First Bancorp said it filed with theSecurities and Exchange Commission its public offering of
400,000  shares of common stock to be underwitten by Interstate
Securities Corp.
    First Bancorp said the registration statement also covers
60,000 additional shares that Interstate Securities has the
right to acquire in order to cover over allotments.
    First Bancorp, which is now private, said its stock will
not be traded until the filing becomes effective.
 Reuter
