FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * ROWND STEPHEN M   2. Issuer Name and Ticker or Trading Symbol FIRST CHARTER CORP /NC/ [FCTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President (Last) (First) (Middle) 10200 DAVID TAYLOR DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 01/21/2005 (Street) CHARLOTTE, NC 28262-2373 4. If Amendment, Date 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 (City) (State) (Zip) 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 01/21/2005   M   8,000 A $ 13.438 10,000 D   Common Stock 01/21/2005   S   5,105 D $ 23 4,895 D   Common Stock 01/21/2005   S   400 D $ 23.01 4,495 D   Common Stock 01/21/2005   S   700 D $ 23.03 3,795 D   Common Stock 01/21/2005   S   100 D $ 23.04 3,695 D   Common Stock 01/21/2005   S   300 D $ 23.05 3,395 D   Common Stock 01/21/2005   S   195 D $ 23.07 3,200 D   Common Stock 01/21/2005   S   1,000 D $ 23.1 2,200 D   Common Stock 01/21/2005   S   200 D $ 23.12 2,000 D   Common Stock 01/24/2005   M   21,822 A $ 15.75 23,822 D   Common Stock 01/24/2005   S   21,822 D $ 23.34 2,000 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities (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 of Derivative Security: 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

Stock Options (Right to buy)

$ 17.37

(1)

01/16/2012

Common Stock

20,584

20,584

D

Stock Options (Right to buy)

$ 18.39

(2)

01/15/2013

Common Stock

20,220

20,220

D

Stock Options (Right to buy)

$ 23.66

(3)

01/19/2015

Common Stock

13,097

13,097

D

Stock Options (Right to buy)

$ 13.438

01/21/2005

M

8,000

(4)

02/28/2010

Common Stock

8,000

$ 13.438

2,000

D

Stock Options (Right to buy)

$ 15.75

01/24/2005

M

21,822

(5)

01/17/2011

Common Stock

21,822

$ 15.75

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ROWND STEPHEN M 10200 DAVID TAYLOR DRIVE CHARLOTTE, NC 28262-2373			Executive Vice President

Signatures

Jan H Hollar		01/25/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(3)	Options are exercisable in 5 yearly installments beginning one year after grant date.
(2)	4,044 shares of 10,583 Non-Qualified shares are currently exercisable. The remaining shares become exercisable as follows, 4,044 shares become exercisable on 01/15/2005 and 2,495 shares become exercisable on 01/15/2006. 9,637 Incentive shares become exercisable as follows: 1,549 shares become exercisable on 01/15/2006, 4,044 shares become exercisable on 01/15/2007, and 4,044 shares become exercisable on 01/15/2008.
(4)	Shares are exercisable in 5 equal installments beginning one year after grant date of 02/28/2000. 8,000 shares are currently exercisable. 2,000 shares become exercisable on 02/28/2005.
(1)	11,595 of 15,461 Non-Qualified shares are currently exercisable. The remaining 3,866 become exercisable on 01/16/2005. 755 of 5,123 Incentive shares are currently exercisable. The remaining 4,368 shares become exercisable as follows, 251 become exercisable on 01/16/2005 and 4,117 become exercisable on 01/16/2006
(5)	Shares become exerisable in 5 equal installments beginning 6 months after grant date of 1/17/2001 for the first installment, and each year thereafter.

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