Sched 13G JHA.dot (SCHED1~1.DOT;1)

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KAecHmh6yyc+tQUf4xLIt5locGw4/+SkgpvV+FQYvdCP4Q24737IBp/imW5Xhr4k nlpVndR0Rol8sp6wtD5Gdg== 0001145443-11-000163.txt : 20110211 0001145443-11-000163.hdr.sgml : 20110211 20110211134205 ACCESSION NUMBER: 0001145443-11-000163 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110211 DATE AS OF CHANGE: 20110211 GROUP MEMBERS: JOHN HANCOCK REGIONAL BANK FUND GROUP MEMBERS: MANULIFE ASSET MANAGEMENT (US) LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS SOUTH BANKING CORP CENTRAL INDEX KEY: 0001051871 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 542069979 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54053 FILM NUMBER: 11597075 BUSINESS ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 BUSINESS PHONE: 7048685200 MAIL ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 FORMER COMPANY: FORMER CONFORMED NAME: GASTON FEDERAL BANCORP INC DATE OF NAME CHANGE: 19971222 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MANULIFE FINANCIAL CORP CENTRAL INDEX KEY: 0001086888 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 200 BLOOR ST EAST STREET 2: NORTH TOWER 11 CITY: TORONTO ONTARIO CANA STATE: A6 ZIP: 00000 BUSINESS PHONE: 4169263500 MAIL ADDRESS: STREET 1: 200 BLOOR ST EAST STREET 2: NORTH TOWER 11 CITY: TORONTO ONTARIO CANA SC 13G 1 d27854.htm SC 13G Sched 13G JHA.dot (SCHED1~1.DOT;1)

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Citizens South Banking Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

176682102

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:


X	Rule 13d-1(b)

	Rule 13d-1(c)

	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

PAGE 1 OF 8 PAGES


CUSIP No. 176682102


1	NAME OF REPORTING PERSON Manulife Financial Corporation
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o N/A
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Canada
Number of Shares Beneficially Owned by Each Reporting Person With		5	SOLE VOTING POWER -0-
		6	SHARED VOTING POWER -0-
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER -0-
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None, except through its indirect, wholly-owned subsidiary, Manulife Asset Management (US) LLC
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 See line 9 above.
12	TYPE OF REPORTING PERSON* HC

*SEE INSTRUCTIONS

PAGE 2 OF 8 PAGES


CUSIP No. 176682102


1	NAME OF REPORTING PERSON Manulife Asset Management (US) LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o N/A
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		5	SOLE VOTING POWER 978,792
		6	SHARED VOTING POWER -0-
		7	SOLE DISPOSITIVE POWER 978,792
		8	SHARED DISPOSITIVE POWER -0-
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 978,792
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.50%
12	TYPE OF REPORTING PERSON* IA

*SEE INSTRUCTIONS

PAGE 3 OF 8 PAGES


CUSIP No. 176682102


1	NAME OF REPORTING PERSON John Hancock Regional Bank Fund
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o N/A
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts
Number of Shares Beneficially Owned by Each Reporting Person With		5	SOLE VOTING POWER -0-
		6	SHARED VOTING POWER -0-
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER -0-
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 635,611 shares owned directly by the Fund. Manulife Asset Management (US) LLC has sole voting and dispositive power over these shares.
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.52%
12	TYPE OF REPORTING PERSON* IV

*SEE INSTRUCTIONS

PAGE 4 OF 8 PAGES

Item 1(a)

Name of Issuer:
Citizens South Banking Corporation

Item 1(b)

Address of Issuer's Principal Executive Offices:
519 South New Hope Road
Gastonia, North Carolina 28054

Item 2(a)

Name of Person Filing:
This filing is made on behalf of Manulife Financial Corporation (“MFC”) and MFC’s indirect, wholly-owned subsidiary, Manulife Asset Management (US) LLC (“MAM (US)”), and is also made on behalf of John Hancock Regional Bank Fund (“JH Regional Bank Fund”).

Item 2(b)

Address of Principal Business Office:
The principal business office of MFC is located at 200 Bloor Street East, Toronto, Ontario, Canada, M4W 1E5.
The principal business office of MAM (US) is located at 101 Huntington Avenue, Boston, Massachusetts 02199.
The principal business office of JH Regional Bank Fund is located at 601 Congress Street, Boston, Massachusetts 02210.

Item 2(c)

Citizenship:
MFC is organized and exists under the laws of Canada.
MAM (US) is organized and exists under the laws of the State of Delaware.
JH Regional Bank Fund is organized and exists under the laws of the Commonwealth of Massachusetts.

Item 2(d)

Title of Class of Securities:
Common Stock

Item 2(e)

CUSIP Number:
176682102

Item 3

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

MFC:

(g) (X)

a parent holding company or control person in
accordance with §240.13d-1(b)(1)(ii)(G).

MAM (US):

(e) (X)

an investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E).

JH Regional Bank Fund:

(d) (X)

an investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

Item 4

Ownership:

(a) Amount Beneficially Owned: MAM (US) has beneficial ownership of 978,792 shares of Common Stock, of which JH Regional Bank Fund owns directly 635,611 shares. Through its parent-subsidiary relationship to MAM (US), MFC may be deemed to have beneficial ownership of these same shares.

(b)

Percent of Class: Of the 11,508,750 shares outstanding as of December 31, 2010, according to information filed by the issuer on a Form 8-K filed January 25, 2011, MAM (US) held 8.50%, of which JH Regional Bank Fund held 5.52%.

PAGE 5 OF 8 PAGES

(c)

Number of shares as to which the person has:

(i)

sole power to vote or to direct the vote:
MAM (US) has sole power to vote or to direct the voting of the shares of Common Stock it beneficially owns.

(ii)

shared power to vote or to direct the vote: -0-

(iii)

sole power to dispose or to direct the disposition of:
MAM (US) has sole power to dispose or to direct the disposition of the shares of Common Stock it beneficially owns.

(iv)

shared power to dispose or to direct the disposition of: -0-

Item 5

Ownership of Five Percent or Less of a Class:
Not applicable.

Item 6

Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.

Item 7

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
See Items 3 and 4 above.

Item 8

Identification and Classification of Members of the Group:
Not applicable.

Item 9

Notice of Dissolution of Group:
Not applicable.

Item 10

Certification:
By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

PAGE 6 OF 8 PAGES

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.


	Manulife Financial Corporation

	By:	/s/ Kenneth G. Pogrin
	Name:	Kenneth G. Pogrin
Dated: February 10, 2011	Title:	Attorney in Fact*

	Manulife Asset Management (US) LLC

	By:	/s/ William E. Corson
	Name:	William E. Corson
Dated: February 10, 2011	Title:	Vice President and Chief Compliance Officer

	John Hancock Regional Bank Fund

	By:	/s/ Francis V. Knox Jr.
	Name:	Francis V. Knox Jr.
Dated: February 10, 2011	Title:	Vice President and Chief Compliance Officer

* Signed pursuant to a Power of Attorney dated January 17, 2008 included as an Exhibit to Schedule 13G filed with the Securities and Exchange Commission by Manulife Financial Corporation on January 24, 2008.

PAGE 7 OF 8 PAGES

EXHIBIT A

JOINT FILING AGREEMENT

Manulife Financial Corporation, Manulife Asset Management (US) LLC and John Hancock Regional Bank Fund agree that the Schedule 13G to which this Agreement is attached, relating to the Common Stock of Citizens South Banking Corporation, is filed on behalf of each of them.


	Manulife Financial Corporation

	By:	/s/ Kenneth G. Pogrin
	Name:	Kenneth G. Pogrin
Dated: February 10, 2011	Title:	Attorney in Fact*

	Manulife Asset Management (US) LLC

	By:	/s/ William E. Corson
	Name:	William E. Corson
Dated: February 10, 2011	Title:	Vice President and Chief Compliance Officer

	John Hancock Regional Bank Fund

	By:	/s/ Francis V. Knox Jr.
	Name:	Francis V. Knox Jr.
Dated: February 10, 2011	Title:	Vice President and Chief Compliance Officer

PAGE 8 OF 8 PAGES

-----END PRIVACY-ENHANCED MESSAGE-----