Exhibit 21
Subsidiaries of the Registrant
| State or Other | ||||||
| Jurisdiction of | Percentage | |||||
| Incorporation | Ownership | |||||
| Registrant | ||||||
| First South Bancorp, Inc. | Virginia | |||||
| Subsidiaries | ||||||
| First South Bank | North Carolina | 100 | % | |||
| First South Preferred Trust I * | Delaware | 100 | % | |||
| Subsidiaries of First South Bank | ||||||
| DTFS, Inc. | North Carolina | 100 | % | |||
| First South Insurance | North Carolina | 100 | % | |||
| First South Investments, Inc. | North Carolina | 100 | % | |||
| First South Leasing, LLC | North Carolina | 100 | % | |||
* First South Bancorp, Inc., owns 100% of the outstanding common stock of First South Preferred Trust I. The trust preferred securities are owned by various investors in the pooled trust preferred securities offering of First South Preferred Trust I.