U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB/A
(Mark One)
X Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of
1934 For the quarterly period ended June 30, 2000
__ Transition report under Section 13 or 15(d) of the Exchange Act For the
transition period from _______________ to ________________
Commission File No. 333-1546
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FNB Bancshares, Inc.
(Exact Name of Small Business Issuer as Specified in its Charter)
South Carolina 57-1033165
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(State of Incorporation) (I.R.S. Employer Identification No.)
P.O.Box 1539, Gaffney, South Carolina 29342
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(Address of Principal Executive Offices)
(864) 488 - 2265
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(Issuer's Telephone Number, Including Area Code)
Not Applicable
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(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
There were 616,338 shares of common stock, par value $.01 per share
issued and outstanding as of July 31, 2000.
Transitional Small Business Disclosure Format (check one): Yes No X
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This filing is being made to include the Review by Certified Independent Public
Accountants which was inadvetantly omitted in the original filing.
<PAGE>
Review by Independent Certified Public Accountants
Tourville, Simpson and Caskey, L.L.P., the Company's independent certified
public accountants, have made a limited review of the financial data as of June
30, 2000, and for the three and six month periods ended June 30, 2000 and 1999
presented in this document, in accordance with standards established by the
American Institute of Certified Public Accountants.
Their report furnished pursuant to Article 10 of Regulation S-X is included
herein.
<PAGE>
Report on Review by Independent Certified Public Accountants
The Board of Directors
FNB Bancshares, Inc.
Gaffney, South Carolina
We have reviewed the accompanying condensed consolidated balance sheet of FNB
Bancshares, Inc. and subsidiary (the Company) as of June 30, 2000, the related
condensed consolidated statements of income for the three and six month periods
ended June 30, 2000 and 1999, the related condensed consolidated statement of
changes in shareholders' equity and comprehensive income for the six month
period ended June 30, 2000, and the related condensed consolidated statements of
cash flows for the six month periods ended June 30, 2000 and 1999. These
financial statements are the responsibility of the Company's management.
We conducted our review in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with generally accepted auditing standards, the objective of which is the
expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that should
be made to the condensed consolidated financial statements referred to above for
them to be in conformity with generally accepted accounting principles.
We have previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet as of December 31, 1999, and the
related consolidated statements of income, changes in shareholders' equity and
comprehensive income, and cash flows for the year then ended (not presented
herein); and, in our report dated February 25, 2000, we expressed an unqualified
opinion on those consolidated financial statements. In our opinion, the
information set forth in the accompanying condensed consolidated balance sheet
as of December 31, 1999, is fairly stated, in all material respects, in relation
to the consolidated balance sheet from which it has been derived.
TOURVILLE, SIMPSON AND CASKEY, L.L.P.
Columbia, South Carolina
August 2, 2000
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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: August 3, 2000 By: /s/ V. Stephen Moss
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V. Stephen Moss
President and Chief Executive Officer
By: /s/ John W. Hobbs
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John W. Hobbs
Principal Accounting and Chief
Financial Officer
