US SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) September 16, 1996
GEORGIA BANCSHARES, INC.
(Exact Name of Small Business Issuer as Specified in Its Charter)
33-90742 58-2176047
(Commission File Number) (IRS Employer Identification No.)
3333 Lawrenceville Highway
Tucker, Georgia 30084
(Address of Principal Executive Offices)
(770) 491-3333
(Registrant's Telephone Number, Including Area Code)
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GEORGIA BANCSHARES, INC.
Item 1. Change in Control or Registrant
None
Item 2. Acquisition or Disposition of Assets
None
Item 3. Bankruptcy or Receivership
None
Item 4. Change in Registrant's Certifying Accountant
None
Item 5. Other Events
Registrant's wholly owned Georgia bank subsidiary, DeKalb
State Bank, has changed its name effective September 16,1996
to "Community Bank of Georgia". The name was changed to
facilitate expansion outside of DeKalb County. In addition,
the Bank anticipates opening a branch office in Lilburn, Georgia
on October 1, 1996. The Bank has invested approximately $850,000
to purchase, renovate and equip a single-story building with
approximately 2,800 square feet of usable floor space for the
new branch office.
Item 6. Resignations of Registrant's Directors
None
Item 7: Financial Statements and Exhibits
None
Item 8. Change in Fiscal Year
None
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GEORGIA BANCSHARES, INC.
SIGNATURES
In accordance with the requirements of the Securities Exchange Act,
the registrant caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
GEORGIA BANCSHARES, INC.
By: /s/ David L. Edgar
David L. Edgar, Principal Financial
Officer and Principal Accounting
Officer
Date: September 23, 1996
