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 are not reported: December 18, 2002
First Commerce Corporation
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(Exact name of Registrant as specified in its charter)
North Carolina 000-32807 90-0016560
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
301 S. McDowell Street, Charlotte, North Carolina 28204
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (704) 945-6565
Not Applicable
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(Former name or former address, if changed since last report)
Item 1. Changes in Control of Registrant.
Not applicable.
Item 2. Acquisition or Disposition of Assets.
Not applicable.
Item 3. Bankruptcy or Insolvency.
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not applicable.
Item 5. Other Events and Regulation FD Disclosure.
The Registrant, First Commerce Corporation, has entered into a Merger
Agreement, dated December 18, 2002 (the "Agreement"), with Bank of Granite
Corporation ("Granite") pursuant to which the Registrant will merge with and
into Granite and the Registrant's bank subsidiary, First Commerce Bank, will
merge with and into Granite's bank subsidiary, Bank of Granite. A copy of the
Agreement is attached hereto as Exhibit 99.1 and incorporated by reference. A
copy of the press release issued by the Registrant and Granite is attached
hereto as Exhibit 99.2 and incorporated herein by reference.
Item 6. Resignations of Registrant's Directors.
Not applicable.
Item 7. Financial statements and Exhibits.
a. Not applicable. b. Not applicable.
c. The following exhibits are attached hereto and
incorporated herein by reference: 1. Exhibit 99.1 -
Merger Agreement 2. Exhibit 99.2 - Press Release
Item 8. Change in Fiscal Year.
Not applicable.
Item 9. Regulation FD Disclosure.
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused its report to be signed on its behalf by the
undersigned hereunto duly authorized.
FIRST COMMERCE CORPORATION
/s/ Wesley W. Sturges
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Wesley W. Sturges
President and Chief Executive Officer
Date: December 18, 2002