FIRST COMMERCIAL CORP, 10-C, 1996-01-09

FIRST COMMERCIAL CORP
10-C, 1996-01-09
STATE COMMERCIAL BANKS
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                                   UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
                             --------------------------
                                      FORM 10-C


Report by issuer of securities quoted on The Nasdaq Stock Market, filed pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934 and Rule 13a-17 or
15d-17 thereunder.

                          FIRST COMMERCIAL CORPORATION
         --------------------------------------------------------------
                 (Exact name of issuer as specified in charter)

         400 West Capitol Avenue, P.O. Box 1471, Little Rock, AR 72201
         --------------------------------------------------------------
                    (Address of principal executive offices)

         Issuer's telephone number, including area code:  (501)371-7000
                                                          -------------


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, $3 Par Value
                         -----------------------------------------------------

  2.  Number of shares outstanding before the change      25,555,862
                                                      ------------------------

  3.  Number of shares outstanding after the change      27,343,279
                                                     -------------------------

  4.  Effective date of change    January 2, 1996
                                ----------------------------------------------

  5.  Method of change:   Stock Dividend
                         -----------------------------------------------------
     Give brief description of transaction   Declared 7% stock dividend on
                                            ----------------------------------
     November 21, 1995, payable January 2, 1996, to shareholders of record
     -------------------------------------------------------------------------
     as of December 15, 1995.
     -------------------------------------------------------------------------













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II. CHANGE IN NAME OF ISSUER

  1.  Name prior to change    Not applicable.
                            --------------------------------------------------

  2.  Name after change    Not applicable.
                         -----------------------------------------------------

  3.  Effective date of charter amendment changing name    Not applicable.
                                                         ---------------------

  4.  Date of shareholder approval of change, if required    Not applicable.
                                                           -------------------



                                        /s/ J. Lynn Wright
Date:  January 9, 1996             By: -------------------------------
                                        J. Lynn Wright
                                        Chief Financial Officer