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):
December 31, 1994
Premier Bankshares Corporation
(Exact name of registrant as specified in its charter)
Virginia 000-15729 54-13377250
State or other (commission (IRS Employer)
jurisdiction of File Number) Identification No.)
incorporation)
29 College Drive, P O Box 1199
Bluefield, Virginia 24605-1199
(Address of principal executive offices)
Registrant's telephone number, including area code:
(703) 322-2242
201 West Main Street, P O Box 928
Tazewell, Virginia 24651
(Former name or former address, if changed since last report)
CURRENT REPORT ON FORM 8-K
Item 2. Acquisition of Assets.
Pursuant to share exchange under Virginia law, Premier Bankshares Corporation
("Premier") acquired Dickenson-Buchanan Bank, Haysi, Virginia (now Premier Bank-
North), in exchange for approximately 582,700 shares (depending on fractional
shares) of Premier common stock. The amount of consideration was negotiated
between the parties based upon asset value, earnings, growth potential and
similar factors.
Item 7. Financial Statements and Exhibits.
(a) The financial statements of the acquired entity, and related auditor's
report, have been previously filed as part of Premier's Registration Statement
on Form S-4 (Registration No. 33-84354), and accordingly are not inclueded
herewith.
(b) Pro Forma Information.
It is not practicable to furnish pro-forma information herewith.
Any required information will be filed no later than March 10, 1995.
(c) Exhibits. *
2(a) Agreement and Plan of Reorganization
2(b) Plan of Merger and Share Exchange
*Exhibits 2(a) and 2(b) have been previously filed as part of Premier's
Registration Statement of Form S-4 (Registration No. 33-84354), and accordingly
are not included herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its vehalf by the
undersigned hereunto duly authorized.
PREMIER BANKSHARES CORPORATION
Date: January 11, 1995 By:/s/ James R. Wheeling
James R. Wheeling, President and CEO
