UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
CURRENT REPORT
Pursuant to Section 13 of 15(d) of
the Securities Exchange Act of 1934
October 21, 1996
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(Earliest Event Reported)
Newnan Holdings, Inc.
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(Exact Name of Registrant as
Specified in its Charter)
Georgia 333-4304 58-2232785
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(State or other jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification Number)
19 Jefferson Street, Newnan, Georgia 30263
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(Address of principal executive offices)
(770) - 253 - 5017
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(Registrant's Telephone Number)
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On October 21, 1996, Newnan Holdings, Inc. ("Company") announced that
it had signed a letter of intent to merge with Tara Bankshares Corporation
("Tara"). The proposed acquisition is subject to execution of a definitive
agreement and appropriate corporate shareholder and regulatory approvals. The
subsidiary of Tara, Tara State Bank, will continue to operate as a separate
state-chartered commercial bank.
Newnan Holdings, Inc. is based in Newnan, Georgia and is the parent
company of Newnan Savings Bank, FSB and Citizens Bank & Trust of Fayette County.
Newnan Holdings has assets of $260 million and operates offices in Coweta,
Fayette, Henry and Troup Counties, Georgia. Tara Bankshares Corporation is
based in Riverdale, Georgia, and is the parent company of Tara State Bank which
has $60 million in assets and two offices in Clayton County.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits - Index
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99 - Registrant's press release, dated October 21, 1996....Page 4
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, Registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NEWNAN HOLDINGS, INC.
Dated: November 6, 1996 By: /s/ Douglas J. Herth
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Douglas J. Hertha
Vice President
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