1
                                                                  EXHIBIT 5


                                 [LETTERHEAD]



December 13, 1995


FP Bancorp, Inc.
613 West Valley Parkway
Escondido, CA 92025

Re:     Post-Effective Amendment No. 3 to Registration Statement on Form S-8
        File No. 33-32788
        Filed December 13, 1995 (the "Amendment")

Gentlemen:

We have acted as special counsel for FP Bancorp, Inc., a Delaware corporation
(the "Company"), in connection with the Registration Statement relating to the
registration under the Securities Act of 1933 of the Company's proposed
granting of incentive and non-incentive options to its employees and employees
of its subsidiary (the "Options") for up to 250,000 shares of Common Stock,
$.001 par value (the "Shares") pursuant to the Amended and Restated 1988 Stock
Option Plan of ENB Holding Company (the "Plan").

In so acting, we have examined a copy of the Certificate of Incorporation of
the Company, as amended, a copy of the Bylaws of the Company, as amended, a
copy of the Plan, as amended, resolutions adopted by the Board of Directors of
the Company and such other records and documents as we have deemed relevant and
necessary for the opinions hereinafter expressed.  In such examination, we 
have assumed the genuineness of all signatures and of all documents submitted to
us as certified or photostatic copies.

Based upon the foregoing, we are of the opinion that the Shares, and the
Options, have been duly and validly authorized and, upon issuance of the Shares,
and assuming exercise of the Options and in exchange for payment therefor,
both as described in the Amendment, the Shares will be legally issued and
outstanding, fully paid and non-assessable.

We consent to being named in the Amendment and in the related Prospectus under
the heading "Legal Matters," and further consent to your filing this legal
opinion as an exhibit to the Amendment.


Very truly yours,



HIGGS, FLETCHER & MACK