UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
and Rule 13a-17 or 15d-17 thereunder
PIEDMONT BANKGROUP INCORPORATED
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(Exact name of issuer as specified in charter)
P.O. BOX 4751 MARTINSVILLE, VA 24115
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(Address of principal executive offices)
(540)632-2971
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(Issuer's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security: COMMON STOCK $5 Par Value
2. Number of shares outstanding before the change: 3,814,932
3. Number of shares outstanding after the change: 4,256,771
4. Effective date of change: October 13, 1995
5. Method of change:
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock
for treasury, etc.): Debenture Conversion
Give brief description of transaction: On September 12, 1995,
Piedmont BankGroup Incorporated called for redemption on October
13, 1995 all of its outstanding 7% Convertible Subordinated Debentures
Due 2011.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: Piedmont BankGroup Incorporated
2. Name after change: Mainstreet BankGroup Incorporated
3. Effective date of charter amendment changing name: December 31, 1995
4. Date if shareholder approval of change, if required: N/A
Date: January 2, 1996 JAMES E. ADAMS
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James E. Adams
Chief Financial Officer and Treasurer
