UNITED STATES
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): March 4, 2004
Greer Bancshares Incorporated
(Exact name of registrant as specified in its charter)
| South Carolina | 000-33021 | 57-1126200 |
| (State or other | (Commission | (I.R.S. Employer |
| jurisdiction of | File Number) | Identification No.) |
| incorporation) | | |
| | |
|---|
| 1111 W. Poinsett Street | | | |
| Greer, South Carolina | | 29650 | |
| (Address of principal executive offices) | | (Zip Code) | |
Registrant's telephone number, including area code: (864) 877-2000
Not Applicable
(Former name or former address, if changed since last report.)
Item 4. Changes in Registrant’s Certifying Accountant
At a meeting held on March 3, 2004, the audit committee of the Board of Directors of the Company approved the engagement of Dixon Hughes PLLC, the successor in the merger of its current independent auditors, Crisp Hughes Evans LLP, and the firm of Dixon Odom PLLC, as its independent auditors effective with the successful merger of the two firms. On March 1, 2004, the audit committee of the Board of Directors was notified that the merger of the two firms was completed and that the firm of Crisp Hughes Evans LLP would no longer be providing any services as independent auditors.
The report of Crisp Hughes Evans LLP on the Company’s consolidated financial statements for the past fiscal year ended December 31, 2002 and 2001, did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles, nor was there any event of the type requiring disclosure under Item 304(a)(1)(v) of Regulation S-K.
In connection with the audits of the Company’s consolidated financial statements for the fiscal years ended December 31, 2002 and 2001, and through the date of this Form 8-K, there were no disagreements with Crisp Hughes Evans LLP on any matters of accounting principles or practices, financial statement disclosure, or auditing scope and procedures which, if not resolved to the satisfaction of Crisp Hughes Evans LLP would have caused Crisp Hughes Evans LLP to make reference to the matter in their report.
The Company has provided Crisp Hughes Evans LLP with a copy of the disclosures contained in this report, and has requested Crisp Hughes Evans LLP to furnish it a letter addressed to the Commission stating whether it agrees with the above statements. A copy of that letter, dated March 4, 2004 is filed as Exhibit 16.
During the Company’s two most recent fiscal years and through the date of this Form 8-K, the Company did not consult Dixon Odom PLLC prior to its merger with Crisp Hughes Evans LLP forming the new firm of Dixon Hughes PLLC with respect to the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements or any other matters or reportable events listed in Items 304(a)(2)(i) or (ii) of Regulation S-K.
Item 7. Financial Statements. Pro Forma Financial Information and Exhibits
(c) Exhibits
16 Crisp Hughes Evans LLP letter to the Securities and Exchange Commission dated March 4, 2004.
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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 hereunto duly authorized.
| Date: March 4, 2004 | | GREER BANCSHARES INCORPORATED
By: /s/ R. Dennis Hennett
Name: R. Dennis Hennett
Title: President and Chief Executive Officer |
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INDEX TO EXHIBITS
Exhibit Number and Description
16.1 Crisp Hughes Evans LLP letter to the Securities and Exchange Commission dated March 4, 2004.
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