U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB
(Mark One)
X Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
of 1934
For the quarterly period ended September 30, 1996
___ Transition report under Section 13 or 15(d) of the Exchange Act
For the transition period from _______________ to ________________
Commission File No. 333-1546
FNB BANCSHARES, INC.
(Exact Name of Small Business Issuer as Specified in its Charter)
South Carolina 57-1033165
(State of Incorporation) (I.R.S. Employer Identification No.)
Post Office Box 1539, Gaffney, South Carolina 29342
(Address of Principal Executive Offices)
(864) 488-2265
(Issuer's Telephone Number, Including Area Code)
Not Applicable
(Former Name, Former Address and Former Fiscal Year, if Changed Since Last
Report)
Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
Yes X No
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:
610,338 shares of common stock, par value $.01 per share, were issued and
outstanding as of October 31, 1996.
Transitional Small Business Disclosure Format (check one): Yes
No X
<PAGE>
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
FNB BANCSHARES, INC.
(Registrant)
Date: November 11, 1996 By: /s/ V. Stephen Moss
V. Stephen Moss
President and Chief Executive Officer
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<ARTICLE> 9
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> SEP-30-1996
<EXCHANGE-RATE> 1
<CASH> 0
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 5,590,000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 0
<INVESTMENTS-CARRYING> 0
<INVESTMENTS-MARKET> 0
<LOANS> 0
<ALLOWANCE> 0
[DEPRECIATION] 0
<TOTAL-ASSETS> 5,979,895
<DEPOSITS> 0
[CURRENT-LIABILITIES] 0
[BONDS] 0
<COMMON> 6,103
0
0
<OTHER-SE> 0
[TOTAL-LIABILITY-AND-EQUITY] 5,979,895
[SALES] 0
[TOTAL-REVENUES] 88,240
[CGS] 0
[TOTAL-COSTS] 0
[OTHER-EXPENSES] 0
[LOSS-PROVISION] 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
[INCOME-TAX] 0
[INCOME-CONTINUING] 0
[DISCONTINUED] 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (134,537)
<EPS-PRIMARY> (.22)
<EPS-DILUTED> 0
</TABLE>
