SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB/A
                                 Amendment No. 1

| |  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934.

     For the fiscal year ended June 30, 2004
                               -------------

| |  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE
     ACT OF 1934

     For the transition period from ______ to _______.


                         Commission file number: 0-23521

                           Great Pee Dee Bancorp, Inc.
                 (Name of Small Business Issuer in Its Charter)

            Delaware                                  56-2050592
------------------------------------                  ----------
 (State or Other Jurisdiction of         (I.R.S. Employer Identification Number)
  Incorporation or Organization)

  901 Chesterfield Highway
   Cheraw, South Carolina                               29520
---------------------------------             -------------------------
 (Address of Principal Executive                     (Zip Code)
            Offices)

                                 (843) 537-7656
                (Issuer's Telephone Number, Including Area Code)

Securities registered under Section 12(b) of the Exchange Act: None
                                                               ----


Securities registered under Section 12(g) of the Exchange Act:

                     Common Stock par value $.01 per share
                     -------------------------------------
                                (Title of Class)

         Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding twelve months (or for such shorter period that the
Registrant was required to file such reports) and (2) has been subject to such
requirements for the past 90 days.
         YES      X        NO
              ---------        --------

         Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-B is not contained herein, and will not be contained,
to the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [o]

         The Issuer's revenues for the fiscal year ended June 30, 2004 were $9.6
million.

         The aggregate market value of the voting stock held by nonaffiliates of
the Registrant, computed by reference to the average of the closing bid and ask
price of such stock on the Nasdaq National Market on August 31, 2004 was
approximately $24.2 million.

         The number of shares outstanding of the Issuer's Common Stock, the
issuer's only class of outstanding capital stock, as of June 30, 2004 was
1,811,784.


<PAGE>

         Documents Incorporated by Reference

         The following documents, in whole or in part, are specifically
incorporated by reference in the indicated Part of this Annual Report on Form
10-KSB:

I.       Portions of the Great Pee Dee Bancorp, Inc. Proxy Statement for the
         2004 Annual Meeting of Shareholders are incorporated by reference into
         certain items of Part III.
II.      Portions of the Great Pee Dee Bancorp, Inc. Annual Report for the 2004
         Annual Meeting of Shareholders are incorporated by reference into
         certain items of Part II.

         Transitional Small Business Disclosure Format:  YES          NO   X
                                                             ------     -------

                                       2
<PAGE>


         This Amendment to the Annual Report on Form10-KSB of Great Pee Dee
Bancorp, Inc. is being filed with the U.S. Securities and Exchange Commission
solely to include information required by Item 14 of Form 10-KSB, which was
inadvertently omitted from the initial filing.

                                     PART IV

Item 13. Exhibits
------------------

         31.1     Certification  of Chief Executive  Officer pursuant to Section
                  302 of the Sarbanes-Oxley Act of 2002

         31.2     Certification  of Chief Financial  Officer pursuant to Section
                  302 of the Sarbanes-Oxley Act of 2002

Item 14.   Principal Accountant Fees and Services
-------------------------------------------------

         Information required by this Item is incorporated by reference to the
Proxy Statement under the caption "Proposal 2-Ratification of The Appointment of
Independent Auditors."



                                       3
<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.


                                           GREAT PEE DEE BANCORP, INC.



Date: October 27, 2004                  By: /s/ Herbert W. Watts
                                           -------------------------------------
                                           Herbert W. Watts
                                           President and Chief Executive Officer

         Pursuant to the requirements of the Securities Exchange of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.

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<S>                                                    <C>
By: /s/ Herbert W. Watts                                By: /s/ John M. Digby
   --------------------------------------------            --------------------------------------------
   Herbert W. Watts, President, Chief                      John M. Digby, Chief Financial Officer and
   Executive Officer and Director                          Treasurer
   (Principal Executive Officer)                           (Principal Financial and Accounting Officer)

Date: October 27, 2004                                  Date: October 27, 2004



By: /s Robert M. Bennett, Jr.                           By: /s/ William R. Butler
   --------------------------------------------            --------------------------------------------
   Robert M. Bennett, Jr., Director                        William R. Butler, Director

Date: October 27, 2004                                  Date: October 27, 2004


By: /s/ James C. Crawford, III                          By: /s/ Henry P. Duvall, IV
   --------------------------------------------            --------------------------------------------
   James C. Crawford, III, Chairman                        Henry P. Duvall, IV, Director

Date: October 27, 2004                                  Date: October 27, 2004


By: /s/ H. Malloy Evans, Jr.                            By: /s/ John S. Long
   --------------------------------------------            --------------------------------------------
   H. Malloy Evans, Jr., Director                          John S. Long, Director and
                                                           Executive Vice President

Date: October 27, 2004                                  Date: October 27, 2004


By: /s/ Cornelius B. Young
   --------------------------------------------
   Cornelius B. Young, Director


Date: October 27, 2004
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