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FIRST BANCORP DECLARES DIVIDEND

 TROY, N.C., Feb. 17 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ-NMS: FBNC) declares a dividend rate of 14 cents per share, which represents an increase of 17 percent, payable April 25, 1993 to shareholders of record March 31, 1993.
 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 an eight- county market area centered in Troy.
 -0- 2/17/93
 /CONTACT: Anna G. Hollers, First Bancorp, 919-576-6171/
 (FBNC)


CO: First Bancorp ST: North Carolina IN: FIN SU: DIV

SB -- CH003 -- 7389 02/17/93 13:43 EST
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Publication:PR Newswire
Date:Feb 17, 1993
Words:114
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