-----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, Q5U6b7ErND2+X+5whC6Xaj9L9u3XYvDS4UzLK76A6FzRTagVGZwIRYJ37zx1nXZZ cJhnUWUayt35FbIu4ZfrzQ== 0001019892-02-000134.txt : 20021112 0001019892-02-000134.hdr.sgml : 20021111 20021112095823 ACCESSION NUMBER: 0001019892-02-000134 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021102 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000797871 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 570824914 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-15083 FILM NUMBER: 02815572 BUSINESS ADDRESS: STREET 1: 102 S MAIN ST CITY: GREENVILLE STATE: SC ZIP: 29601 BUSINESS PHONE: 8642557900 MAIL ADDRESS: STREET 1: 102 S MAIN STREET CITY: GREENVILLE STATE: SC ZIP: 29601 FORMER COMPANY: FORMER CONFORMED NAME: CAROLINA FIRST CORP DATE OF NAME CHANGE: 19920703 8-K/A 1 form8k-11022002.txt FORM 8-K/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: November 2, 2002 The South Financial Group, Inc. ---------------------------------------------------------- (Exact name of registrant as specified in its charter) South Carolina 0-15083 57-0824914 -------------- ------- ---------- (State of other juris- (Commission (IRS Employer diction of incorporation) File Number) Identification Number) 102 South Main Street, Greenville, South Carolina 29601 ------------------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (864) 255-7900 THIS FORM 8-K/A CORRECTS THE FORM 8-K FILED BY THE REGISTRANT ON NOVEMBER 5, 2002. THE FOLLOWING ITEM 5 REPLACES IN ITS ENTIRETY THE INFORMATION DISCLOSED UNDER ITEM 2 IN THE PREVIOUS FILING. ITEM 5. ACQUISITION OR DISPOSITION OF ASSETS Effective October 31, 2002, The South Financial Group, Inc. ("TSFG") through Carolina First Bank ("CFB"), TSFG's wholly-owned banking subsidiary, completed its acquisition of substantially all of the assets and deposits of Rock Hill Bank & Trust ("RHBT"), which is the wholly-owned banking subsidiary of RHBT Financial Corporation. Pursuant to the Asset Sale Agreement dated September 3, 2002 among TSFG, CFB and RHBT (the "Asset Sale Agreement") RHBT received 430,017 shares of TSFG common stock, plus agreed to pay a cash earnout equal to 30% of the net improvement from August 31, 2002 through December 31, 2005 in the aggregate charge-offs and reserves in a specific pool of designated loans and 50% of net amounts recovered under RHBT Financial's blanket bond insurance policy with respect to such loans. In return, TSFG obtained RHBT's three branches in York County, including two in Rock Hill and one in Fort Mill, South Carolina. TSFG merged RHBT's branches into CFB and added approximately $185 million in deposits. On November 1, 2002, TSFG issued a press release announcing the consummation of the transaction contemplated by the Asset Sale Agreement. The Asset Sale Agreement and the press release are filed herewith as Exhibits 2 and 99, respectively, and are incorporated herein by reference in their entirety. The foregoing description of the Asset Sale Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement. ITEM 7. EXHIBITS. (a) Exhibits. 2.1 Asset Sale Agreement dated September 3, 2002 among The South Financial Group, Inc., Carolina First Bank and Rock Hill Bank & Trust. Incorporated by reference to Appendix A of TSFG's Registration Statement on Form S-4, Commission File No. 333-100100, filed on September 26, 2002. 99.1 Press Release of TSFG issued November 1, 2002. Incorporated by reference to Exhibit 99.1 to TSFG's Form 8-K filed on November 5, 2002. 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. THE SOUTH FINANCIAL GROUP, INC. November 11, 2002 By: /s/ William S. Hummers III --------------------------------------- William S. Hummers III Executive Vice President -----END PRIVACY-ENHANCED MESSAGE-----