-----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, Bso8Fky91zxAYUAqWaua1gOa0FmsbN/+YwBG/ty17W0JfnJcr+9BDgthFeOqyKxo 0HCM1vsOvd2F/LzWdTJShw== 0001021408-02-004764.txt : 20020415 0001021408-02-004764.hdr.sgml : 20020415 ACCESSION NUMBER: 0001021408-02-004764 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020327 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FC BANC CORP CENTRAL INDEX KEY: 0000893539 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 341718070 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25616 FILM NUMBER: 02601171 BUSINESS ADDRESS: STREET 1: 123 NORTH SANDUSKY AVE STREET 2: BOX 5657 CITY: BUCYRUS STATE: OH ZIP: 44820 BUSINESS PHONE: 4195627040 MAIL ADDRESS: STREET 1: 123 NNORTH SANDUSKY AVE STREET 2: BOX 567 CITY: BUCYRUS STATE: OH ZIP: 44820 8-K 1 d8k.txt CURRENT REPORT 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: March 27, 2002 -------------- (Date of earliest event reported) FC Banc Corp. -------------------------------------- (Exact name as specified in its charter) Ohio 0-25616 34-17178070 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 123 North Sandusky Avenue, Box 567, Bucyrus, Ohio 44820-0567 ------------------------------------------------------------ (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (419) 562-7040 ------------------------------------------------------------------ Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. FC Banc Corp. announced that its board authorized the repurchase of up to 4.99% of FC Banc Corp.'s outstanding common stock. FC Banc Corp. currently has approximately 579,862 shares outstanding. For additional information, reference is made to FC Banc Corp.'s news release dated April 3, 2002, which is attached hereto as Exhibit 99.1 and incorporated herein by this reference. The information contained or incorporated by reference in this Current Report on Form 8-K may contain forward-looking statements, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors, including: changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure. All forward-looking statements included in this Current Report on Form 8-K are based on information available at the time of the Report. FC Banc Corp. assumes no obligation to update any forward-looking statement. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS Exhibit 99.1 - News Release dated April 3, 2002 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. FC BANC CORP. By: /s/ Coleman J. Clougherty ------------------------------------ Coleman J. Clougherty, Interim Chief Executive Officer Date: April 3, 2002 EX-99.1 3 dex991.txt NEWS RELEASE DATED APRIL 3, 2002 Exhibit 99.1 FC BANC CORP. NEWS RELEASE FC Banc Corp. 123 North Sandusky Avenue Bucyrus, Ohio 44820 Contact: Coleman J. Clougherty Interim CEO (419) 562-7040 FC BANC CORP. TO REPURCHASE UP TO 4.99% OF ITS OUTSTANDING SHARES BUCYRUS, Ohio (April 3, 2002) - FC Banc Corp. (OTC Bulletin Board: FCBQ) today announced that its board of directors approved a stock repurchase program, authorizing the repurchase over the next year of up to 4.99% of the outstanding common stock and discontinuing any additional share repurchases under the previous share repurchase program authorized in March of 2001. FC Banc Corp. repurchased 10,343 shares in 2001 and 10,292 in 2002, through March 27, 2002. Repurchases under the program authorized on March 27, 2002 will depend on market conditions. Accordingly, there is no guarantee about the exact number of shares that will be repurchased. Currently, FC Banc Corp. has approximately 579,862 shares outstanding. The board of directors approved the repurchase program, taking into account current economic and market factors, alternate investment strategies, and the strong capital position of FC Banc Corp. and its subsidiary, The Farmers Citizens Bank. The repurchased shares will become treasury shares available for general corporate purposes. FC Banc Corp. believes that the repurchase of its shares represents an attractive investment opportunity that will benefit the company and its stockholders. According to Coleman J. Clougherty, Interim Chief Executive Officer of FC Banc Corp., the repurchases generally will be accomplished by open market purchases or in privately negotiated transactions in accordance with applicable regulations of the Securities and Exchange Commission. ABOUT FC BANC CORP. At December 31, 2001, FC Banc Corp. reported total assets of approximately $110 million and stockholders' equity of approximately $12 million, or 11.1% of total assets. Through its subsidiary, The Farmers Citizens Bank, FC Banc Corp. offers an extensive line of retail and small business banking services in North Central Ohio through its main office in Bucyrus, two full-service branches at 233 North Sandusky Avenue and 1605 Marion Road in Bucyrus, a branch at 103 East Main Street in Cardington, Ohio, and a fourth branch at 240 West Sandusky Street in Fredericktown, Ohio. FORWARD-LOOKING STATEMENT This press release contains certain forward-looking statements, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure. All forward-looking statements included in this news release are based on information available at the time of the release. FC Banc Corp. assumes no obligation to update any forward-looking statement. ### -----END PRIVACY-ENHANCED MESSAGE-----