SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report: February 1, 2000
Palmetto Bancshares, Inc.
-------------------------
(Exact Name of Registrant as Specified in Its Charter)
South Carolina 0-26016 74-2235055
-------------- ------- ----------
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Incorporation) Identification No.)
301 Hillcrest Drive, Laurens, SC 29360
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(864) 984-4551
----------------------------------------
(Registrant's Telephone Number, Including Area Code)
N/A
----------------------------------------
(Former name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
The Board of Directors of Palmetto Bancshares, Inc. (the "Company") has
approved a two-for-one stock split effected in the form of a stock dividend to
shareholders in the amount of one share of common stock of the Company for each
share of common stock held by shareholders of record as of January 3, 2000.
SIGNATURES
Pursuant 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 hereunto duly authorized.
PALMETTO BANCSHARES, INC.
Date: February 1, 2000 By: /s/ Paul W. Stringer
--------------------
President and Chief Operating Officer
(Chief Accounting Officer)