EXHIBIT 22

     Security Capital Bancorp has five wholly-owned subsidiaries: Security  
Capital Bank, a North Carolina commercial bank; OMNIBANK, Inc., A State Savings
Bank, a North Carolina savings bank; Citizens Savings, Inc., SSB, a
North  Carolina  savings  bank; Home Savings Bank, Inc., SSB, a North Carolina 
savings bank; and, Estates Development Corporation, a North Carolina 
corporation. Security Capital Bank has six wholly-owned subsidiaries: First 
Security Credit Corporation, a North Carolina corporation operating as a 
consumer finance company; Northbound, Ltd.; North Carolina Financial Services 
Corporation; University Financial Services Corporation, Inc.; NC Financial 
Services Corporation; and First Residential Mortgage Group, Inc. Other than 
First Security Credit Corporation, all other subsidiaries of Security Capital 
Bank were inactive at December 31, 1994.