Exhibit 107
Calculation of Filing Fee Tables
S-3
(Form Type)
First Bancorp
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial effective date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||||||||||||||||||||
| Newly Registered Securities | ||||||||||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Debt | Debt Securities(4) | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Preferred Stock, no par value per share | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Depositary Shares(3) | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Common Stock, no par value per share | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Other | Purchase Contracts | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Other | Units | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Other | Warrants | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Other | Rights | 456(b) and 457(r)(1) | (2) | (2) | (2) | (1) | (1) | ||||||||||||||||||||||||||||||||||
| Fees Previously Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||
| Carry Forward Securities | ||||||||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||||||||||||||||||||
| Total Offering Amounts | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||
| Total Fees Previously Paid | N/A | |||||||||||||||||||||||||||||||||||||||||
| Total Fee Offsets | $12,980(5) | |||||||||||||||||||||||||||||||||||||||||
| Net Fee Due | N/A | |||||||||||||||||||||||||||||||||||||||||
Table 2: Fee Offset Claims and Sources
Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Security Type Associated with Fee Offset Claimed | Security Title Associated with Fee Offset Claimed | Unsold Securities Associated with Fee Offset Claimed | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed | Fee Paid with Fee Offset Source | ||||||||||||||||
| Rule 457(p) | ||||||||||||||||||||||||||
| Fee Offset Claims | First Bancorp | S-3 | 333-236756 | February 28, 2020 | $12,980(5) | Unallocated | (5) | (5) | $ | 100,000,000 | ||||||||||||||||
| Fee Offset Sources | First Bancorp | S-3 | 333-236756 | February 28, 2020 | (1) | |||||||||||||||||||||
| (1) | First Bancorp is relying on Rule 456(b) and Rule 457(r) under the Securities Act to defer payment of all of the registration fee. In connection with the securities offered hereby, First Bancorp will pay “pay-as-you-go registration fees” in accordance with Rule 456(b). First Bancorp will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. |
| (2) | An unspecified aggregate principal amount or number of securities of each identified class is being registered that may be offered or sold hereunder from time to time at indeterminate prices. The proposed maximum aggregate offering price per class of security will be determined from time to time by First Bancorp in connection with the issuance by First Bancorp of the securities registered hereunder. Includes an indeterminate number of shares of common stock, preferred stock, warrants, purchase contracts, depositary shares, rights and units, and such indeterminate principal amount of senior debt securities and subordinated debt securities as may be issued by the registrant upon exercise, conversion or exchange of any securities that provide for such issuance, or that may from time to time become issuable by reason of any stock split, stock dividend or similar transaction, for which no separate consideration will be received by registrant. |
| (3) | The depositary shares registered hereunder will be evidenced by depositary receipts as may be issued in the event that First Bancorp elects to offer fractional interests in its preferred stock registered hereby. |
| (4) | May consist of one or more series of senior or subordinated debt. |
| (5) | First Bancorp previously registered securities on Form S-3 (File No. 333-236756) filed on February 28, 2020 (the “Prior Registration Statement”). As of the date of this registration statement, First Bancorp has not sold any securities under the Prior Registration Statement, leaving a balance of $100,000,000 of unsold securities under the Prior Registration Statement. Pursuant to Rule 457(p) under the Securities Act, the registration fee of $12,980 that has already been paid and remains unused with respect to securities that were previously registered pursuant to the Prior Registration Statement and were not sold thereunder will continue to be applied to the securities included in this registration statement, and the offering of securities under the Prior Registration Statement will be deemed terminated as of the date of effectiveness of this registration statement. |
