U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported) March 16, 1999
TRIANGLE BANCORP, INC.
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NORTH CAROLINA 0-21346 56-1764546
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(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
4300 Glenwood Avenue, Raleigh, North Carolina 27612
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (919) 881-0455
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Item 5. Other Information
On March 16, 1999, the Board of Directors of Triangle Bancorp, Inc. ("Triangle")
authorized the repurchase of up to 400,000 shares of Triangle's common stock.
The repurchase represents approximately 1.6% of Triangle's issued and
outstanding common stock. All shares purchased under the authorization will be
used for general corporate purposes. The repurchase program began March 16,
1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Triangle
Bancorp, Inc. has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TRIANGLE BANCORP, INC.
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(Registrant)
Date: March 17, 1999 By: /s/ Debra L. Lee
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Debra L. Lee
Chief Financial Officer
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