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FIRST BANK EARNS FIVE-STAR RATING

 TROY, N.C., May 28 /PRNewswire/ -- First Bank, Troy, N.C., has earned a five-star rating from Bauer Financial Reports, Incorporated based on an evaluation of their financial data submitted to federal regulators for the quarter ended Dec. 31, 1992. Out of 11,468 banks reporting, 4,178 or 36.43 percent qualified for this honor. This prestigious award identifies this institution as one of the safest, most credit-worthy commercial banks in the United States. This makes the 9th consecutive quarter that First Bank has been awarded the five-star rating.
 First Bancorp (NASDAQ-NMS: FBNC) is a bank holding company based in Troy, N.C. Its principal activity is the ownership of First Bank, a state chartered bank that operates twenty-six branch offices in an eight-county market area centered in Troy.
 -0- 4/28/93
 /CONTACT: Anna G. Hollers, First Bancorp, 919-576-6171/
 (FBNC)


CO: First Bancorp; First Bank ST: North Carolina IN: FIN SU:

MM -- CH003 -- 3324 05/28/93 10:18 EDT
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Publication:PR Newswire
Date:May 28, 1993
Words:162
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