UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report: March 13, 1998
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(Date of earliest event reported)
NationsBank Corporation
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(Exact name of registrant as specified in its charter)
North Carolina
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(State or other jurisdiction of incorporation)
1-6523 56-0906609
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(Commission File Number) (IRS Employer Identification Number)
NationsBank Corporate Center
Charlotte, North Carolina
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(Address of principal executive offices)
28255
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(Zip Code)
Registrant's telephone number, including area code: (704) 386-5000
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Item 5. OTHER EVENTS
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Effective January 9, 1997, Barnett Banks, Inc. ("Barnett") merged with and
into a wholly-owned subsidiary of NationsBank Corporation ("Registrant")
pursuant to an Agreement and Plan of Merger dated as of August 29, 1997, as
amended ("Merger Agreement"). Upon consummation of the merger, each outstanding
share of Barnett common stock was exchanged for 1.1875 shares of common stock of
the Registrant. The merger was treated as a tax-free exchange and was accounted
for as a pooling of interests.
Accounting Series Release 135, issued by the Securities and Exchange
Commission, requires that no affiliate of either combining company may reduce
its risk relating to its common shareholder position during a period ending when
financial results including at least 30 days of post-merger combined operations
have been published. This Current Report on Form 8-K discloses 30 days of
combined operating results to satisfy this requirement, as well as certain
provisions of the Merger Agreement.
In the opinion of the Registrant's management, the unaudited results of
operations for the period February 1, 1998 to March 2, 1998 include all ordinary
and recurring adjustments necessary to fairly present such results.
NationsBank Corporation
For the Period
February 1, 1998 to March 2, 1998
(Dollars in millions)
(Unaudited)
Total Revenues * $ 1,424
Net Income $ 406
* Net interest income after provision for credit losses plus noninterest income.
Net income for the period February 1, 1998 to March 2, 1998 does not
include any merger-related charges recorded as a result of the merger.
The operating results have been prepared and published only for purposes
of complying with pooling of interests accounting and contractual requirements,
and are not necessarily indicative of the results that may be expected for any
interim period or for the year ended December 31, 1998.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NationsBank Corporation
Registrant
Date: March 13, 1998 /s/ Marc D. Oken
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Marc D. Oken
Executive Vice President
and Chief Accounting Officer
(Duly Authorized Officer and
Principal Accounting Officer)
