FIRST GEORGIA HOLDING INC
10-C, 1997-02-14
STATE COMMERCIAL BANKS
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              SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C.
                               
                          FORM 10-C
                               
       REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                 INTERDEALER QUOTATION SYSTEM
                               
         Filed pursuant to Section 13 or 15(d) of the
       Securities Exchange Act ofn 1934 and Rule 13a-17
                     or 15d-17 thereunder
                               
                               
                 First Georgia Holding, Inc.
        ----------------------------------------------
        (Exact name of issuer as specified in charter)
                               
                    1703 Gloucester Street
                        P.O. Box 2257
                   Brunswick, GA 31521-2257
           ---------------------------------------
           (Address of principal executive officer)
                               
    Issuer's telephone number, including area code   (912)267-7283
                                                     -------------
  
  I. CHANGE IN NUMBER OF SHARES OUTSTANDING
  
     Indicate any change (increase or decrease) of 5% or more in the number of 
      shares outstanding:
     
     1.  Title of security                   Common
                          -----------------------------            
     2.   Number of shares outstanding before the change    2,034,925
                                                        -----------------
     3.   Number of shares outstanding after the change     3,052,387
                                                        -----------------
     4.   Effective date of change                      February 28, 1997
                                                        -----------------
     5.   Method of change:
            Specify method (such as merger, acquisition, exchange, distribution,
            stock split, reverse split, acquisition of stock for treasury, etc.)
  
                                        Stock Split
                 --------------------------------------------               
  Give brief description of transaction:  a  50% stock dividend in the form of 
                                          a 3-for-2 stock split.
                                         --------------------------------------
  
  
  
  DATE    FEBRUARY 14, 1997             G. FRED COOLIDGE          
                                        _____________________
                                        G. Fred Coolidge
                                        Secretary and Treasurer,
                                        First Georgia Holding, Inc.
                                


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