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) January 24, 1997
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Beverly National Corporation
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(Exact name of registrant as specified in its charter)
A Massachusetts Corporation 33-22224-B 04-2832201
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
240 Cabot Street Beverly, Massachusetts 01915
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (508) 922-2100
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BEVERLY NATIONAL CORPORATION
Item 1. Changes in control of Registrant
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None
Item 2. Acquisition and Disposition of Assets
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None
Item 3. Bankruptcy and Receivership
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None
Item 4. Changes in Registrant's Certified Accountant
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None
Item 5. Other Events
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On January 24, 1997, Beverly National Corporation issued the
following press release relating to earnings and dividend payment.
Item 6. Resignation of Registrant's Directors
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None
Item 7. Financial Statements and Exhibits
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None
Item 8. Changes in Fiscal Year
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None
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Beverly, Massachusetts January 24, 1997
PRESS RELEASE
Lawrence M. Smith, President and Chief Executive Officer of Beverly
National Corporation and its subsidiary, Beverly National Bank, announced
today that Beverly National Corporation recorded profits of $2,019,611
for the twelve month period which ended December 31, 1996, an increase of 41%
over the 12 month period which ended December 31, 1995. Mr. Smith also
reported that the Board of Directors approved a special dividend of $.06 per
share, in addition to the regular quarterly dividend of $.16 cents per share,
payable January 28, 1997 to shareholders of record on January 21, 1997.
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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.
Beverly National Corporation
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Registrant
Date: January 24, 1997
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Peter E. Simonsen
Treasurer
