SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Bolt James T Jr (Last) (First) (Middle) 1226 EASTCHESTER DRIVE (Street) HIGH POINT NC 27265 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol BNC BANCORP [ BNCN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Executive Vice President
	3. Date of Earliest Transaction (Month/Day/Year) 01/24/2013
	4. If Amendment, Date of Original Filed (Month/Day/Year) 12/04/2012	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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/24/2013		A		63,878(1)	A	(2)	63,878	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock of BNC Bancorp(the "Issuer") received in exchange for shares of common stock of First Trust Bank("First Trust") pursuant to the merger of First Trust with and into the Issuer(the"Merger"). The number of shares reported in the original report was based on the assumption that Mr. Bolt elected to receive issueer common stock with respect to all of his First Trust common stock owned immediately prior to the effective time of the Merger and that Mr. Bolt was issued Issuer common stock in accordance with his election. This amendment is being filed to reflect that Mr. Bolt elected to receive cash with respect to a portion of his shares of First Trust common stock, and to report the number of shares of Issuer common stock he received as merger considerations.

2. The exchange ratio in the Merger was 0.98 shares of Issuer common stock for each share of First Trust common stock, with fractional shares paid in cash, subject to proration and allocation limitations. The proration and allocation calculations provided for in the Agreement and Plan of Merger, dated as of June 4, 2012, between First Trust and the Issuer(the"Merger Agreement") had not been completed as of the date of the original report.

	Drema A. Michael,by Power of Attorney	01/29/2013
	** 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 4 (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).
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