-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NRG9eQJNtcLJASlSn8LUOClrF6jfkTJcXEYLnrW+KjrfziDyZeY6eijvCoVjPqPq ZR2q4gUH1NVbUrAabnswNw== 0000355429-97-000008.txt : 19970430 0000355429-97-000008.hdr.sgml : 19970430 ACCESSION NUMBER: 0000355429-97-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970423 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970429 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROTECTIVE LIFE CORP CENTRAL INDEX KEY: 0000355429 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 952492236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12332 FILM NUMBER: 97590032 BUSINESS ADDRESS: STREET 1: 2801 HGWY 280 S CITY: BIRMINGHAM STATE: AL ZIP: 35223 BUSINESS PHONE: 2058799230 MAIL ADDRESS: STREET 1: PO BOX 2606 CITY: BIRMINGHAM STATE: AL ZIP: 35202 8-K 1 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) April 23, 1997 PROTECTIVE LIFE CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-12332 95-2492236 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 2801 Highway 280 South, Birmingham, Alabama 35223 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (205) 879-9230 N/A (Former name or former address, if changed since last report.) 1 Item 5. Other Events. On April 23, 1997, Registrant issued a press release with respect to its earnings which is included as an Exhibit to this Current Report and incorporated by reference herein. Item 7. Financial Statements and Exhibits (c) Exhibits The following exhibit is included herein. Exhibit 99: Press Release dated April 23, 1997. 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 thereunto duly authorized. PROTECTIVE LIFE CORPORATION BY /s/Jerry W. DeFoor Jerry W. DeFoor Vice President and Controller Dated: April 29, 1997 2 Exhibit Index Exhibit Number Description Page Number 99. Press Release Dated April 23, 1997 3 EX-99 2 PRESS RELEASE - 1ST QUARTER 1997 EARNINGS Exhibit 99 April 23, 1997 For Immediate Release PROTECTIVE ANNOUNCES RECORD 1Q97 EARNINGS Protective Life Corporation (NYSE: PL) announced record first quarter results today. The Company's operating income, which excludes realized investment gains and related amortization, was $.81 per share in the 1997 first quarter, a 11% increase over the $.73 per share last year. Consolidated net income for the first quarter of 1997 was $24.8 million or $.80 per share, compared to $21.1 million or $.73 per share reported for the 1996 first quarter. At March 31, 1997, the Company's assets were $8.3 billion. Stockholders' equity per share was $20.40 (excluding $1.05 per share of unrealized investment losses resulting from marking the Company's securities to market values). Operating return on average equity for the twelve months ending March 31, 1997 was 16.2%. (Average equity excludes the effect of unrealized losses on stockholders' equity.) 4 -----END PRIVACY-ENHANCED MESSAGE-----