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) February 21, 2002
CRESCENT FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its charter)
North Carolina 000-32951 56-2259050
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(State or other jurisdiction (Commission File No.) IRS Employer Identification
of incorporation) number)
1005 High House Road, Cary, North Carolina 27513
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(Address of principal executive offices)
Registrant's telephone number, including area code (919) 460-7770
Not Applicable
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(Former address of principal executive offices)
Item 5. Other Events and Regulation FD Disclosure.
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On February 21, 2002, the Board of Directors of the Registrant declared a 12.5%
stock dividend payable on April 15, 2002 to shareholders of record on March 15,
2002. Cash will be paid in lieu of fractional shares.
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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.
CRESCENT FINANCIAL CORPORATION
By: /s/ Michael G. Carlton
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Michael G. Carlton
President and Chief Executive Officer
Dated: February 25, 2002
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EXHIBIT INDEX
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Exhibit Description
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Number of Exhibit
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99.1 Press Release
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