SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-KSB/A
(Mark One)
|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended June 30, 2000
| | TRANSITIONAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
-------------- ---------------
Commission File Number: 1-13964
THE SOUTHERN BANC COMPANY, INC.
-------------------------------
(Name of Small Business Issuer in Its Charter)
DELAWARE 63-1146351
-------------------------------- ------------------------------------
(State or Other Jurisdiction of (I.R.S. Employer Identification No.)
Incorporation or Organization)
221 S. 6TH STREET, GADSDEN, ALABAMA 35901
-------------------------------------- --------
(Address of Principal Executive Offices) (Zip Code)
Issuer's Telephone Number, Including Area Code: (256) 543-3860
Securities registered pursuant to Section 12(b) of the Act:
COMMON STOCK, PAR VALUE $.01 PER SHARE AMERICAN STOCK EXCHANGE
-------------------------------------- --------------------------------------
(Title of Class) (Name of Exchange on Which Registered)
Securities registered pursuant to Section 12(g) of the Act:
Not Applicable
Check whether the issuer: (1) filed all reports required by Section 13 or 15(d)
of the Exchange Act during the preceding 12 months (or 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 _____
Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]
Registrant's revenues for the fiscal year ended June 30, 2000: $645,725
The aggregate market value of the 757,817 shares of Common Stock of the
registrant issued and outstanding held by non-affiliates was approximately $8.0
million based on the closing sales price of $10.56 per share of the registrant's
Common Stock on September 25, 2000 as listed on the American Stock Exchange. For
purposes of this calculation, it is assumed that directors, executive officers
and beneficial owners of more than 10% of the registrant's outstanding voting
stock are affiliates.
Number of shares of Common Stock outstanding as of September 25, 2000: 1,006,498
Transitional Small Business Disclosure Format Yes No X
-------- ------
DOCUMENTS INCORPORATED BY REFERENCE
The following lists the documents incorporated by reference and the part of this
report into which the document is incorporated:
1. Portions of the Annual Report to Stockholders for the Fiscal Year Ended
June 30, 2000 (the "Annual Report"). (Parts I and II)
2. Portions of the Proxy Statement for the registrant's 2000 Annual Meeting of
Stockholders (the "Proxy Statement"). (Part III)
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized, as of the date
indicated below.
THE SOUTHERN BANC COMPANY, INC.
Date: October 3, 2000 By: /S/ JAMES B. LITTLE JR.
-------------------------------------
James B. Little Jr.
Chairman of the Board, President and
Chief Executive Officer
(Duly Authorized Representative)
2
