1 FORM 8-K / A 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 17, 2000 CCB FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) North Carolina 0-12358 56-1347849 (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 111 Corcoran Street, Durham, North Carolina 27701 (Address, including zip code, of principal executive office) (919) 683-7777 (Registrant's telephone number, including zip code) Item 5. Other Events. As disclosed in the Current Report on Form 8-K dated March 17, 2000, CCB Financial Corporation ("CCB") and National Commerce Bancorporation ("NCB") entered into an Agreement and Plan of Merger (the "Agreement") on March 17, 2000 pursuant to which CCB will merge with and into NCB. The Boards of Directors of CCB and NCB approved the Agreement and the transactions contemplated therein on March 17, 2000. CCB and NCB have each granted to the other an irrevocable option to purchase up to 19.9% of the outstanding Common Stock of such party (respectively, the CCB Stock Option Agreement" and the "NCBC Stock Option Agreement"). For additional information regarding the Agreement, the CCB Stock Option Agreement and the NCB Stock Option Agreement, reference is made to the copies of those documents which are incorporated herein by reference and included as Exhibits to this Current Report on Form 8-K. Item 7. Financial Statements and Exhibits. c) Exhibits 2.1 Agreement and Plan of Merger, dated as of March 17, 2000, by and between CCB Financial Corporation and National Commerce Bancorporation 2.2(a) Stock Option Agreement, dated as of March 17, 2000, issued by CCB Financial Corporation to National Commerce Bancorporation 2.2(b) Stock Option Agreement, dated as of March 17, 2000, issued by National Commerce Bancorporation to CCB Financial Corporation SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized. CCB FINANCIAL CORPORATION (Registrant) Dated March 24, 2000 By: /s/ SHELDON M. FOX Sheldon M. Fox Chief Financial Officer INDEX TO EXHIBITS Exhibit 2.1 Agreement and Plan of Merger, dated as of March 17, 2000, by and between CCB Financial Corporation and National Commerce Bancorporation 2.2(a) Stock Option Agreement, dated as of March 17, 2000, issued by CCB Financial Corporation to National Commerce Bancorporation 2.2(b) Stock Option Agreement, dated as of March 17, 2000, issued by National Commerce Bancorporation to CCB Financial Corporation