U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT TO FORM 10-KSB
Annual Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
For the fiscal year Commission file number
ended December 31, 1996 333-13583
FIRST GEORGIA COMMUNITY CORP.
(Name of small business issuer in its charter)
Georgia 58-2261088
(State of Incorporation) (I.R.S. Employer
Identification No.)
155-B Lyons Street
P. O. Box 1534
Jackson, Georgia 30233
(Address of principal executive offices) (Zip Code)
(770) 504-1090
(Issuer's telephone number)
Purpose of Amendment: The purpose of this amendment is to add a Financial
Data Schedule as Exhibit 27 to the Form 10-KSB Annual Report of First
Georgia Community Corp. for the fiscal year ended December 31, 1996. The
Financial Date Schedule provided herein also corrects the failure of the
Company to include a Financial Data Schedule as an exhibit to its Form SB-2
Registration Statement originally filed with the Commission on October 7,
1996.
Page 1 of 4
Amended Exhibit Index on Page 2
<PAGE>
3. Exhibits
(a) Exhibit Numbers
Sequential
Page Number
3.1* Articles of Incorporation --
3.2* Bylaws --
10.1*+ Employment Contract between John L.
Coleman and the Company --
21.1 Subsidiaries of the Company. The
sole subsidiary of the Company will
be First Georgia Community Bank,
Jackson, Georgia, which will be
wholly-owned by the Company. --
27 Financial Data Schedule (providing
information for the interim period ended
August 31, 1996 and for the fiscal year
ended December 31, 1996). As of
August 31, 1996 and as of December 31,
1996, neither the Company nor First
Georgia Community Bank had commenced
their respective operations as a bank
holding company or as a commercial bank,
and neither will do so unless regulatory
approvals are obtained and the required
capitalization of the Bank by the
Company is obtained from proceeds of
the sale of the Company's stock. 3
99.1** Consolidated Financial Statements
of the Company --
________________________
*Items 3.1 through 10.1, as listed above, were previously
filed by the Company as Exhibits (with the same
respective Exhibit Numbers as indicated herein) to the
Company's Registration Statement on Form SB-2 (SEC File
No. 333-13583) and such documents are incorporated herein
by reference.
+Item 10.1 is an employment-compensatory agreement.
**Item 99.1 listed above was previously filed by the
Company as Exhibit 99.1 of the Company's Form 10-KSB
Annual report amended hereby.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly caused
this Report to be signed on its behalf by the undersigned,
thereunto duly authorized on July 22, 1997.
FIRST GEORGIA COMMUNITY CORP.
By: s/John L. Coleman
John L. Coleman
President
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE COMPANY FOR THE PERIODS FROM 3/15/96 (INCEPTION)
TO 8/31/96 AND FROM 3/15/96 TO 12/31/96 FILED ON FORM SB-2 AND FORM 10-KSB,
RESPECTFULLY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> OTHER OTHER
<FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996
<PERIOD-END> AUG-31-1996 DEC-31-1996
<CASH> 8779<F1> 1497<F1>
<INT-BEARING-DEPOSITS> 0 464,600
<FED-FUNDS-SOLD> 0 0
<TRADING-ASSETS> 0 0
<INVESTMENTS-HELD-FOR-SALE> 0 0
<INVESTMENTS-CARRYING> 0 0
<INVESTMENTS-MARKET> 0 0
<LOANS> 0 0
<ALLOWANCE> 0 0
<TOTAL-ASSETS> 81,360 748,424
<DEPOSITS> 0 0
<SHORT-TERM> 0 0
<LIABILITIES-OTHER> 106,233 843,202
<LONG-TERM> 0 0
0 0
0 0
<COMMON> 5 5
<OTHER-SE> 5 5
<TOTAL-LIABILITIES-AND-EQUITY> 81,360 748,424
<INTEREST-LOAN> 0 0
<INTEREST-INVEST> 0 0
<INTEREST-OTHER> 0 461
<INTEREST-TOTAL> 0 461
<INTEREST-DEPOSIT> 0 0
<INTEREST-EXPENSE> 233 4522
<INTEREST-INCOME-NET> (233) (4061)
<LOAN-LOSSES> 0 0
<SECURITIES-GAINS> 0 0
<EXPENSE-OTHER> 24,650 90,727
<INCOME-PRETAX> (24,883) (94,788)
<INCOME-PRE-EXTRAORDINARY> (24,883) (94,788)
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (24,883) (94,788)
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
<YIELD-ACTUAL> 0 0
<LOANS-NON> 0 0
<LOANS-PAST> 0 0
<LOANS-TROUBLED> 0 0
<LOANS-PROBLEM> 0 0
<ALLOWANCE-OPEN> 0 0
<CHARGE-OFFS> 0 0
<RECOVERIES> 0 0
<ALLOWANCE-CLOSE> 0 0
<ALLOWANCE-DOMESTIC> 0 0
<ALLOWANCE-FOREIGN> 0 0
<ALLOWANCE-UNALLOCATED> 0 0
<FN>
<F1>As of August 31, 1996 and as of December 31, 1996, neither the Company nor
First Georgia Community Bank had commenced their respective operations as a
bank holding company or as a commercial bank, and neither will do so unless
final regulatory approvals are obtained and the Bank is capitalized by the
Company with the proceeds from the Company's stock offering.
</FN>
</TABLE>
