ITEM 2.01 Completion of Acquisition or Disposition of Assets

On September 21, Bank of North Carolina (BNC), the wholly owned subsidiary of BNC Bancorp (the "Company") completed the assumption of the deposits and the acquisition certain assets of The Bank of Hampton Road's (TBHR) banking operations located at Preston Corners in Cary, North Carolina and Meadowmont Village Circle in Chapel Hill, North Carolina pursuant to Purchase and Assumption Agreement dated April 27, 2012, by and between BNC and TBHR. The assets were purchased for $6,501,985. The branches will open as branches of Bank of North Carolina on Monday, September 24, 2012.

Attached hereto as Exhibit 99.1 is the press release dated September 21, 2012, completion of the transaction, which press release is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits

Ex 99.1 Press Release dated September 21, 2012

S I G N A T U R E

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BNC BANCORP (Registrant)

By: /S/ David B. Spencer
David B. Spencer
Executive Vice President and Chief Financial Officer

(Principal Accounting Officer)

Date: September 21, 2012