SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 4.01. | Changes in Registrant’s Certifying Accountant. |
| (a) | Dismissal of Independent Registered Public Accounting Firm |
On December 5, 2022 (the “Notice Date”), First Savings Financial Group, Inc. (the “Company”) notified Monroe Shine & Co., Inc. (“Monroe Shine”) of its dismissal as the Company's independent registered public accounting firm effective upon the completion of its audit of the Company’s consolidated financial statements for the fiscal year ended September 30, 2022. The decision to dismiss Monroe Shine was approved by the Audit Committee of the Company’s Board of Directors. The dismissal of Monroe Shine was not related to any disagreements with Monroe Shine on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
Monroe Shine’s audit reports on the Company’s consolidated financial statements for each of the past two fiscal years ended September 30, 2020 and September 30, 2021 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
During the Company's two most recent fiscal years ended September 30, 2021 and September 30, 2022 and the subsequent interim period from October 1, 2022 through the Notice Date: (i) there were no disagreements with Monroe Shine on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures which, if not resolved to Monroe Shine's satisfaction, would have caused Monroe Shine to make reference to the subject matter of the disagreement in connection with its reports, and (ii) there were no “reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission (the “SEC”).
Before filing this Current Report on Form 8-K with the SEC, the Company provided Monroe Shine with a copy of the disclosures contained in this Item 4.01(a) and requested that Monroe Shine issue a letter, addressed to the SEC, stating whether Monroe Shine agrees with the statements contained in this Item 4.01(a). A copy of Monroe Shine’s letter dated December 5, 2022, addressed to the SEC, is filed as Exhibit 16.1 to this Current Report on Form 8-K.
| (b) | Engagement of New Independent Registered Public Accounting Firm |
On the Notice Date, the Company notified FORVIS, LLP (“FORVIS”) that it had been selected to serve as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2023. The selection of FORVIS was approved by the Audit Committee of the Company’s Board of Directors.
During the Company’s two most recent fiscal years ended September 30, 2021 and September 30, 2022 and the subsequent interim period from October 1, 2022 through the Engagement Date, neither the Company nor anyone on its behalf consulted with FORVIS regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's consolidated financial statements, and neither a written report nor oral advice was provided to the Company that FORVIS concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a “disagreement” (as defined in SEC Regulation S-K Item 304(a)(1)(iv)) or a “reportable event” (as defined in SEC Regulation S-K Item 304(a)(1)(v)).
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 16.1 | Letter of Monroe Shine & Co., Inc. dated December 5, 2022 |
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document) |
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.
| FIRST SAVINGS FINANCIAL GROUP, INC. | ||
| Date: December 5, 2022 | By: | /s/ Tony A. Schoen |
| Tony A. Schoen | ||
| Chief Financial Officer | ||
Exhibit 16.1
December 5, 2022
Securities and Exchange Commission
100 F Street NE
Washington, D.C. 20549
Commissioners,
We have read the statements of First Savings Financial Group, Inc. included under Item 4.01(a) “Dismissal of Independent Registered Public Accounting Firm” of its Current Report on Form 8-K filed on December 5, 2022. We agree with such statements that concern our firm.
Sincerely,
/s/ Monroe Shine & Co., Inc.
New Albany, Indiana
Cover |
Dec. 05, 2022 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Dec. 05, 2022 |
| Entity File Number | 001-34155 |
| Entity Registrant Name | FIRST SAVINGS FINANCIAL GROUP, INC. |
| Entity Central Index Key | 0001435508 |
| Entity Tax Identification Number | 37-1567871 |
| Entity Incorporation, State or Country Code | IN |
| Entity Address, Address Line One | 702 North Shore Drive |
| Entity Address, Address Line Two | Suite 300 |
| Entity Address, City or Town | Jeffersonville |
| Entity Address, State or Province | IN |
| Entity Address, Postal Zip Code | 47130 |
| City Area Code | 812 |
| Local Phone Number | 283-0724 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, par value $0.01 per share |
| Trading Symbol | FSFG |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |