SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 10-K/A
X Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for (fee required) for the fiscal year ended
December 31, 1998.
OR
Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from ____________ to
____________.
Commission File Number 0-11526
FIRST COLONIAL GROUP, INC.
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(Name of Registrant as Specified in its charter)
Pennsylvania 23-2228154
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
76 South Main Street, Nazareth, Pennsylvania 18064
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 610-746-7300
Securities registered pursuant to Section 12
(b) of the Exchange Act:
None
Securities registered pursuant to Section 12
(g) of the Exchange Act:
Common Stock, $5.00 Par Value
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act
during the preceeding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.
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The purpose of this amendment is to include the Report of Independent
Certified Public Accountants which was inadvertently omitted from the issuer's
report on Form 10-K for December 31, 1998.
Item 7. Financial Statements
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
Board of Directors
First Colonial Group, Inc.
We have audited the accompanying consolidated balance sheets of First
Colonial Group, Inc. as of December 31, 1998 and 1997, and the related
consolidated statements of income and comprehensive income, changes in
shareholders' equity and cash flows for each of the three years in the period
ended December 31, 1998. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these
financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our auditors provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly,
in all material respects, the consolidated financial position of First Colonial
Group, Inc. as of December 31, 1998 and 1997, and the consolidated results of
their operations and their consolidated cash flows for each of the three years
in the period ended December 31, 1998 in conformity with generally accepted
accounting principles.
/S/ GRANT THORNTON LLP
Philadelphia, Pennsylvania
January 15, 1999
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SIGNATURES
In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this amendment on Form 10-K /A to be signed on its behalf by the
undersigned, thereunto duly authorized.
FIRST COLONIAL GROUP, INC.
Dated: April 14, 1999 By: /s/ S. Eric Beattie
S. ERIC BEATTIE, President
and Chief Executive Officer
