United States Securities And Exchange Commission Washington, D. C. 20549 Form 10-QA Quarterly Report Pursuant To Section 13 or 15(d) of The Securities Exchange Act Of 1934 For the quarter ended June 30, 1996. Commission File No. 0-10852 SOUTHERN BANCSHARES (N.C.), INC. DELAWARE 56-1538087 (State of other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 121 East Main Street Mount Olive, North Carolina 28365 	(Address of Principal Executive offices) (Zip Code) Registrant's Telephone Number, including Area Code: (919) 658-7000 On April 17, 1996 the Company amended its Certificate Of Incorporation to reduce the number of authorized shares of the Company's $2 preferred stock from 2,060 shares to -0- shares and to delete said class of stock; to reduce the number of authorized shares of its Series B preferred stock from 840,744 shares to 408,728 shares; and to reduce the number of authorized shares of its Series C preferred stock from 420,372 shares to 43,631 shares, for a total aggregate reduction in the number of authorized shares of 810,817 shares. Pursuant to resolutions of the Company's Board of Directors, the Annual Meeting of the Shareholders of the Corporation was duly called and held on April 17, 1996, upon notice in accordance with Section 222 of the General Corporation Law of the State of Deleware, at which meeting the necessary numbers of shares of each class of preferred stock, each class voting separately as a class, and of all classes of common and preferred stock voting together as a group, were voted affirmatively in favor of the amendment, as required by statute. See Exhibit A, Certificate of Amendment of Certificate of Incorporation of Southern BancShares (N.C.), Inc., attached. Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for 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 ___ Indicate the number of shares outstanding of the Registrant's common stock as of the close of the period covered by this report. 119,918 shares Persuant 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 thereunto duly authorized. SOUTHERN BANCSHARES (N.C.), INC. Dated: August 1, 1996 __________________________________ M. J. McSorley, Vice President Dated: August 1, 1996 __________________________________ David A. Bean, Secretary/Treasurer