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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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
First Banking Company of Southeast Georgia
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(Exact name of issuer as specified in charter)
40 North Main Street, Statesboro, Georgia 30458
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(Address of principal executive offices)
Issuer's telephone number, including area code: (912)764-6611
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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, $1 Par Value
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2. Number of shares outstanding before the change 3,002,020
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3. Number of shares outstanding after the change 3,752,525 maximum (will
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repurchase & retire fractional shares)
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4. Effective date of change Record date June 15, 1997 for
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distribution June 30, 1997
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5. Method of change: Issue stock certificates for additional shares from 25%
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stock dividend
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Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)
25% stock dividend
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Give brief description of transaction 25% stock dividend
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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
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date May 27, 1997 /s/ Dwayne E. Rocker
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Dwayne E. Rocker, Secretary/Treasurer
