FRANKLIN BANCORPORATION INC
8-K, 1997-07-09
NATIONAL COMMERCIAL BANKS
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<PAGE>   1


                       SECURITIES AND EXCHANGE COMMISSION

                           Washington, D. C. 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):   July 1, 1997

                         FRANKLIN BANCORPORATION, INC.
             (exact name of registrant as specified in its charter)



<TABLE>
<S>                                        <C>                                <C>
            DELAWARE                        0-20880                           52-1632361                           
- ----------------------------               -----------------------            ----------------------------
(State or other jurisdiction               (Commission File                   (IRS Employer Identification
  of incorporation)                         Number)                            Number)
</TABLE>




<TABLE>
<S>                                                                 <C>
1722 Eye Street, N. W.
Washington, D.C.                                                    20006       
- ----------------------------------------                            ---------------------
(Address of principal executive offices)                            (Zip Code)
</TABLE>


                                 (202) 429-9888
                                 --------------
              (Registrant's telephone number, including area code)





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<PAGE>   2

ITEM 5.    OTHER EVENTS

See News Release, dated July 1, 1997, attached as Exhibit 99.1, which is
incorporated by reference.




                                   SIGNATURES



         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                  Date:  July 1, 1997
                                  
                                  FRANKLIN BANCORPORATION, INC.
                                  
                                  
                                  By: /s/ Diane M. Begg
                                      -------------------------------------
                                      Diane M. Begg
                                      Executive Vice President and Chief 
                                      Financial Officer





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<PAGE>   3





                                 EXHIBIT INDEX





<TABLE>
<CAPTION>
EXHIBIT                           DESCRIPTION                                SEQUENTIALLY NUMBERED PAGE
- -------                           -----------                                --------------------------
 <S>                              <C>
 99.1                             News Release, dated
                                   July 1, 1997
</TABLE>





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<PAGE>   1
                                  EXHIBIT 99.1





For Immediate Release, July 1, 1997           FRANKLIN BANCORPORATION, INC.
- -----------------------------------           FRANKLIN NATIONAL BANK
                                              1722 Eye Street, NW
                                              Washington, D.C. 20006
                                              CONTACT:    ALBERT A. D'ALESSANDRO
                                                          JOSEPH B. HEAD        
                                                          (202) 331-2778
                                             

                     NEWS RELEASE - FRANKLIN NATIONAL BANK



WASHINGTON, D.C., JULY 1, 1997... Franklin National Bank reports today that its
President and Chief Executive Officer, Robert Pincus, was injured in an
accident which occurred in Las Vegas, Nevada.  The accident, in which Mr.
Pincus suffered several broken bones, was caused by a fall through a sidewalk
grating.  He is being treated in a Las Vegas hospital.

Bank officials have been in communication with doctors and family members, and
it  is expected that Mr. Pincus will be able to return to Washington soon.
During his recuperation, Mr. Pincus will work with the Bank's management team
to assure continued effective operations and to guarantee all Franklin
customers their expected and well-established high standards of service.

Franklin National Bank is a $475 million bank headquartered in Washington, D.C.



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