NATIONAL CITY BANCSHARES INC
8-K, 1999-10-28
STATE COMMERCIAL BANKS
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                UNITED STATES 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



                       October 27, 1999 (October 22, 1999)
                ------------------------------------------------
                Date of Report (Date of earliest event reported)


                         NATIONAL CITY BANCSHARES, INC.
                         ------------------------------
             (Exact name of registrant as specified in its charter)


          INDIANA                    0-13585                    35-1632155
          -------                    -------                    ----------
          (State of               (Commission                  (IRS Employer
       incorporation)             File Number)              Identification No.)


                                   PO BOX 868
                         EVANSVILLE, INDIANA 47705-0868
                         ------------------------------
                    (Address of principal executive offices)


Registrant's telephone number, including area code:  (812) 464-9677
                                                     --------------


                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)



<PAGE>   2


Pursuant to Section 13 or Section 15(d) of the Securities and Exchange Act of
1934, the Registrant hereby make current report regarding the following event:

         Item 5.  Other Events

                  On October 22, 1999, the Registrant issued a news release
         announcing the declaration of a 5% stock dividend and an increased
         quarterly cash dividend. A copy of the news release is filed as an
         exhibit to this report and is hereby incorporated by reference herein.


         Item 7.  Financial Statements and Exhibits

                  Financial Statements

                           None

                  Exhibits

                          Exhibit No.        Description
                          ----------         -----------
                          99.1               News Release dated October 22, 1999



                                    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.

                                                 NATIONAL CITY BANCSHARES, INC.


         Date:  October 27, 1999                 /s/  STEPHEN C. BYELICK, JR.
                                                 ------------------------------
                                                 Stephen C. Byelick, Jr.
                                                 Secretary/Treasurer



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<PAGE>   1


                                  EXHIBIT 99.1

[NCBE logo]  [NATIONAL CITY BANCSHARES, INC. letterhead]

FOR IMMEDIATE RELEASE

Contact:  Robert A. Keil, President (812) 464-9673


NATIONAL CITY BANCSHARES, INC. DECLARES FIVE PERCENT STOCK DIVIDEND AND
INCREASED QUARTERLY CASH DIVIDEND

EVANSVILLE, INDIANA -- October 22, 1999 -- National City Bancshares, Inc.
(Nasdaq: NCBE) (http://www.ncbe.com) announced today that on October 20, 1999,
its Board of Directors declared a five percent (5.0%) stock dividend payable on
December 7, 1999, to all shareholders of record November 21, 1999, consistent
with the Company's policies and past practices.

Consistent with the Company's practice of reviewing the dividend payout in the
fourth quarter of the year, the Board of Directors announced a one cent ($0.01)
per share (5.0%) increase in its regular quarterly cash dividend. The payment of
dividends is based on the Company's current and expected earnings performance.
The cash dividend of twenty-one cents ($.21) per share is payable January 7,
2000, to shareholders of record at the close of business on December 21, 1999.


"Forward-looking statements" as defined in the Private Securities Litigation
Reform Act of 1995 may be included in this release. A variety of factors could
cause NCBE's actual results to differ from those expected at the time of this
release. Investors are urged to carefully review and consider the various
disclosures made by NCBE in its periodic reports filed with the Securities and
Exchange Commission.



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