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): January 7, 2004
SOUTHFIRST BANCSHARES, INC.
(Exact Name of Registrant as Specified in Charter)
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DELAWARE
(State of Incorporation) | | 1-13640
(Commission File Number) | | 63-1121255
(I.R.S. Employer
Identification No.) |
126 North Norton Avenue, Sylacauga, Alabama 35150
(Address of Principal Executive Offices / Zip Code)
(205) 245-4365
(Registrant’s telephone number, including area code)
Item 5. Other Events and Required FD Disclosure.
On January 7, 2004, Registrant’s wholly-owned subsidiary, First Federal of the South, publicly disseminated a press release announcing that its wholly-owned subsidiary, SouthFirst Mortgage, Inc., had acquired all of the assets and work in progress of Walton Mortgage, Inc. for $100,000 in cash pursuant to an asset purchase agreement. The information contained in the press release is incorporated herein by reference and filed as Exhibit 99.1 hereto.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Press Release issued by First Federal of the South, a wholly-owned subsidiary of SouthFirst Bancshares, Inc., dated January 7, 2004.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | SOUTHFIRST BANCSHARES, INC. |
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| Dated: January 8, 2004 | | By: | | /s/ Joe K. McArthur
Chief Executive Officer | | |
Exhibit Page
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| Exhibit No. | | Description of Exhibit |
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| 99.1 | | Press Release issued by First Federal of the South, a wholly-owned subsidiary of SouthFirst Bancshares, Inc., dated January 7, 2004. |
