-----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, FcNp5BU890NCEzSzvL6hOjv+9XCM3iqMG3ukTZszAEaxbVv8KTTWV1XJcBVo5ree 7cY8kJxam73QHgN76Y1MbQ== 0001000301-98-000036.txt : 19981119 0001000301-98-000036.hdr.sgml : 19981119 ACCESSION NUMBER: 0001000301-98-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981118 ITEM INFORMATION: FILED AS OF DATE: 19981118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMBANC HOLDING CO INC CENTRAL INDEX KEY: 0001000301 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 141783770 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27036 FILM NUMBER: 98754861 BUSINESS ADDRESS: STREET 1: 11 DIVISION ST CITY: AMSTERDAM STATE: NY ZIP: 12010 BUSINESS PHONE: 5188427200 MAIL ADDRESS: STREET 1: PO BOX 669 CITY: AMSTERDAM STATE: NY ZIP: 12010 8-K 1 MERGER COMPLETION 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 November 18, 1998 AMBANC HOLDING CO., INC. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 0-27036 14-1783770 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 11 Division Street, Amsterdam, New York 12010-4303 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (518) 842-7200 -------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events - -------------------- On November 18, 1998, the Registrant issued the press release attached hereto as Exhibit 99 announcing that the merger between Amsterdam Savings and Amsterdam Federal is complete. Item 7. Financial Statements and Exhibits - ----------------------------------------- (c) Exhibits The Exhibits referred to in Item 5 of this Report and listed on the accompanying Exhibit Index are filed as part of this Report and are incorporated herein by reference. 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. AMBANC HOLDING CO., INC. Date: November 18, 1998 By:/s/John M. Lisicki --------------------------- --------------------------------- John M. Lisicki President & Chief Executive Officer Exhibit Number Description - ------- --------------------------------------------------- 99 Press release dated November 18, 1998 EX-99 2 MERGER COMPLETION FOR IMMEDIATE RELEASE Contacts: John M. Lisicki, President and CEO Tel: (518) 842-5700 Ambanc Holding Co., Inc. and AFSALA Bancorp, Inc. Complete Merger November 18, 1998 (Amsterdam, NY) - John M. Lisicki, President and Chief Executive Officer of Ambanc Holding Co., Inc. (NASDAQ: AHCI), announced that on November 16, 1998, Ambanc completed its merger with AFSALA Bancorp, Inc. (NASDAQ: AFED). As part of the merger, Amsterdam Federal Bank, a subsidiary of AFSALA, and Amsterdam Savings Bank, a subsidiary of Ambanc, were also merged and now operate as one bank under the name Mohawk Community Bank, with total assets of approximately $700 million. Mohawk Community Bank will also have total deposits of approximately $460 million and serve customers in 18 upstate New York offices, located in Montgomery, Fulton, Schenectady, Saratoga, Albany, Otsego and Chenango counties. On October 27, 1998, the Office of Thrift Supervision (OTS) approved the merger between AFSALA and Ambanc, along with their subsidiaries. The shareholders of each company approved the merger in September, 1998. Upon consummation of the merger, each outstanding share of AFSALA common stock will be converted into 1.07 shares of Ambanc common stock. Mr. Lisicki said "I am pleased that the merger has been completed, and we may now move aggressively forward to combine the products, services, operating systems and staff of the two companies." He added "I am pleased to assume the role of President and Chief Executive Officer of Ambanc and Mohawk Community Bank and look forward to working with our excellent team of executives and staff in taking on the remaining challenges of the merger. We will continue the traditions of hometown banking, customer service and superior banking products in the communities we serve." - End - -----END PRIVACY-ENHANCED MESSAGE-----