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FIRST BANCORP DECLARES INCREASED DIVIDEND

 TROY, N.C., Aug. 18 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ-NMS: FBNC) declared a dividend of 15 cents per share, an increase of 7 percent from the second quarter. The dividend is payable Oct. 25, 1993, to shareholders of record Sept. 30, 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 (26) branch offices in an eight- county market area centered in Troy.
 -0- 8/18/93
 /CONTACT: Anna G. Hollars of First Bancorp, 919-576-6171/
 (FBNC)


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

CM -- CH006 -- 3969 08/18/93 14:20 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
Words:120
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