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 event reported): December 7, 2001
GREENE COUNTY BANCSHARES, INC.
(Exact name of Registrant as specified in its charter)
Tennessee 0-14289 62-1222567
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
100 North Main Street, Greeneville, Tennessee 37743-4992
(Address of principal executive offices)
(423) 639-5111
Registrant's telephone number, including area code
Not Applicable
(Former Name or former address, if changed since last report)
Item 5. Other Events.
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On December 7, 2001, the Registrant's wholly owned subsidiary, Greene County
Bank, a Tennessee state-chartered bank (the "Bank"), completed its acquisition
of three Tennessee branch offices of SunTrust Bank, a Georgia banking
corporation ("SunTrust"). The three branch offices are located at 210 West Main
Street, Rogersville, Tennessee, 410 Park Boulevard, Rogersville, Tennessee and
290 Bellamy Avenue, Surgoinsville, Tennessee. Further information is set forth
in the attached press release.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) - (b) Not applicable.
(c) The following exhibit is filed as part of this report.
Exhibit 99.1 Press release dated December 10, 2001
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf by the undersigned
hereunto duly authorized.
GREENE COUNTY BANCSHARES, INC.
Date: December 11, 2001 By: /s/ R. Stan Puckett
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R. Stan Puckett
President, Chief Executive Officer and Director
(Duly Authorized Representative)
December 10, 2001
CONTACT: R. Stan Puckett, President FOR IMMEDIATE RELEASE
(423) 787-1227
GREENE COUNTY BANK COMPLETES PURCHASE OF THREE SUNTRUST BANK BRANCHES IN HAWKINS
COUNTY, TENNESSEE
(Greeneville, Tennessee) -- Greene County Bank, Greeneville, Tennessee,
completed its acquisition of three SunTrust Bank branches located in Hawkins
County, Tennessee on Friday, December 7, 2001. Greene County Bank acquired
SunTrust Bank's Main Street and Parkview branches in Rogersville and its
Surgoinsville branch in Surgoinsville. The acquired branches will be operated by
Greene County Bank under its Hawkins County Bank branch system, which operates
as "Hawkins County Bank, a Greene County Bank office." Greene County Bank also
closed its existing Hawkins County Bank branch located on Highway 66 to
consolidate its operations in Rogersville.
Greene County Bank is a wholly owned subsidiary of Greene County Bancshares,
Inc., which is headquartered in Greeneville, Tennessee. As of September 30,
2001, Greene County Bancshares, Inc. had total assets of approximately $800
million. Greene County Bank is the largest community bank in East Tennessee and
now has 31 branches throughout East Tennessee, including its branches in Hawkins
County.
This news release may contain forward-looking statements regarding Greene County
Bancshares, Inc. All forward-looking statements involve risk and uncertainty and
actual results could differ materially from the anticipated results or other
expectations expressed in the forward-looking statements. A discussion of
factors that could cause actual results to differ materially from those
expressed in the forward-looking statements is included in Greene County
Bancshares' filings with the Securities and Exchange Commission.