-------------------------------------------------------------------------------- -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- Amendment No. 1 to FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 25, 2001 Date of Report (Date of earliest event recorded) ---------------- BB&T Corporation (Exact name of registrant as specified in its charter) Commission file number: 1-10853 North Carolina 56-0939887 (State of Incorporation) (I.R.S. Employer Identification No.) 200 West Second Street Winston-Salem, North Carolina 27101 (Address of Principal Executive Offices) (Zip Code) (336) 733-2000 (Registrant's Telephone Number, Including Area Code) ---------------- This Form 8-K has 52 pages. The purpose of this amendment to BB&T's Current Report on Form 8-K, originally filed on July 25, 2001, is to file the information reflected on p. 52, which was omitted from the original filing. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- ITEM 5. OTHER EVENTS On June 7, 2001, BB&T Corporation ("BB&T") completed its merger with Century South Banks, Inc. ("Century South") of Alpharetta, Georgia. To consummate the merger, Century South's shareholders received .93 shares of BB&T common stock in exchange for each share of Century South common stock held, resulting in the issuance of 12.7 million shares of BB&T common stock. The transaction was accounted for as a pooling of interests. Accordingly, the consolidated financial statements (including notes to consolidated financial statements) for the years ended December 31, 2000, 1999 and 1998, contained in BB&T's Current Report on Form 8-K filed on April 27, 2001, restated for the accounts of Century South, are included in this Current Report on Form 8-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit Description ------- ----------- 11 Computation of Earnings Per Share. Filed herewith as Note R. of the "Notes to Consolidated Financial Statements." 23 Consent of Independent Public Filed herewith on page 4. Accountants. 99.1 Report of Independent Public Filed herewith on page 5. Accountants. 99.2 BB&T's restated audited financial Filed herewith beginning on Page 7. statements and notes thereto, including the accounts of Century South. 2 SIGNATURE 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. BB&T Corporation (Registrant) /s/ Sherry A. Kellett By: _________________________________ Sherry A. Kellett Senior Executive Vice President and Controller (Principal Accounting Officer) Date: July 25, 2001. 3