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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
October 27, 2000
Date of Report (Date of earliest event recorded)
BB&T Corporation
(Exact name of registrant as specified in its charter)
Commission file number: 1-10853
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North Carolina 56-0939887
(State of Incorporation) (I.R.S. Employer Identification No.)
200 West Second Street
Winston-Salem, North Carolina 27101
(Address of Principal Executive (Zip Code)
Offices)
(336) 733-2000
(Registrant's Telephone Number, Including Area Code)
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This Form 8-K has 65 pages.
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Item 5. Other Events
On June 13, 2000, BB&T Corporation ("BB&T") completed its merger with
Hardwick Holding Company ("Hardwick"), of Dalton, Georgia. To consummate the
merger, Hardwick's shareholders received .932 shares of BB&T common stock in
exchange for each share of Hardwick common stock held, resulting in the
issuance of 3.9 million shares of BB&T common stock.
On June 15, 2000, BB&T completed its merger with First Banking Company of
Southeast Georgia ("First Banking Company"), headquartered in Statesboro,
Georgia. To complete the merger, First Banking Company's shareholders received
.74 shares of BB&T common stock in exchange for each share of First Banking
Company common stock held, resulting in the issuance of 4.1 million shares of
BB&T common stock.
On July 6, 2000, BB&T completed its merger with One Valley Bancorp, Inc.
("One Valley"), based in Charleston, West Virginia. To consummate the merger,
One Valley's shareholders received 1.28 shares of BB&T common stock in
exchange for each share of One Valley common stock held, resulting in the
issuance of 43.1 million shares of BB&T common stock.
These transactions were accounted for as poolings of interests. Accordingly,
the consolidated financial statements (including notes to consolidated
financial statements), and supplemental financial information contained in
BB&T's Current Report on Form 8-K filed on April 28, 2000, for the years ended
December 31, 1999, 1998 and 1997, restated for the accounts of Hardwick, First
Banking Company and One Valley, are included in this Current Report on Form 8-
K.
Item 7. Financial Statements and Exhibits
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Exhibit Description
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11 Computation of Earnings Per Share. Filed herewith as Note R. of
the "Notes to Consolidated
Financial Statements."
23 Consent of Independent Public Filed herewith on page 4.
Accountants.
27 Financial Data Schedule. Filed herewith as an exhibit
to the electronically filed
document as required.
99.1 Report of Independent Public Filed herewith on page 5.
Accountants.
99.2 BB&T's restated audited financial Filed herewith beginning on
statements and notes thereto, page 7.
including the accounts of Hardwick,
First Banking Company and One
Valley.
99.3 BB&T's restated Securities Act Filed herewith beginning on
Guide 3 statistical disclosures, page 47.
including the accounts of Hardwick,
First Banking Company and One
Valley.
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SIGNATURE
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 hereunto duly authorized.
BB&T CORPORATION (Registrant)
/s/ Sherry A. Kellett
By: _________________________________
Sherry A. Kellett
Senior Executive Vice President
and Controller
(Principal Accounting Officer)
Date: October 27, 2000.
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