Exhibit 10.a


EMPLOYMENT AGREEMENT


This Employment Agreement (the "Agreement")
is made and entered into on March 19, 2014 (the "Effective Date"), by and between First Bancorp (the "Company"),
and Edward F. Soccorso ("Employee"). References to the Company herein shall be deemed to refer to the Company and its
subsidiaries, including First Bank, unless the context requires or the Agreement provides otherwise.


 


The
Company desires to continue to employ Employee and Employee desires to accept such continued employment on the terms set forth
below.


In consideration of the mutual promises
set forth below and other good and valuable consideration, the receipt and sufficiency of which the parties acknowledge, the Company
and Employee agree as follows:


1.     EMPLOYMENT.
Employee's employment shall be subject to the terms and conditions set forth in this Agreement.


2.     NATURE
OF EMPLOYMENT/DUTIES. Employee shall serve as an Executive Vice President of First Bank and shall have such responsibilities
and authority as the Company may designate from time to time consistent with his title and position.


2.1     Employee shall perform all duties
and exercise all authority in accordance with, and otherwise comply with, all Company policies, procedures, practices and directions.


 


2.2     Employee shall devote substantially
all working time, best efforts, knowledge and experience to perform successfully his duties and advance the Company's interests.
During his employment, Employee shall not engage in any other business activities of any nature whatsoever (including board memberships)
for which he receives compensation without the Company's prior written consent; provided, however, this provision does not prohibit
him from personally owning and trading in stocks, bonds, securities, real estate, commodities or other investment properties for
his own benefit which do not create actual or potential conflicts of interest with the Company.


3.     COMPENSATION.


3.1      Base Salary. Employee's
annual base salary for all services rendered shall be Three Hundred and Twenty-Five Thousand and 00/100 Dollars ($325,000) (less
applicable taxes and withholdings) payable in accordance with the Company's customary payroll practices as they may exist from
time to time ("Base Salary").


 




    	 



    	 



    


3.2     Benefits.
Employee may participate in all medical, dental, disability, insurance, 401(k), vacation, leave, and other employee benefit plans
and programs which may be made available from time to time to Company employees at Employee's level; provided, however, that Employee's
participation is subject to the applicable terms, conditions and eligibility requirements of these plans and programs as they may
exist from time to time. Nothing in this Agreement shall require the Company to create, continue or refrain from amending, modifying,
revising or revoking any of its group plans, programs or benefits that are offered to employees. Employee acknowledges that the
Company, in its sole discretion, may amend, modify, revise or revoke any such group plans, programs or benefits and any amendments,
modifications, revisions and revocations of these plans, programs and benefits shall apply to Employee.


3.3     Business Expenses.
Employee shall be reimbursed for reasonable and necessary expenses actually incurred by him in performing services under this Agreement
in accordance with and subject to the terms and conditions of the applicable Company reimbursement policies, procedures and practices
as they may exist from time to time. All such reimbursements shall be made no later than March 15 of the year following the year
in which Employee incurred the expense.


3.4     Clawback.
Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation,
paid to Employee pursuant to this Agreement or any other agreement or arrangement with the Company which is subject to recovery
under any law, government regulation or stock exchange listing requirement, including, but not limited to, the Dodd-Frank Wall
Street Reform and Consumer Protection Act and implementing rules and regulations of that Act, will be subject to such deductions,
recovery, and clawback as may be required to be made pursuant to such law, government regulation or stock exchange listing requirement
(or any policy adopted by the Company pursuant to any such law, government regulation or stock exchange listing requirement). Employee
shall, upon written demand by the Company, promptly repay any such incentive-based compensation or other compensation or take such
other action as the Company may require for compliance with this Section.


4.     TERM OF EMPLOYMENT AND
TERMINATION . The initial term of this Agreement and Employee's employment hereunder shall be the one-year period
commencing on the Effective Date and terminating on the first anniversary of the Effective Date (the "Initial Term"),
provided that, on such anniversary of the Effective Date and on each annual anniversary thereafter, this Agreement shall automatically
renew for successive one year periods on the same terms and conditions set forth herein unless: (a) earlier terminated or amended
as provided herein or (b) either party gives the other written notice of non-renewal at least sixty (60) days prior to the end
of the Initial Term or any renewal term of this Agreement. The Initial Term and all applicable renewals thereof are referred to
herein as the "Term."


4.1      Without Cause, Upon Notice.
Either the Company or Employee may terminate Employee's employment and this Agreement without Cause at any time upon giving the
other party thirty (30) days written notice.


4.2      For Cause. The Company may terminate
Employee's employment and this Agreement immediately without notice at any time for "Cause," which shall mean the following:
(i) Employee's demonstrated gross negligence or willful misconduct in the execution of his duties; (ii) Employee's refusal to comply
with the Company's policies, procedures, practices or directions, after notice and opportunity to cure within fifteen (15) days
after such notice; (iii) Employee's commission of an act of dishonesty or moral turpitude; (iv) Employee's being convicted of a
felony; or (v) Employee's breach of this Agreement.


4.3      By Death or Disability. Employee's
employment and this Agreement shall terminate upon Employee's Disability or death. For purposes of this Agreement, "Disability"
shall mean Employee's physical or mental inability to perform substantially all of Employee's duties, with or without reasonable
accommodation, for a period of ninety (90) days, whether or not consecutive, during any 365-day period, as determined in the Company's
reasonable discretion and in accordance with any applicable law. The Company shall give Employee written notice of termination
for Disability and the termination shall be effective as of the date specified in such notice.


4.4      Following
a Change in Control, by Employee for Good Reason. Following a Change in Control, as defined herein, Employee may terminate
his employment and this Agreement if he has "Good Reason" to do so.


For purposes of this Agreement, "Good
Reason" shall mean: (i) a material diminution in Employee's authority, duties, or responsibilities from such immediately prior
to the Change in Control; (ii) a material change in the geographic location at which Employee must perform his services under this
Agreement; and (iii) any other action or inaction that constitutes a material breach by the Company of this Agreement. Provided
that, in order for Employee to be able to terminate for Good Reason, Employee must first provide notice to the Company of the condition
Employee contends constitutes Good Reason within thirty (30) days of the initial existence of such condition, and the Company must
have thirty (30) days in which to remedy the condition, and further, if the condition is not remedied, Employee must terminate
his employment within thirty (30) days of the end of the Company's thirty (30) day remedy period.



    	 



    	 



    




4.5     Survival.
Section 6 (Confidential Information, Company Property and Competitive Business Activities) of this Agreement shall survive the
termination of Employee's employment and/or the termination of this Agreement, regardless of the reasons for such termination.


5.     COMPENSATION AND BENEFITS UPON TERMINATION.


5.1     
By the Company for Cause or by Employee by Notice of Non-Renewal or Without Cause. If Employee's employment and this
Agreement are terminated by the Company for Cause or by Employee by notice of non-renewal or pursuant to Section 4.1 (Without
Cause, Upon Notice), then the Company's obligation to compensate Employee ceases on the effective termination date except as to
amounts of Base Salary earned, but unpaid as of the effective termination date.


5.2      By
the Company Without Cause, by Notice of Non-Renewal, or for Disability. If the Company terminates Employee's employment
and this Agreement without Cause, by notice of Non-Renewal, or for Disability, then the Company shall:


		(i)	pay Employee any earned, but unpaid compensation due as of the effective termination date; and



 


	 	(ii)	pay Employee a lump sum amount equal to the greater of his then-current Base Salary for six (6) months or the then
    remaining period of the Term (less applicable taxes and withholdings). Said lump sum payment
    shall be made on the date immediately following the date on which the release of claims
    required by Section 5.4 becomes effective. Said payment is subject to the conditions set forth in Section 5.4 below.




5.3     Following a Change in Control, by the
Company Without Cause or by Notice of Non-Renewal or by Employee for Good Reason. If the Company terminates Employee's
employment and this Agreement without Cause or by notice of non-renewal or if Employee terminates for Good Reason within twelve
(12) months following a Change in Control (as defined below), then Employee shall be entitled to receive:


		(i)	any earned, but unpaid compensation due as of the effective termination date; and



		(ii)	a lump sum payment equal to the lesser of (i) 2.99 times his then current Base Salary (less applicable
taxes and withholdings) and (ii) the product of 2.99 and the “base amount” as defined in Section 280G(b)(3) of the
Internal Revenue Code of 1986, as amended, and applicable rules and regulations thereunder; and, if Employee timely and properly
elects continuation coverage under the Consolidated Omnibus Reconciliation Act of 1985 ("COBRA"), the Company shall reimburse
Employee for the monthly COBRA premiums paid by Employee for himself and his dependents. Such reimbursement shall be paid to Employee
by the 15th day of the month immediately following the month in which Employee timely remits the premium payment. Employee shall
be eligible to receive such reimbursement until the earliest of: (i) the twelve (12) month anniversary of the date his employment
with the Company terminated; (ii) the date Employee is no longer eligible to receive COBRA continuation coverage; and (iii) the
date on which Employee becomes eligible to receive substantially similar coverage from another employer. Said lump sum payment
shall be made on the date immediately following the date on which the release of claims required by Section 5.4 becomes effective.
Said payment and reimbursements are subject to the conditions set forth in Section 5.4 below.



For purposes of this Agreement,
a "Change in Control" shall be deemed to have occurred on:


		(i)	the date on which any "person" or "group" (as such terms are used in Section
13(d) and 14(d) of the Exchange Act), other than the Company or any entity owned, directly or indirectly, by the stockholders of
the Company in substantially the same proportions as their ownership of the Company's common stock, becomes the beneficial owner
(as defined in Rules 13d-3 and 13d-5 under the Exchange Act) of shares representing more than 40% of the combined voting power
of the then-outstanding securities entitled to vote generally in the election of directors of the Company; or



    	 



    	 



    


		(ii)	the date on which (i) the Company merges with any other entity, (ii) the Company enters into a statutory
share exchange with another entity, or (iii) the Company conveys, transfers or leases all or substantially all of its assets to
any person; provided, however, that in the case of subclauses (i) and (ii), a Change of Control shall not be deemed to have occurred
if the shareholders of the Company immediately before such transaction own, directly or indirectly immediately following such transaction,
more than 60% of the combined voting power of the outstanding securities of the corporation resulting from such transaction in
substantially the same proportions as their ownership of securities immediately before such transaction.



For purposes of this definition of Change
in Control, references to the Company shall be deemed to refer to First Bancorp only and not to its subsidiaries, including First
Bank.


5.4     Required Release.
The Company's obligation to provide any payment or reimbursement under Sections 5.2(ii) or 5.3(ii), is conditioned upon Employee's
execution of an enforceable release of all claims and his compliance with Section 6 of this Agreement. If Employee chooses not
to execute such a release or fails to comply with that Section, then the Company's obligation to compensate him ceases on the effective
termination date except as to amounts due at that time. The release of claims shall be provided to Employee within seven (7) days
of his separation from service and Employee must execute it within the time period specified in the release (which shall not be
longer than forty-five (45) days from the date of receipt). Such release shall not be effective until any applicable revocation
period has expired. Any payments subject to the release, shall be made or commence, as applicable, within sixty (60) days of Employee's
separation from service with the Company and, if the sixty (60) day period begins in one taxable year and ends in another taxable
year, no payment shall be made until the beginning of the second taxable year.


5.5     Benefits in lieu of Other
Severance. Employee is not entitled to receive any compensation or benefits upon his termination except as: (i) set forth
in this Agreement; (ii) otherwise required by law; or (iii) otherwise required by any employee benefit plan in which he participates
with the following exception. The benefits afforded Employee under this Agreement are in lieu of any severance benefits to which
he otherwise might be entitled pursuant to a severance plan, policy and practice. Nothing in this Agreement, however, is intended
to waive or supplant any death, disability, retirement, 401(k) pension benefits, or group health continuation rights, if any, to
which he may be entitled under employee benefit plans in which he participates.


6.      TRADE SECRETS. CONFIDENTIAL
INFORMATION. COMPANY PROPERTY AND COMPETITIVE BUSINESS ACTIVITIES. Employee acknowledges that: (i) by virtue of his senior
management and key leadership position with the Company, Employee has had and will continue to have access to Trade Secrets and
Confidential Information, as defined below; (ii) the Company has business operations in multiple states and is engaged in the business
of providing financial services and products in retail, commercial, and corporate banking (the "Business"); and (iii)
the provisions set forth in this Confidential Information, Company Property and Competitive Business Activities Section are reasonably
necessary to protect the Company's legitimate business interests, are reasonable as to time, territory and scope of activities
which are restricted, do not interfere with public policy or public interest and are described with sufficient accuracy and definiteness
to enable him to understand the scope of the restrictions imposed upon him.


6.1     Trade Secrets and Confidential
Information . Employee acknowledges that: (i) the Company will disclose to him certain Trade Secrets and Confidential
Information; (ii) Trade Secrets and Confidential Information are the sole and exclusive property of the Company (or a third party
providing such information to the Company) and the Company or such third party owns all worldwide rights therein under patent,
copyright, trade secret, confidential information, or other property right; and (iii) the disclosure of Trade Secrets and Confidential
Information to Employee does not confer upon him any license, interest or rights of any kind in or to the Trade Secrets or Confidential
Information.


6.1.1 Employee may use the
Trade Secrets and Confidential Information only in accordance with applicable Company policies and procedures and solely for the
Company's benefit while he is employed or otherwise retained by the Company. Except as authorized in the performance of services
for the Company, Employee will hold in confidence and not directly or indirectly, in any form, by any means, or for any purpose,
disclose, reproduce, distribute, transmit, or transfer Trade Secrets or Confidential Information or any portion thereof. Upon the
Company's request, Employee shall return Trade Secrets and Confidential Information and all related materials.



    	 



    	 



    




6.1.2 If Employee is required
to disclose Trade Secrets or Confidential Information pursuant to a court order or other government process or such disclosure
is necessary to comply with applicable law or defend against claims, he shall: (i) notify the Company promptly before any such
disclosure is made; (ii) at the Company's request and expense take all reasonably necessary steps to defend against such disclosure,
including defending against the enforcement of the court order, other government process or claims; and (iii) permit the Company
to participate with counsel of its choice in any proceeding relating to any such court order, other government process or claims.


6.1.3 Employee's obligations
with regard to Trade Secrets shall remain in effect for as long as such information shall remain a trade secret under applicable
law.


6.1.4 Employee's obligations
with regard to Confidential Information shall remain in effect while he is employed or otherwise retained by the Company and for
five (5) years thereafter.


6.1.5 As used in this Agreement, "Trade
Secrets" means information of the Company, suppliers, customers, or prospective customers, including, but not limited to,
data, formulas, patterns, compilations, programs, devices, methods, techniques, processes, financial data, financial plans, product
plans, or lists of actual or potential customers or suppliers, which: (i) derives independent actual or potential commercial value,
from not being generally known to or readily ascertainable through independent development by persons or entities who can obtain
economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain
its secrecy.


6.1.6 As used in this Agreement,
"Confidential Information" means information other than Trade Secrets, that is of value to its owner and is treated as
confidential, including, but not limited to, future business plans, marketing campaigns, and information regarding employees, provided,
however, Confidential Information shall not include information which is in the public domain or becomes public knowledge through
no fault of Employee.


6.2     Company Property. Upon
the termination of his employment or upon Company's earlier request, Employee shall: (i) deliver to the Company all records, memoranda,
data, documents and other property of any description which refer or relate in any way to Trade Secrets or Confidential Information,
including all copies thereof, which are in his possession, custody or control; (ii) deliver to the Company all Company property
(including, but not limited to, keys, credit cards, customer files, contracts, proposals, work in process, manuals, forms, computer-stored
work in process and other computer data, research materials, other items of business information concerning any Company customer,
or Company business or business methods, including all copies thereof) which is in his possession, custody or control; (iii) bring
all such records, files and other materials up to date before returning them; and (iv) fully cooperate with the Company in winding
up his work and transferring that work to other individuals designated by the Company.


6.3     Competitive Business Activities.
Employee agrees that during the Term of this Agreement and for a period of time ending on the date occurring six months (6) months
after the later of the date his employment terminates and/or this Agreement terminates (irrespective of the circumstances of such
termination) (the "Non-Competition Period"), Employee will not engage in the following activities:


(a)     on Employee's own or another's
behalf, whether as an officer, director, stockholder, partner, associate, owner, employee, consultant or otherwise:


(i)     compete
with the Company in the Company' s Business;


(ii)     solicit
or do business which is the same, similar to or otherwise in competition with the Company' s Business, from or with persons or
entities : (a) who are customers of the Company; (b) who Employee or someone for whom he was responsible solicited, negotiated,
contracted, serviced or had contact with on the Company's behalf; or (c) who were customers of the Company at any time during the
last year of Employee's employment with the Company; or


 


(iii)      offer employment to or otherwise solicit
for employment any employee or other person who had been employed by the Company during the last year of Employee's employment
with the Company;


(b)     be
employed (or otherwise engaged) in (i) a management capacity, (ii) other capacity providing the same or similar services which
Employee provided to the Company, or (iii) any capacity connected with competitive business activities, by any person or entity
that engages in the same, similar or otherwise competitive business as the Company's Business; or



    	 



    	 



    




(c)     directly
or indirectly take any action, which is materially detrimental, or

otherwise intended to be adverse to the Company's goodwill, name, business relations, prospects and operations.


6.3.1 The restrictions set forth in Section
6.3(a)(i) apply to the following geographical areas: (i) within a 60-mile radius of the location of Company's headquarters during
Employee's employment with the Company; (ii) and within a 25-mile radius of the location of any bank branch.


6.3.2 Notwithstanding the foregoing,
Employee's ownership, directly or indirectly, of not more than one percent of the issued and outstanding stock of a corporation
the shares of which are regularly traded on a national securities exchange or in the over-the-counter market shall not violate
Section 6.3.


6.4     Remedies. Employee
acknowledges that his failure to abide by the Confidential Information, Company Property or Competitive Business Activities provisions
of this Agreement would cause irreparable harm to the Company for which legal remedies would be inadequate. Therefore, in addition
to any legal or other relief to which the Company may be entitled by virtue of Employee's failure to abide by these provisions;
the Company may seek legal and equitable relief, including, but not limited to, preliminary and permanent injunctive relief, for
Employee's actual or threatened failure to abide by these provisions without the necessity of posting any bond, and Employee will
indemnify the Company for all expenses including attorneys' fees in seeking to enforce these provisions.


6.5     Tolling. The period
during which Employee must refrain from the activities set forth in Sections 6.1 and 6.3 shall be tolled during any period in which
he fails to abide by these provisions.


6.6     Other Agreements. Nothing
in this Agreement shall terminate, revoke or diminish Employee's obligations or the Company's rights and remedies under law or
any agreements relating to trade secrets, confidential information, non-competition and intellectual property which Employee has
executed in the past, or may execute in the future or contemporaneously with this Agreement.


 


7.     EXECUTIVE
REPRESENTATION. Employee represents and warrants that his employment and obligations under this Agreement will not (i)
breach any duty or obligation he owes to another or (ii) violate any law, recognized ethics standard or recognized business custom.


 


8.     RESIGNATION
OF ALL OTHER POSITIONS. Upon termination of Employee's employment hereunder, for any reason, Employee shall be deemed to
have resigned from all positions that Employee holds as an officer or member of the Board of Directors of the Company or any of
its subsidiaries or affiliates.


9.     WAIVER
OF BREACH. The Company's or Employee's waiver of any breach of a provision of this Agreement shall not waive any subsequent
breach by the other party.


10.     ENTIRE
AGREEMENT. Except as expressly provided in this Agreement, this Agreement: (i) supersedes and cancels all other understandings
and agreements, oral or written, with respect to Employee's employment with the Company including any prior employment agreement;
(ii) supersedes all other understandings and agreements, oral or written, between the parties with respect to the subject matter
of this Agreement; and (iii) constitutes the sole agreement between the parties with respect to this subject matter. Each party
acknowledges that: (i) no representations, inducements, promises or agreements, oral or written, have been made by any party or
by anyone acting on behalf of any party, which are not embodied in this Agreement; and (ii) no agreement, statement or promise
not contained in this Agreement shall be valid. No change or modification of this Agreement shall be valid or binding upon the
parties unless such change or modification is in writing and is signed by the parties.


11.     SEVERABILITY.
If a court of competent jurisdiction holds that any provision or sub-part thereof contained in this Agreement is invalid, illegal
or unenforceable, that invalidity, illegality or unenforceability shall not affect any other provision in this Agreement. Additionally,
if any of the provisions, clauses or phrases in Section 6, Trade Secrets, Confidential Information, Company Property and Competitive
Business Activities, are held unenforceable by a court of competent jurisdiction, then the parties desire that such provision,
clause, or phrase be "blue-penciled" or rewritten by the court to the extent necessary to render it enforceable.


12.     PARTIES
BOUND. The terms, provisions, covenants and agreements contained in this Agreement shall apply to, be binding upon and
inure to the benefit of the Company's successors and assigns. Employee may not assign this Agreement.



    	 



    	 



    




13.     REMEDIES.
Employee acknowledges that his breach of this Agreement would cause the Company irreparable harm for which damages would be difficult,
if not impossible, to ascertain and legal remedies would be inadequate. Therefore, in addition to any legal or other relief to
which the Company may be entitled by virtue of the Employee's breach or threatened breach of this Agreement, the Company may seek
equitable relief, including but not limited to preliminary and injunctive relief, and such other available remedies.


14.     GOVERNING
LAW. This Agreement and the employment relationship created by it shall be governed by North Carolina law.


 


15.      SECTION 409A OF THE INTERNAL REVENUE
CODE.


15.1      Parties' Intent.
The parties intend that the provisions of this Agreement comply with Section 409A of the Internal Revenue Code of 1986, as amended
(the "Code"), and the regulations thereunder (collectively, "Section 409A") and all provisions of this Agreement
shall be construed in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A. If any provision
of this Agreement (or of any award of compensation, including equity compensation or benefits) would cause Employee to incur any
additional tax or interest under Section 409A, the Company shall, upon the specific request of Employee, use its reasonable business
efforts to in good faith reform such provision to comply with Code Section 409A; provided, that to the maximum extent practicable,
the original intent and economic benefit to Employee and the Company of the applicable provision shall be maintained, and the Company
shall have no obligation to make any changes that could create any additional economic cost or loss of benefit to the Company.
The Company shall timely use its reasonable business efforts to amend any plan or program in which Employee participates to bring
it in compliance with Section 409A. Notwithstanding the foregoing, the Company shall have no liability with regard to any failure
to comply with Section 409A so long as it has acted in good faith with regard to compliance therewith.


15.2      Separation from Service.
A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for
the payment of any amounts or benefits upon or following a termination of employment unless such termination also constitutes a
"Separation from Service" within the meaning of Section 409A and, for purposes of any such provision of this Agreement,
references to a "termination," "termination of employment," "separation from service" or like terms
shall mean "Separation from Service."


15.3      Separate Payments.
Each installment payment required under this Agreement shall be considered a separate payment for purposes of Section 409A.


15.4      Delayed Distribution to Key
Employees. If the Company determines in accordance with Sections 409A and 416(i) of the Code and the regulations promulgated
thereunder, in the Company's sole discretion, that the Employee is a Key Employee of the Company on the date his employment with
the Company terminates and that a delay in benefits provided under this Agreement is necessary to comply with Code Section 409A(A)(2)(B)(i),
then any severance payments and any continuation of benefits or reimbursement of benefit costs provided by this Agreement, and
not otherwise exempt from Section 409A, shall be delayed for a period of six (6) months following the date of termination of the
Employee's employment (the "409A Delay Period"). In such event, any severance payments and the cost of any continuation
of benefits provided under this Agreement that would otherwise be due and payable to the Employee during the 409A Delay Period
shall be paid to the Employee in a lump sum cash amount in the month following the end of the 409A Delay Period. For purposes of
this Agreement, "Key Employee" shall mean an employee who, on an Identification Date ("Identification Date"
shall mean each December 31) is a key employee as defined in Section 416(i) of the Code without regard to paragraph (5) thereof.
If the Employee is identified as a Key Employee on an Identification Date, then Employee shall be considered a Key Employee for
purposes of this Agreement during the period beginning on the first April 1 following the Identification Date and ending on the
following March 31.


16.     Counterparts. This
Agreement may be executed in counterparts, each of which shall be an original, with the same effect as if the signatures affixed
thereto were upon the same instrument.




    	 



    	 



    


 


IN WITNESS WHEREOF, the parties have entered
into this Agreement on the day and year first written above.


 


 


 


	EMPLOYEE
	 
	 
	/s/ Edward F. Soccorso
	Edward F. Soccorso
	 
	 
	 
	 
	FIRST BANCORP
	 
	By:   /s/ Richard H. Moore
	Title:  Chief Executive Officer/President