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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Dmvc99Z7AikUFxb769huGsye2ka3/HgeU4Q8tovrPRzxgdIQJ/WiSc/Gn1o81PDH
 sTew57r/SYr1NUPXjOwXTA==

<SEC-DOCUMENT>0001179110-03-004661.txt : 20030801
<SEC-HEADER>0001179110-03-004661.hdr.sgml : 20030801
<ACCEPTANCE-DATETIME>20030801115015
ACCESSION NUMBER:		0001179110-03-004661
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030801
FILED AS OF DATE:		20030801

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SUN BANCORP INC
		CENTRAL INDEX KEY:			0000713975
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				232233584
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 57
		STREET 2:		2-16 SOUTH MARKET ST
		CITY:			SELINSGROVE
		STATE:			PA
		ZIP:			17870
		BUSINESS PHONE:		5703741131

	MAIL ADDRESS:	
		STREET 1:		P O BOX 57
		STREET 2:		2-16 SOUTH MARKET ST
		CITY:			SELINSGROVE
		STATE:			PA
		ZIP:			17870

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KNEPP BRIAN L
		CENTRAL INDEX KEY:			0001225807

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14745
		FILM NUMBER:		03816920

	MAIL ADDRESS:	
		STREET 1:		ONE STRAWBERRY LANE
		CITY:			MIDDLEBURG
		STATE:			PA
		ZIP:			17842
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-08-01</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000713975</issuerCik>
        <issuerName>SUN BANCORP INC</issuerName>
        <issuerTradingSymbol>SUBI</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001225807</rptOwnerCik>
            <rptOwnerName>KNEPP BRIAN L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE STRAWBERRY LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MIDDLEBURG</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>17842</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>Vice President/Comptroller</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<derivativeTable><derivativeTransaction><securityTitle><value>Common</value>
</securityTitle>
<conversionOrExercisePrice><value>23.35</value>
</conversionOrExercisePrice>
<transactionDate><value>2003-08-01</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>500.00</value>
</transactionShares>
<transactionPricePerShare><value>23.35</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>2004-02-01</value>
</exerciseDate>
<expirationDate><value>2013-08-01</value>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>common</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>500.00</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>5500.00</value>
<footnoteId id="F1"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes><footnote id="F1">1) 2,000 unexercised shares at $16.00 per share expiring 08/01/10  2) 1,500 unexercised shares at $16.83 per share expiring 08/01/11  3) 1,500 unexercised shares at $26.38 per share expiring 08/01/12</footnote>
</footnotes>
<ownerSignature><signatureName>Brian L. Knepp</signatureName>
<signatureDate>2003-08-01</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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