-----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, VO5WAOYhfz4p03gn/FUph6fENM9o/+FUiWCkAG93FkEBLTU+xVCK2eeQ6M5Jtr7m EyJ1z1mOWqoBQHs2k3pC1w== 0000702902-05-000093.txt : 20050405 0000702902-05-000093.hdr.sgml : 20050405 20050405155600 ACCESSION NUMBER: 0000702902-05-000093 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050405 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050405 DATE AS OF CHANGE: 20050405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARLEYSVILLE NATIONAL CORP CENTRAL INDEX KEY: 0000702902 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 232210237 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15237 FILM NUMBER: 05734129 BUSINESS ADDRESS: STREET 1: 483 MAIN ST STREET 2: P O BOX 195 CITY: HARLEYSVILLE STATE: PA ZIP: 19438 BUSINESS PHONE: 2152568851 MAIL ADDRESS: STREET 1: 483 MAIN STREET CITY: HARLEYSVILLE STATE: PA ZIP: 19438 8-K 1 mcadoosalecompletion.htm FORM 8K - MCADOO SALE COMPLETION Form 8K - McAdoo Sale Completion




UNITED STATES
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 -February 14, 2005

HARLEYSVILLE NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)

___________________

 
Pennsylvania
0-15237
23-2210237
(State or other jurisdiction
of incorporation or organization)
Commission File Number
(IRS Employer
Identification No.)

483 Main Street
Harleysville, Pennsylvania 19438
(Address of principal executive office and zip code)

(215) 256-8851
(Registrant’s telephone number, including area code)





Check the appropriate box below if the Form 8K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.133-4(c))

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Item 8.01 Other Events
On April 5, 2005, Harleysville National Bank issued a press release announcing the completion of the sale of the McAdoo Branch to The Legacy Bank. A copy of the press release is attached as Exhibit 99.1


Item 9.01 Financial Statements and Exhibits


(a) Exhibits.

Exhibit No.     Description

99.1 Press Release issued by Harleysville National Bank dated April 5, 2005 titled “Harleysville National Bank Completes sale of McAdoo Branch to The Legacy Bank.


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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.



         HARLEYSVILLE NATIONAL CORPORATION




Dated: April 5, 2005                     /s/ Michael B. High                              
        Michael B. High, EVP and Chief Operating Officer and CFO


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EXHIBIT INDEX

 
Page
   
Exhibit 99.1 Press Release dated April 5, 2005, of Harleysville National Bank (filed pursuant to Item 9.01 hereof).
5
 
  
   
   
   

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 EX-99.1 PRMCADOO 2 prmcadoosale.htm PR SALE COMPLTION ON MCADOO BRANCH PR Sale compltion on McAdoo Branch

 



FOR IMMEDIATE RELEASE
 
CONTACT: Michael High, Executive Vice President, COO and CFO,
Harleysville National Corporation
PHONE: 215-256-8851, ext. 2395
CONTACT: George H. Groves, Chairman and Chief Executive Officer, The Legacy Bank
PHONE: 717-441-3400, ext. 101

HARLEYSVILLE NATIONAL BANK COMPLETES SALE OF
MCADOO BRANCH TO THE LEGACY BANK

Harleysville, PA (April 5, 2005) - Harleysville National Bank, a wholly-owned subsidiary of Harleysville National Corporation (Nasdaq: “HNBC”) and The Legacy Bank (OTC-BB:LBOH) released today that they have completed the previously announced sale of the McAdoo, Pennsylvania branch from Harleysville National Bank to The Legacy Bank. The sale of this Schuylkill County branch includes approximately $13.8 million in deposits as well as certain loans and other assets. Harleysville National Bank expects to record a pre-tax profit on the sale of approximately $665,000 during the second quarter of 2005.
The Legacy Bank, with approximately $339 million in assets, is a Pennsylvania commercial bank with 9 offices in 5 counties throughout central Pennsylvania including Dauphin, Cumberland, Lycoming, Luzerne, and Schuylkill counties. The Legacy Bank has received Preferred Lender program status granted by the U.S. Small Business Administration (SBA).  Legacy Asset Management Services had approximately $119 million in Legacy Trust Company assets under management and approximately $46 million in brokerage accounts at quarter end. The company offers a full suite of banking and asset management products and services, for individuals, small- to medium-sized and privately held businesses, as well as professionals and professional practices - all designed to assist individuals, professionals and business owners in wealth creation and preservation.

 
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ADD ONE / HNB COMPLETES SALE OF MCADOO BRANCH

The Legacy Bank offers Pennsylvania’s first Department of Banking approved business deposit courier service and provides online banking for businesses and consumers. For more information, visit the company’s web site at www.thelegacybank.com.
Harleysville National Corporation, with assets in excess of $3 billion, is the holding company for Harleysville National Bank (HNB). Investment Management and Trust Services are provided through Millennium Wealth Management & Private Banking, a division of HNB, with assets under management exceeding $1.5 billion. Cumberland Advisors, Inc., an SEC registered investment advisor specializing in fixed-income money management and equities, using exchange-traded funds, is also a part of Millennium Wealth Management & Private Banking. Harleysville National Corporation stock is traded under the symbol "HNBC" and is commonly quoted under Nasdaq National Market Issues. For more information, visit the HNC website at www.hncbank.com.

 

This press release may contain forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in Harleysville National Corporation’s filings with the Securities and Exchange Commission and The Legacy Bank’s filings with the Federal Deposit Insurance Corporation.


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