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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 11, 2000
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GrandBanc, Inc.
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(Exact name of registrant as specified in its charter)
Maryland 0-16187 52-1332050
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(State or other jurisdiction (Commission file (IRS Employer
of incorporation) number) Identification Number)
1800 Rockville Pike, Rockville, Maryland 20852
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (301) 770-1300
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Item 5. Other Events.
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On October 11, 2000, GrandBanc, Inc. and Century Bancshares, Inc. entered
into an Agreement and Plan of Merger. The Agreement sets forth the terms of a
strategic business combination in which each outstanding share of GrandBanc,
Inc. common stock, par value $0.10 per share, would be exchanged for 0.3318
shares of Century Bancshares common stock, par value $1.00 per share. For
additional information, see the Press Release included as Exhibit 99.
Item 7. Financial Statements and Exhibits.
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(a) Exhibit 99 - Press Release dated October 11, 2000.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GRANDBANC, INC.
By: /s/ Steven K. Colliatie
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Steven K. Colliatie,
President and Chief Executive
Officer
Dated : October 11, 2000
