BANK OF GRANITE CORP
8-K, 2000-10-10
STATE COMMERCIAL BANKS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                               450 Fifth Street NW
                             Washington, D.C. 29549





                                    FORM 8-K




                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934



       Date of Report (Date of earliest event reported): OCTOBER 10, 2000




                           BANK OF GRANITE CORPORATION
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             (Exact Name of Registrant as Specified in its Charter)


         Delaware                       0-15956                 56-1550545
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(State or Other Jurisdiction          (Commission            (I.R.S. Employer
     of Incorporation)                File Number)        Identification Number)


P.O. Box 128, 23 North Main Street, Granite Falls, N.C.                28630
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  (Address of Principal Executive Offices) (Zip Code)                (Zip Code)


                                 (828) 496-2000
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              (Registrant's telephone number, including area code)


                                 Not Applicable
--------------------------------------------------------------------------------
          (Former Name or Former Address, if changed since last report)


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Bank of Granite Corporation, Form 8-K, October 10, 2000, page 1 of 7

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                           Bank of Granite Corporation
                                      INDEX


                                                               Page

Item 5 - Other Events                                             3

Item 7 - Exhibits                                                 3

Signatures                                                        4

Exhibit 99 (a) News Release dated October 10, 2000                5




Bank of Granite Corporation, Form 8-K, October 10, 2000, page 2 of 7


<PAGE>   3

Item 5 - Other Events

         (a) On October 10, 2000, the Registrant issued a news release to
announce its earnings for the quarter-to-date and year-to-date periods ended
September 30, 2000.

As of September 30, 2000, the Company had 11,254,025 shares outstanding.

DISCLOSURES ABOUT FORWARD LOOKING STATEMENTS

         The discussions included in this document and its exhibits may contain
forward looking statements within the meaning of the Private Securities
Litigation Act of 1995, including Section 21E of the Securities Exchange Act of
1934 and Section 27A of the Securities Act of 1933. Such statements involve
known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially. For the purposes of these discussions, any
statements that are not statements of historical fact may be deemed to be
forward looking statements. Such statements are often characterized by the use
of qualifying words such as "expect," "believe," "plan," "project," or other
statements concerning opinions or judgments of the Company and its management
about future events. The accuracy of such forward looking statements could be
affected by such factors as, including but not limited to, the financial success
or changing conditions or strategies of the Company's customers or vendors,
fluctuations in interest rates, actions of government regulators, the
availability of capital and personnel or general economic conditions.



The news of this event was released on October 10, 2000, as evidenced by Exhibit
99(a) to this Form 8-K.




Item 7 - Exhibits

         99   Additional Exhibits

         (a) News Release dated October 10, 2000



Bank of Granite Corporation, Form 8-K, October 10, 2000, page 3 of 7

<PAGE>   4

                                   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 thereunto duly authorized.



                                                    Bank of Granite Corporation

                October 10, 2000                By: /s/ Kirby A. Tyndall
                                                    ----------------------------
                                                    Kirby A. Tyndall
                                                    Senior Vice President
                                                    and Chief Financial Officer




Bank of Granite Corporation, Form 8-K, October 10, 2000, page 4 of 7




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