SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)
CT COMMUNICATIONS, INC.
_______________________________________________________
(Name of Issuer)
Common Stock
_______________________________________________________
(Title of class of securities)
126426402
_______________________________________________________
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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.
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CUSIP No. 126426402
_______________________________________________________________
1) Names of Reporting
Persons/S. S. or I. R. S. Identification
Nos.
of Above Persons:
First Charter Bank
_____________________________________________________________
2) Check the Appropriate
Box if a Member of a Group:
(a)
(b)
_______________________________________________________________
3) SEC Use Only:
_______________________________________________________________
4) Citizenship or Place of Organization:
Number of
(5) Sole Voting Power:
1,122,168
Shares Bene-
ficially
(6) Shared Voting Power:
57,635
Owned by
Each Report- (7) Sole
Dispositive Power: 1,180,883
ing Person
With
(8) Shared Dispositive Power:
0
______________________________________________________________
9) Aggregate
Amount Beneficially Owned by Each Reporting
Person:
1,180,883
_______________________________________________________________
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SCHEDULE 13G
Item 1(a): Name of Issuer: CT Communications, Inc.
Item 1(b): Address of Issuer's Principal Executive Offices:
1000 Progress Place, NE
Concord, North Carolina 28026
Item 2(a): Name of Person Filing: First Charter Bank
Item 2(b): Address of Principal
Business Office or, if none,
Residence:
10200 David Taylor Drive
Charlotte, North Carolina 28262
Item 2(c): Citizenship: U. S.
Item 2(d): Title of Class of Securities: Common Stock
Item 2(e): CUSIP Number: 126426402
Item 3: If this statement is
filed pursuant to Rules 13d-1(b) or 13d-2(b)
or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(U.S.C. 78c).(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);(j) [ X ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J);
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Item 4: Ownership:
(a) Amount beneficially owned: 1,180,883Item 5: Ownership of Five Percent or Less of a Class: N/A(b) Percent of Class: 6.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
1,122,168(ii) Shared power to vote or to direct the vote:
57,635(iii) Sole power to dispose or to direct the
disposition of: 1,180,883(iv) Shared power to dispose or to direct the
disposition of: 0
Item 6: Ownership of More than
Five Percent on Behalf of Another
Person: N/A
Item 7: Identification and Classification
of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company: N/A
Item 8: Identification and Classification of Members of the Group: N/A
Item 9: Notice of Dissolution of Group: N/A
Item 10: Certification: By signing
below, I certify that, to the best
of my knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not acquired
for the purpose of and do not have the effect of changing or
influencing the control of the issuer and were not acquired in
connection with or as a participant in any transaction having such
purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 12, 2003 FIRST CHARTER BANK
By: /s/ DENNIS DEPREY
Dennis Deprey
Vice President and Trust Officer
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