<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION JANUARY 2, 1998
REGISTRATION NO.: 33-42941
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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PRE-EFFECTIVE AMENDMENT NO. 2 TO
FORM S-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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COMMUNITY BANKS, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
PENNSYLVANIA
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(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)
6022
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(PRIMARY STANDARD INDUSTRIAL CLASSIFICATION NO.)
23-2251762
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(I.R.S. EMPLOYER IDENTIFICATION NO.)
150 MARKET SQUARE, MILLERSBURG, PENNSYLVANIA 17061 (717) 692-4781
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(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
ERNEST L. LOWE
C.O.O. AND PRESIDENT
COMMUNITY BANKS, INC.
150 MARKET SQUARE
MILLERSBURG, PENNSYLVANIA 17061 (717) 692-4781
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(NAME, ADDRESS AND TELEPHONE NUMBER OF AGENT FOR SERVICE)
COPIES TO:
JAMES A. ULSH, ESQUIRE PAUL G. MATTAINI, ESQUIRE
METTE, EVANS & WOODSIDE BARLEY, SNYDER, SENFT & COHEN, LLP
3401 NORTH FRONT STREET 126 EAST KING STREET
P.O. BOX 5950 LANCASTER, PENNSYLVANIA 17602-2893
HARRISBURG, PENNSYLVANIA 17110-0950
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE OF THE SECURITIES TO
PUBLIC: As soon as practicable after the effective date of this Registration
Statement, and upon consummation of the merger of Peoples State Bank with and
into PSB Interim Bank, a subsidiary of the Registrant, as described in the
enclosed Joint Proxy Statement/Prospectus.
If the securities being registered on this form are being offered in
connection with the formation of a holding company and there is compliance
with General Instruction G, check the following box. [_]
CALCULATION OF REGISTRATION FEE
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<TABLE>
<CAPTION>
PROPOSED PROPOSED
AMOUNT MAXIMUM MAXIMUM
TITLE OF EACH CLASS OF TO BE OFFERING PRICE AGGREGATE AMOUNT OF
SECURITIES TO BE REGISTERED REGISTERED PER UNIT(1) OFFERING PRICE(1) REGISTRATION FEE
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Common Stock Par value
$5.00 per share....... 1,410,500 $35.56 $55,786,563.56 $16,905.02
</TABLE>
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
(1) Estimated solely for the purpose of calculating the registration fee and
calculated in accordance with Rule 457(f)(1) on the basis of the average
of the bid and ask prices for common stock of The Peoples State Bank on
the NASD Bulletin Board December 12, 1997 of $35.56 and the estimated
maximum of 1,568,801 shares of such stock to be converted in the merger
described herein into Common Stock of the Registrant.
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT
SHALL FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS
REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH
SECTION 8(a) OF THE SECURITIES ACT OF 1933, AS AMENDED, OR UNTIL THE
REGISTRATION STATEMENT SHALL BECOME EFFECTIVE ON SUCH DATES AS THE COMMISSION
ACTING PURSUANT TO SUCH SECTION 8(a) MAY DETERMINE.
EXPLANATORY NOTE
The purpose of this pre-effective amendment filing is solely to bring the
EDGAR database current by adding the dates to the signature page of the S-4/A,
Pre-effective Amendment #1 submitted December 30, 1997.
<PAGE>
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED, THE
REGISTRANT HAS DULY CAUSED THIS REGISTRATION STATEMENT TO BE SIGNED ON ITS
BEHALF BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED, IN MILLERSBURG,
PENNSYLVANIA, ON DECEMBER 30, 1997.
Community Banks, Inc.
By: /s/ Thomas L. Miller
----------------------------------
THOMAS L. MILLER CHAIRMAN AND
CHIEF EXECUTIVE OFFICER
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED, THIS
REGISTRATION STATEMENT HAS BEEN SIGNED BELOW BY THE FOLLOWING PERSONS IN THE
CAPACITIES AND ON THE DATES INDICATED. EACH PERSON WHOSE SIGNATURE APPEARS
BELOW IN SO SIGNING ALSO MAKES, CONSTITUTES AND APPOINTS THOMAS L. MILLER AND
ERNEST L. LOWE, AND EACH OF THEM ACTING ALONE, HIS TRUE AND LAWFUL ATTORNEY-
IN-FACT, WITH FULL POWER OF SUBSTITUTION, FOR HIM IN ANY AND ALL CAPACITIES,
TO EXECUTE AND CAUSE TO BE FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
ANY OR ALL AMENDMENTS AND POST-EFFECTIVE AMENDMENTS TO THIS REGISTRATION
STATEMENT, WITH EXHIBITS THERETO AND OTHER DOCUMENTS IN CONNECTION THEREWITH,
AND HEREBY RATIFIES AND CONFIRMS ALL THAT SAID ATTORNEY-IN-FACT OR HIS
SUBSTITUTE OR SUBSTITUTES MAY DO OR CAUSE TO BE DONE BY VIRTUE HEREOF.
SIGNATURE TITLE DATE
--------- ----- ----
/s/ THOMAS L. MILLER Chairman and Chief December 30, 1997
- ------------------------------------- Executive Officer
THOMAS L. MILLER and a Director
/s/ ERNEST L. LOWE President and Chief December 30, 1997
- ------------------------------------- Operations Officer
ERNEST L. LOWE and a Director
/s/ TERRY L. BURROWS Executive Vice- December 30, 1997
- ------------------------------------- President and Chief
TERRY L. BURROWS Financial Officer
/s/ RONALD E. BOYER Director December 30, 1997
- -------------------------------------
RONALD E. BOYER
/s/ SAMUEL E. COOPER Director December 30, 1997
- -------------------------------------
SAMUEL E. COOPER
/s/ KENNETH L. DEIBLER Director December 30, 1997
- -------------------------------------
KENNETH L. DEIBLER
/s/ PETER DESOTO Director December 30, 1997
- -------------------------------------
PETER DESOTO
II-4
<PAGE>
SIGNATURE TITLE DATE
--------- ----- ----
/s/ LEON E. KOCHER Director December 30, 1997
- -------------------------------------
LEON E. KOCHER
/s/ RAY N. LEIDICH Director December 30, 1997
- -------------------------------------
RAY N. LEIDICH
/s/ THOMAS W. LONG Director December 30, 1997
- -------------------------------------
THOMAS W. LONG
/s/ DONALD L. MILLER Director December 30, 1997
- -------------------------------------
DONALD L. MILLER
/s/ SUSAN K. NENSTIEL Director December 30, 1997
- -------------------------------------
SUSAN K. NENSTIEL
/s/ ROBERT W. RISSINGER Director December 30, 1997
- -------------------------------------
ROBERT W. RISSINGER
/s/ ALLEN SHAFFER Director December 30, 1997
- -------------------------------------
ALLEN SHAFFER
/s/ WILLIAM C. TROUTMAN Director December 30, 1997
- -------------------------------------
WILLIAM C. TROUTMAN
/s/ JAMES A. ULSH Director December 30, 1997
- -------------------------------------
JAMES A. ULSH
II-5
