SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* Champi Gerard A (Last) (First) (Middle) 102 E. DRINKER STREET (Street) DUNMORE PA 18512 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 02/26/2010	3. Issuer Name and Ticker or Trading Symbol FIRST NATIONAL COMMUNITY BANCORP INC [ FNCB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Interim President and CEO	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,695	D
Common Stock	2,857(1)	D
Common Stock	1,735	I	custodial for children

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	03/01/2003	08/28/2012	Common Stock	11,000	$5.81	D
Options	05/27/2004	11/26/2013	Common Stock	5,500	$10.01	D
Options	05/24/2005	11/24/2014	Common Stock	1,925	$16.71	D
Options	05/23/2006	11/23/2015	Common Stock	2,337	$19.31	D
Options	05/29/2007	11/29/2016	Common Stock	2,337	$23.13	D
Options	05/13/2008	11/13/2017	Common Stock	3,500	$16.9	D
Options	07/05/2009	01/05/2019	Common Stock	5,600	$10.81	D

Explanation of Responses:

1. Co-owner with wife

Remarks:

	Gerard A. Champi	03/08/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.