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SECURITY CAPITAL BANCORP ANNOUNCES CASH DIVIDEND

 SALISBURY, N.C., April 23 /PRNewswire/ -- Security Capital Bancorp (NASDAQ-NMS: SCBC) today announced a cash dividend.
 David B. Jordan, vice-chairman and chief executive officer, announced that on April 22, 1993, the board of directors of Security Capital declared a quarterly cash dividend of $.095 per share payable on May 19, 1993, to shareholders of record at the close of business on May 5, 1993.
 Security Capital, which is headquartered in Salisbury, N.C., operates 45 offices in 28 communities located in 11 counties in the south central and western Piedmont regions of North Carolina.
 As of March 31, 1993, Security Capital had total assets of approximately $911 million and total shareholders' equity of approximately $120 million. Its financial institution subsidiaries are Security Bank and Trust Company and OMNIBANK, SSB of Salisbury, N.C.; Citizens Savings, SSB, Concord, N.C., and Home Savings Bank, SSB, Kings Mountain, N.C. Security Capital's principal executive offices are located at 507 West Innes Street, Salisbury, N.C. 28144; telephone 704-636-3775.
 Market prices for Security Capital's outstanding shares are quoted on the NASDAQ National Market System under the symbol "SCBC."
 -0- 4/23/93
 /CONTACT: David B. Jordan, Vice-Chairman, CEO, Security Capital Bancorp, 704-637-6180/
 (SCBC)


CO: Security Capital Bancorp ST: North Carolina IN: FIN SU: DIV

MM -- CH003 -- 9924 04/23/93 09:43 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:220
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