<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) June 23, 1998
Georgia Bancshares,Inc.
(Exact name of registrant as specified in
its charter)
Georgia
(State or other jurisdiction of incorporation)
0-29732 58-2176047
(Commission File Number) (IRS Employer Identification No.)
3333 Lawrenceville Highway, Tucker, Georgia 30084
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (770)491-3333
(Former name or former address, if changed since last report)
<PAGE>2
ITEM 5. Other Events
Stock Split
On June 23, 1998, the Registrant effected a five-for-two stock split
effective for shareholders of record as of that date. Every two shares of the
Registrant's common stock outstanding was converted into five shares of common
stock. As a result of the stock split, the Registrant has 1,460,570 shares of
common stock, par value $1.60 per share, issued and outstanding. The stock split
did not increase the total authorized number of shares of the common stock of
the Registrant.
[THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK]
<PAGE>3
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 hereunto duly authorized.
GEORGIA BANCSHARES, INC.
Registrant
By: /s/ Ted A. Murphy
Ted A. Murphy, President
Date: June 24, 1998
