U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
This FORM 10-QSB/A is being filed solely for the purpose of adding
Exhibit 27-Financial Data Schedule.
(Mark One)
( X ) QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
( ) TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from ____________ to ____________
Commission file Number 0-22062
STANLY CAPITAL CORP
(Exact name of small business issuer as specified in its charter)
NORTH CAROLINA 56-1814206
(State of incorporation) (I.R.S Employer Identification No.)
167 North Second Street
Albemarle, North Carolina 28001
(Address of principal executive offices)
Issuer's telephone number, including area code: (704) 983-6181
Check whether the issuer (1) has filed all reports required to be filed by
Section 13 of 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes X No
State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:
Title of Each Class Outstanding at July 15, 1996
Common stock, par value $1.25 per share 2,119,483 shares
Transitional Small Business Disclosure Format (check one):
Yes No X
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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 who is thereunto duly authorized.
STANLY CAPITAL CORP
(Registrant)
Date September 17, 1996 By:
Roger L. Dick
President and Chief Executive Officer
Barbara S. Williams
Vice President-Finance
2
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STANLY CAPITAL CORP AND SUBSIDIARY
PART II-OTHER INFORMATION-ITEM 6
Item 6 Exhibits and Reports on Form 8-K
a. Exhibits-Exhibit 27-Financial Data Schedule
b. Reports on Form 8-K
There were no Form 8-K's filed with the Securities and Exchange Commission
during the second quarter of 1996.
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<TABLE> <S> <C>
<ARTICLE> 9
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<CASH> 4,622
<INT-BEARING-DEPOSITS> 88,281
<FED-FUNDS-SOLD> 0
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 22,421
<INVESTMENTS-CARRYING> 0
<INVESTMENTS-MARKET> 0
<LOANS> 96,402
<ALLOWANCE> 1,036
<TOTAL-ASSETS> 126,644
<DEPOSITS> 100,559
<SHORT-TERM> 8,022
<LIABILITIES-OTHER> 524
<LONG-TERM> 6,475
0
0
<COMMON> 2,651
<OTHER-SE> 8,413
<TOTAL-LIABILITIES-AND-EQUITY> 11,064
<INTEREST-LOAN> 4,114
<INTEREST-INVEST> 755
<INTEREST-OTHER> 22
<INTEREST-TOTAL> 4,891
<INTEREST-DEPOSIT> 1,833
<INTEREST-EXPENSE> 2,224
<INTEREST-INCOME-NET> 2,667
<LOAN-LOSSES> 87
<SECURITIES-GAINS> 18
<EXPENSE-OTHER> 2,505
<INCOME-PRETAX> 765
<INCOME-PRE-EXTRAORDINARY> 522
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 522
<EPS-PRIMARY> .24
<EPS-DILUTED> .24
<YIELD-ACTUAL> 4.68
<LOANS-NON> 275
<LOANS-PAST> 6
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 975
<CHARGE-OFFS> 33
<RECOVERIES> 7
<ALLOWANCE-CLOSE> 1,036
<ALLOWANCE-DOMESTIC> 1,036
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
<PAGE>
</TABLE>
