 and has served as Investment Officer of First Bank since joining the Company in 2000. He has served as Assistant Secretary of the Company and First Bank since 2005.

R. Walton Brown

Mr. R. Walton Brown is Executive Vice President of the Company; Executive Vice President, Director of the First Bank. He is an Executive Vice President of the Company and First Bank and has served in those positions since joining the Company in 2003. Mr. Brown was the chairman of the Board of Directors, President, and Chief Executive Officer of Carolina Community Bancshares, Inc., a bank holding company headquartered in Latta, South Carolina, from its inception in 1995 until its acquisition by the Company in January 2003. He served as the president of Carolina Community Bank, the bank subsidiary of Carolina Community Bancshares, and its predecessors from 1979 until January 2003. Mr. Brown served as a director of the Company from 2003 to 2013. Mr. Brown has been a director of First Bank since 2000 and continues to serve in that role.

John Burns

Mr. John F. Burns is Executive Vice President of the company ; Executive Vice President, Director of First Bank. He is an Executive Vice President of the Company and First Bank and has served in those positions since joining the Company in 2000. Mr. Burns served as a director and President and Chief Executive Officer of First Savings Bancorp, Inc. when First Savings merged with the Company in 2000, having been employed by First Savings since 1972. Mr. Burns served as director of the Company from 2000 until 2013. Mr. Burns has been a director of First Bank since 2000 and continues to serve in that role.

Cathy Dudley

Robert Patterson

Mr. Robert T. Patterson is Executive Vice President, Co-Chief Credit Officer of First Bank, a subsidiary of First Bancorp. Prior to April 2012, Mr. Patterson served as a Senior Vice President in First Bank’s credit administration department beginning in January 2009, after having been a branch officer since joining First Bank in 1997.

Rex Scott

Mr. Rex M. Scott is Senior Vice President, Chief Information Officer of First Bank, a subsidiary of First Bancorp. Prior to joining First Bank, Mr. Scott served as the Chief Operating Officer for CapStone Bank, a community bank headquartered in Raleigh, North Carolina.

Edward Soccorso

Mr. Edward F. Soccorso III, Jr., is Executive Vice President, Co- Chief Credit Officer of First Bank, a subsidiary of First Bancorp. Mr. Soccorso joined the Company in 2012. Prior to joining First Bank, Mr. Soccorso was Director at Piedmont Investment Advisors, LLC where he managed the team dedicated to advising the U.S. Treasury on bank investments made under the Troubled Asset Relief Program (TARP). Prior to joining Piedmont in 2009, Mr. Soccorso was a Senior Vice President at Four Corners Capital Management, LLC, a Registered Investment Advisor that managed asset backed and fixed income portfolios for institutional investors.

J. Dorson White

Mr. J. Dorson White, Jr., is Executive Vice President, Chief Retail Banking Officer of First Bank, a subsidiary of First Bancorp. Prior to joining First Bank, Mr. White served as the Chief Operating Officer of East Carolina Bank, a community bank headquartered in Engelhard, North Carolina.

Thomas Phillips

Mr. Thomas F. Phillips is Director of the Company and First Bank. He is an automobile dealer and owner of Phillips Ford, located in Carthage, North Carolina. He served as a director of First Savings Bancorp, Inc. from 1985 until its merger with the Company in 2000. Mr. Phillips has served as a director of the Company and First Bank since 2000. Mr. Phillips currently serves as the Chair of the Board of Directors of the Company.

Daniel Blue

Mr. Daniel T. Blue Jr., is an Independent Director of First Bancorp. He is the managing partner of the law firm Blue Stephens and Fellers LLP, located in Raleigh, North Carolina, where he has been an attorney since 1976. In 1980, Mr. Blue was elected to the North Carolina House of Representatives and was re-elected twelve times. From 1991 – 1995, Mr. Blue was twice elected Speaker of the North Carolina House of Representatives. Mr. Blue currently serves in the North Carolina Senate, representing Wake County. Mr. Blue is the immediate past Chair of the Board of Trustees of Duke University. He is also a member of the Duke University Health System and a former director of Duke University Management Company. Mr. Blue has been a director of the Company and First Bank since 2010.

Jack Briggs

Mr. Jack D. Briggs is an Independent Director of First Bancorp. He is a funeral director and is president and owner of J. Briggs, Inc., Davidson Funeral Home, Inc., Carter Funeral Home, Inc., and Mountain View of Denton, Inc., and secretary of Piedmont Funeral Home. Mr. Briggs has been in the funeral director business since 1970. Mr. Briggs has been a director of the Company since its formation in 1983 and a director of First Bank since 1976.

James Hudson

Mr. James G. Hudson, Jr. is an Independent Director of First Bancorp. He served as a director and President and Chief Executive Officer of Century Bancorp, Inc., a bank holding company headquartered in Thomasville, North Carolina, at the time of its acquisition by the Company in 2001, having been employed with Century Bancorp since 1972. Mr. Hudson has served as a director of the Company and First Bank since 2001. He was employed as an Executive Vice President of First Bank from 2001 until his retirement in May 2008.

George Perkins

Mr. George R. Perkins, Jr., is an Independent Director of First Bancorp. He is the retired Chief Executive Officer of Frontier Spinning Mills, Inc., a yarn manufacturer located in Sanford, North Carolina. Mr. Perkins served in this role from 1996 until his retirement in 2009. Mr. Perkins has been a director of the Company and First Bank since 1996.

Frederick Taylor

Mr. Frederick L. Taylor, II is an Independent Director of First Bancorp. He is President of Troy Lumber Company, located in Troy, North Carolina, where he has been employed since 1992. Mr. Taylor has been a director of the Company and First Bank since 2005.

Virginia Thomasson

Ms. Virginia C. Thomasson, CPA., is an Independent Director of First Bancorp. She is a Certified Public Accountant with the firm Holden, Thomasson, & Longfellow, P.C., located in Southern Pines, North Carolina, where she has been a partner since 1988. She served as a director of First Savings Bancorp, Inc. from 1997 until its merger with the Company in 2000. Ms. Thomasson has served as a director of the Company and First Bank since 2000.

Dennis Wicker

Mr. Dennis A. Wicker is an Independent Director of First Bancorp. He is a partner in the law firm Nelson Mullins Riley and Scarborough, LLP, located in Raleigh, North Carolina, a position he has held since 2009. From 2008 to 2009, Mr. Wicker was a shareholder and a member of the Executive Committee of the law firm of SZD Wicker, LPA, and from 2001 to 2008 he was a partner in the law firm of Helms, Mullis & Wicker, LLP. Mr. Wicker served as Lieutenant Governor of North Carolina from 1993 to 2001. Mr. Wicker has been a director of the Company and First Bank since 2001. For each of the past five years, Mr. Wicker has also been a director of the following public companies: Coca Cola Bottling Company Consolidated and Air T, Inc.

John Willis

Mr. John C. Willis is an Independent Director of First Bancorp. He is a private investor in restaurant and real estate interests. Mr. Willis has been a director of the Company since its formation in 1983 and a director of First Bank since 1980.
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