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FIRST BANCORP DECLARES DIVIDEND

 FIRST BANCORP DECLARES DIVIDEND
 TROY, N.C., Sept. 17 /PRNewswire/ -- The board of directors of First


Bancorp (NASDAQ-NMS: FBNC) declares a dividend rate of 12 cents per share, which represents an increase of 26 percent, payable Oct. 23, 1992 to shareholders of record Sept. 30, 1992. This is the third consecutive quarter that dividends have been increased.
 First Bancorp is a bank holding company based in Troy, N.C. Its principal activity is the ownership and operation of First Bank, a state chartered bank that operates twenty-six branch offices in a eight-county market area centered in Troy.
 -0- 9/17/92
 /CONTACT: Anna G. Hollers, First Bancorp, 919-576-6171/
 (FBNC) CO: First Bancorp ST: North Carolina IN: FIN SU: DIV


SB -- CH005 -- 0507 09/17/92 09:54 EDT
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Publication:PR Newswire
Date:Sep 17, 1992
Words:128
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