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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
EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER: First United Bancshares, Inc.
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ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: Main and Washington Streets - El Dorado,
Arkansas 71730
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ISSUER'S TELEPHONE NUMBER, (INCLUDEING AREA CODE): (501)863-3181
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any changes (increase or decrese) of five percent or more in the
number of shares outstanding:
1. Title of security Common Stock $1.00 Par Value Per Share
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2. Number of shares outstanding before the change 7,738,109
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3. Number of shares outstanding after the change 8,246,209
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4. Effective date of change August 30, 1996
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5. Method of change Merger
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Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)
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Give brief description of transaction
On August 30, 1996 First United Bancshares, Inc. acquired, by merger, Carlisle
Bancshares, Inc., an Arkansas corporation, issuing 508,100 shares of common
stock, $1.00 par value to the shareholders of Carlisle Bancshares, Inc. in
exchange for all of the issued and outstanding shares of Carlisle Bancshares,
Inc.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change N/A
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2. Name after change N/A
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3. Effective date of charter amendment changing name N/A
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4. Date of shareholder approval of change, if required N/A
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Date September 6, 1996 /s/ John E. Burns
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John E. Burns
Vice President & Chief Financial
Officer
