THOMAS F. PHILLIPS - Corporate Board Profile

FIRST BANCORP /NC/

Filing Date	Source Excerpt
2011-04-06	Thomas F. Phillips, 65, automobile dealer and owner of Phillips Ford. Chairman of the Board. Board committees: Executive Committee (Chairman), Audit Committee, Compensation Committee (Chairman), Nominating and Corporate Governance Committee (Chairman). Director compensation: $47,465.
2012-04-04	Thomas F. Phillips, 66, is an automobile dealer and owner of Phillips Ford... Mr. Phillips currently serves as the Chair of the Board of Directors of the Company... The following table sets forth compensation we paid to our directors in 2011: Thomas F. Phillips Fees Earned or Paid in Cash ($) 28,400, Stock Awards ($) 16,105, Total ($) 44,505.
2013-04-02	Thomas F. Phillips, 67, is an automobile dealer... Mr. Phillips has served as a director of the Company and First Bank since 2000... Board committees: Executive and Loan Committee, Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee... Director compensation total $45,657.
2014-04-04	Thomas F. Phillips (68) is a director and nominee. He serves on the Executive and Loan Committee, Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. His total director compensation for 2013 was $38,104.
2015-04-01	Thomas F. Phillips (69) is an automobile dealer and owner of Phillips Ford... Mr. Phillips has served as a director of the Company and First Bank since 2000... The following table sets forth compensation we paid to our directors in 2014: Thomas F. Phillips Fees Earned or Paid in Cash ($) 22,000, Stock Awards ($) 16,104, Total ($) 38,104.
2016-04-04	The following table sets forth compensation we paid to our directors in 2015: Name: Thomas F. Phillips Fees Earned or Paid in Cash: 22,000 Stock Awards: 16,097 Total: 38,097 Board Committees: Executive and Loan Committee, Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee Age: 70 Role: Director, Nominee Gender: male
2017-03-27	Thomas F. Phillips, 71, is a retired automobile dealer. 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 and is a former chairman of both boards of directors.
2018-03-20	The following table sets forth compensation we paid to our directors in 2017: Thomas F. Phillips 32,000 32,000 — — — 64,000 The Board of Directors has established four standing committees: the Executive and Loan Committee, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee. The following table presents the 2017 membership of the Committees that are described below.
2019-03-21	The following table sets forth compensation we paid to our directors in 2018: Name Fees Earned or Paid in Cash ($) Stock Awards ($) Non-Equity Incentive Plan Compensation ($) Change in Pension Value and Nonqualified Deferred Compensation Earnings All Other Compensation ($) Total ($) Thomas F. Phillips 32000 32000 — — — 64000 The members of the Compensation Committee in 2018 were Mr. Allred, Mr. Blue, Ms. Capel, Mr. Crawford III (Chair), Ms. Donnelly, Mr. Gould, Mr. Phillips, Mr. Sloan, Mr. Taylor II, Ms. Thomasson, and Mr. Wicker.
2020-03-20	Thomas F. Phillips served on Executive and Loan, Audit, Compensation, and Nominating and Corporate Governance Committees. Director compensation table shows $32,000 fees and $32,000 stock awards totaling $64,000.
2021-03-23	Thomas F. Phillips, 75, ... Mr. Phillips is retiring from the Board at the Annual Meeting. ... The following table sets forth compensation we paid to our directors in 2020: Thomas F. Phillips 32,000 32,000 — — — 64,000