EXHIBIT 25.1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

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FORM T-1

STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939
OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE
PURSUANT TO SECTION 305(b)(2) ___________

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BANKERS TRUST COMPANY
(Exact name of trustee as specified in its charter)

NEW YORK 13-4941247
(Jurisdiction of Incorporation or (I.R.S. Employer
organization if not a U.S. national bank) Identification no.)

FOUR ALBANY STREET
NEW YORK, NEW YORK 10006
(Address of principal (Zip Code)
executive offices)

BANKERS TRUST COMPANY
LEGAL DEPARTMENT
130 LIBERTY STREET, 31ST FLOOR
NEW YORK, NEW YORK 10006
(212) 250-2201

(Name, address and telephone number of agent for service)

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TRIANGLE BANCORP, INC.
(Exact name of obligor as specified in its charter)

NORTH CAROLINA 56-1764546
(State or other jurisdiction of (I.R.S. employer
Incorporation or organization) Identification no.)

4300 GLENWOOD AVENUE
RALEIGH, NORTH CAROLINA 27612
(Address of principal executive offices) (Zip Code)

TRIANGLE CAPITAL TRUST
9.375% CAPITAL SECURITIES
(Title of the indenture securities)

ITEM 1. GENERAL INFORMATION.

Furnish the following information as to the trustee.

(a) Name and address of each examining or supervising authority
to which it is subject.

NAME ADDRESS

Federal Reserve Bank (2nd District) New York, NY
Federal Deposit Insurance Corporation Washington, D.C.
New York State Banking Department Albany, NY

(b) Whether it is authorized to exercise corporate trust powers.
Yes.

ITEM 2. AFFILIATIONS WITH OBLIGOR.

If the obligor is an affiliate of the Trustee, describe each
such affiliation.

None.

ITEM 3. - 15. NOT APPLICABLE

ITEM 16. LIST OF EXHIBITS.

EXHIBIT 1 - Restated Organization Certificate of
Bankers Trust Company dated August 7, 1990,
Certificate of Amendment of the Organization
Certificate of Bankers Trust Company dated
June 21, 1995 - Incorporated herein by
reference to Exhibit 1 filed with Form T-1
Statement, Registration No. 33-65171,
Certificate of Amendment of the Organization
Certificate of Bankers Trust Company dated
March 20, 1996, incorporate by referenced to
Exhibit 1 filed with Form T-1 Statement,
Registration No. 333-25843 and Certificate
of Amendment of the Organization Certificate
of Bankers Trust Company dated June 19,
1997, copy attached.

EXHIBIT 2 - Certificate of Authority to commence business -
Incorporated herein by reference to Exhibit 2 filed
with Form T-1 Statement, Registration No. 33-21047.

EXHIBIT 3 - Authorization of the Trustee to exercise corporate
trust powers Incorporated herein by reference to
Exhibit 2 filed with Form T-1 Statement,
Registration No. 33-21047.

EXHIBIT 4 - Existing By-Laws of Bankers Trust Company, as
amended on February 18, 1997, Incorporated herein
by reference to Exhibit 4 filed with Form T-1
Statement, Registration No. 333-24509-01.

EXHIBIT 5 - Not applicable.

EXHIBIT 6 - Consent of Bankers Trust Company
required by Section 321(b) of the Act.
Incorporated herein by reference to Exhibit
4 filed with Form T-1 Statement,
Registration No. 22-18864.

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3

EXHIBIT 7 - The latest report of condition of Bankers Trust
Company dated as of June 30, 1997. Copy attached.

EXHIBIT 8 - Not Applicable.

EXHIBIT 9 - Not Applicable.

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SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, Bankers Trust Company, a corporation organized and
existing under the laws of the State of New York, has duly caused this statement
of eligibility to be signed on its behalf by the undersigned, thereunto duly
authorized, all in The City of New York, and State of New York, on the 20th day
of October, 1997.

BANKERS TRUST COMPANY

By:
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Sandra J. Shaffer
Assistant Vice President

SIGNATURE

BANKERS TRUST COMPANY

By: Sandra J. Shaffer
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Sandra J. Shaffer

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Legal Title of Bank: Bankers Trust Company Call Date: 6/30/97 ST-BK: 36-4840 FFIEC 031
Address: 130 Liberty Street Vendor ID: D CERT: 00623 Page RC-1
City, State ZIP: New York, NY 10006 11
FDIC Certificate No.: | 0 | 0 | 6 | 2 | 3

CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS JUNE 30, 1997

All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, reported the amount outstanding as of the last business day of the
quarter.

SCHEDULE RC--BALANCE SHEET

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C400
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Dollar Amounts in Thousands RCFD Bil Mil Thou
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ASSETS
1. Cash and balances due from depository institutions (from Schedule RC-A):
a. Noninterest-bearing balances and currency and coin(1) ............................... 0081 1,724,000 1.a.
b. Interest-bearing balances(2) ........................................................ 0071 2,648,000 1.b.
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A) .......................... 1754 0 2.a.
b. Available-for-sale securities (from Schedule RC-B, column D)......................... 1773 3,990,000 2.b.
3 Federal funds sold and securities purchased under agreements to resell in domestic offices 1350 26,430,000 3.
of the bank and of its Edge and Agreement subsidiaries, and in IBFs:
a. Federal funds sold ..................................................................
b. Securities purchased under agreements to resell .....................................
4. Loans and lease financing receivables:
a. Loans and leases, net of unearned income (from Schedule RC-C) RCFD 2122 17,815,000 4.a.
b. LESS: Allowance for loan and lease losses.................. ..RCFD 3123 23,000 4.b.
c. LESS: Allocated transfer risk reserve ........................RCFD 3128 0 4.c.
d. Loans and leases, net of unearned income, 4.c.
allowance, and reserve (item 4.a minus 4.b and 4.c) ...................... 2125 17,092,000 4.d.
5. Assets held in trading accounts ............................................... 3545 40,350,000 5.
6. Premises and fixed assets (including capitalized leases) ...................... 2145 937,000 6.
7. Other real estate owned (from Schedule RC-M) .................................. 2150 195,000 7.
8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M) 2130 96,000 8.
9. Customers' liability to this bank on acceptances outstanding .................. 2155 691,000 9
10 Intangible assets (from Schedule RC-M) ........................................ 2143 85,000 10.
11. Other assets (from Schedule RC-F) ............................................. 2160 4,633,000 11.
12. Total assets (sum of items 1 through 11) ...................................... 2170 98,871,000 12.

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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time rcertificaes of deposit not held in tradining accounts.

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Legal Title of Bank: Bankers Trust Company Call Date: 6/30/97 ST-BK: 36-4840 FFIEC 031
Address: 130 Liberty Street Vendor ID: D CERT: 00623 Page RC-2
City, State Zip: New York, NY 10006 12
FDIC Certificate No.: | 0 | 0 | 6 | 2 | 3

SCHEDULE RC--CONTINUED ------------------------------------
Dollar Amounts in Thousands Bil Mil Thou
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LIABILITIES

13. Deposits:
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I) RCON 2200 18,026,000 13.a.
(1) Noninterest-bearing(1) ........................RCON 6631 3,184,000.... 13.a.(1)
(2) Interest-bearing .............................. RCON 6636 14,842,000.... 13.a.(2)
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E
part II) RCFN 2200 22,173,000 13.b.
(1) Noninterest-bearing ...............................RCFN 6631 1,454,000
(2) Interest-bearing ..................................RCFN 6636 20,719,000 13.b(2)
14. Federal funds purchased and securities sold under agreements to repurchase in 2800 14,623,000 14.
domestic offices of the bank and of its Edge and Agreement subsidiaries, and in
IBFs:
a. Federal funds purchased ........................................................ RCFD 0278 14.
b. Securities sold under agreements to repurchase ................................. RCFD 0279 14.
15. a. Demand notes issued to the U.S. Treasury ....................................... RCON 2840 0 15.a.
b. Trading liabilities ............................................................ RCFD 3548 19,819,000 15.
16. Other borrowed money:
a. With original maturity of one year or less ..................................... RCFD 2332 6,877,000 16.
b. With original maturity of more than one year ................................... A547 217,000 16.
c. With a remaining maturity of more than three years ............................. A548 4,848,000 16.c.
17. Mortgage indebtedness and obligations under capitalized leases ......................
18. Bank's liability on acceptances executed and outstanding ............................ RCFD 2920 691,000 18.
19. Subordinated notes and debentures ................................................... RCFD 3200 1,251,000 19.
20. Other liabilities (from Schedule RC-G) .............................................. RCFD 2930 4,872,000 20.
21. Total liabilities (sum of items 13 through 20) ...................................... RCFD 2948 93,397,000 21.
22. Limited-life preferred stock and related surplus .................................... RCFD 3282 0 22.
EQUITY CAPITAL
23. Perpetual preferred stock and related surplus ....................................... RCFD 3838 1,000,000 23.
24. Common stock ........................................................................ RCFD 3230 1,001,000 24.
25. Surplus (exclude all surplus related to preferred stock) ............................ RCFD 3839 540,000 25.
26. a. Undivided profits and capital reserves ......................................... RCFD 3632 3,314,000 26.a.
b. Net unrealized holding gains (losses) on available-for-sale securities ......... RCFD 8434 (3,000) 26.b.
27. Cumulative foreign currency translation adjustments ................................. RCFD 3284 (378,000) 27.
28. Total equity capital (sum of items 23 through 27) ................................... RCFD 3210 5,474,000 28.
29. Total liabilities, limited-life preferred stock, and equity capital (sum of items 21,
22, and 28) ......................................................................... RCFD 3300 98,871,000 29.

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Memorandum
To be reported only with the March Report of Condition.

1. Indicate in the box at the right the number of the statement below that
best describes the most comprehensive level of auditing work performed for Number
the bank by independent external Number auditors as of any date during 1996................... RCFD 6724 N/A | M.1

1 = Independent audit of the bank conducted in accordance 4 = Directors' examination of the bank performed by other
with generally accepted auditing standards by a certified external auditors (may be required by state
public accounting firm which submits a report on the bank chartering authority)
2 = Independent audit of the bank's parent holding company 5 = Review of the bank's financial statements by external
conducted in accordance with generally accepted auditing auditors
standards by a certified public accounting firm which 6 = Compilation of the bank's financial statements by
submits a report on the consolidated holding company external auditors
(but not on the bank separately) 7 = Other audit procedures (excluding tax preparation work)
3 = Directors' examination of the bank conducted in 8 = No external audit
work accordance with generally accepted auditing standards
by a certified public accounting firm (may be required by
state chartering authority)

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(1) Including total demand deposits and noninterest-bearing time and savings
deposits.
(2) Includes limited-life preferred stock and related surplus.

State of New York,

BANKING DEPARTMENT

I, MANUEL KURSKY, Deputy Superintendent of Banks of the State of New
York, DO HEREBY APPROVE the annexed Certificate entitled "CERTIFICATE OF
AMENDMENT OF THE ORGANIZATION CERTIFICATE OF BANKERS TRUST COMPANY UNDER SECTION
8005 OF THE BANKING LAW," dated June 19, 1997, providing for an increase in
authorized capital stock from $1,601,666,670 consisting of 100,166,667 shares
with a par value of $10 each designated as Common Stock and 600 shares with a
par value of $1,000,000 each designated as Series Preferred Stock to
$2,001,666,670 consisting of 100,166,667 shares with a par value of $10 each
designated as Common Stock and 1,000 shares with a par value of $1,000,000 each
designated as Series Preferred Stock.

WITNESS, my hand and official seal of the Banking Department at the City of New
York,
this 27TH day of June in the Year of our Lord one thousand nine
hundred and NINETY-SEVEN.

Manuel Kursky
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Deputy Superintendent of Banks

CERTIFICATE OF AMENDMENT

OF THE

ORGANIZATION CERTIFICATE

OF BANKERS TRUST

Under Section 8005 of the Banking Law

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We, James T. Byrne, Jr. and Lea Lahtinen, being respectively a Managing
Director and an Assistant Secretary of Bankers Trust Company, do hereby certify:

1. The name of the corporation is Bankers Trust Company.

2. The organization certificate of said corporation was filed by the
Superintendent of Banks on the 5th of march, 1903.

3. The organization certificate as heretofore amended is hereby amended to
increase the aggregate number of shares which the corporation shall have
authority to issue and to increase the amount of its authorized capital stock in
conformity therewith.

4. Article III of the organization certificate with reference to the
authorized capital stock, the number of shares into which the capital stock
shall be divided, the par value of the shares and the capital stock outstanding,
which reads as follows:

III. The amount of capital stock which the corporation is hereafter to have
is One Billion, Six Hundred and One Million, Six Hundred Sixty-Six
Thousand, Six Hundred Seventy Dollars ($1,601,666,670), divided into One
Hundred Million, One Hundred Sixty-Six Thousand, Six Hundred Sixty-Seven
(100,166,667) shares with a par value of $10 each designated as Common
Stock and 600 shares with a par value of One Million Dollars ($1,000,000)
each designated as Series Preferred Stock."

is hereby amended to read as follows:

"III. The amount of capital stock which the corporation is hereafter to
have is Two Billion One Million, Six Hundred Sixty-Six Thousand, Six
Hundred Seventy Dollars ($2,001,666,670), divided into One Hundred Million,
One Hundred Sixty-Six Thousand, Six Hundred Sixty-Seven (100,166,667)
shares with a par value of $10 each designated as Common Stock and 1000
shares with a par value of One Million Dollars ($1,000,000) each designated
as Series Preferred Stock."

5. The foregoing amendment of the organization certificate was authorized
by unanimous written consent signed by the holder of all outstanding shares
entitled to vote thereon.

IN WITNESS WHEREOF, we have made and subscribed this certificate this
19th day of June, 1997.

James T. Byrne, Jr.
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James T. Byrne, Jr.
Managing Director

Lea Lahtinen
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Lea Lahtinen

State of New York )
) ss:
County of New York )

Lea Lahtinen, being fully sworn, deposes and says that she is an
Assistant Secretary of Bankers Trust Company, the corporation described in the
foregoing certificate; that she has read the foregoing certificate and knows the
contents thereof, and that the statements herein contained are true.

Lea Lahtinen
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Lea Lahtinen

Sworn to before me this 19th
day of June, 1997.

Sandra L. West
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Notary Public

SANDRA L. WEST
Notary Public State of New York
No. 31-4942101
Qualified in New York County
Commission Expires September 19, 1998