================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 29549 ----------------- Form 8-K ----------------- PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 26, 2006 ----------------------------- ----------------- First Bancorp ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) North Carolina 0-15572 56-1421916 ----------------------------- ------------------ --------------------------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 341 North Main Street, Troy, North Carolina 27371 ---------------------------------------- --------------------------------- (Address of Principal Executive Offices) (Zip Code) (910) 576-6171 ---------------------------------------------------- (Registrant's telephone number, including area code) Not Applicable ------------------------------------------------------------- (Former Name or Former Address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ First Bancorp INDEX Page -------------- Item 8.01 - Other Events 3 Signatures 4 Exhibit 99.1 Press Release dated April 26, 2006 Exhibit 2 -------------------------------------------------------------------------------- Item 8.01 - Other Events On April 26, 2006, the Registrant announced that it had entered into an agreement with Bank of the Carolinas to purchase the Bank of the Carolinas branch located in Carthage, North Carolina. The branch has approximately $25 million in total deposits. The press release announcing the agreement is attached as Exhibit 99.1. Item 9.01 - Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Title 99.1 Press Release Dated April 26, 2006 3 -------------------------------------------------------------------------------- Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. First Bancorp April 26, 2006 By: /s/ James H. Garner ------------------------------------- James H. Garner President and Chief Executive Officer 4