-----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, MSBwkBkxB7qUkY52FnvFwq62uEmktNiTFuoqv4d/DoYxsPaK3hC96mR8jkEV8QBK 0AzKDiWNctCKVFoPYxfjwA== 0001000301-98-000039.txt : 19981202 0001000301-98-000039.hdr.sgml : 19981202 ACCESSION NUMBER: 0001000301-98-000039 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981201 ITEM INFORMATION: FILED AS OF DATE: 19981201 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: 98761817 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 AMBANC ANNOUNCES INCREASED CASH DIVIDEND 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 December 1, 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 24, 1998, the Registrant issued the press release attached hereto as Exhibit 99 announcing Ambanc's Increased Cash Dividend. 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: December 1, 1998 By:/s/John M. Lisicki --------------------------- --------------------------------- John M. Lisicki President & Chief Executive Officer Exhibit Number Description - ------- --------------------------------------------------- 99 Press release dated November 24, 1998 EX-99 2 AMBANC ANNOUNCES INCREASED CASH DIVIDEND FOR IMMEDIATE RELEASE Contact: John M. Lisicki, President and CEO Tel: (518)842-7200 Fax: (518)842-7500 Ambanc Holding Co., Inc. Announces Increased Cash Dividend Amsterdam, N.Y., November 24, 1998 - John M. Lisicki, President and Chief Executive Officer of Ambanc Holding Co., Inc. (Nasdaq National Market: AHCI), the parent holding company of Mohawk Community Bank, today announced that the Company's board of directors has declared a $.07 per share cash dividend payable on December 15, 1998, to stockholders of record as of the close of business on December 1, 1998. This represents an increase of $.01 per share as compared to $.06 per share paid on September 15, 1998 to shareholders of record as of September 1, 1998. Ambanc Holding Co., Inc. is a unitary savings and loan holding company. The company's primary subsidiary, Mohawk Community Bank, was created on November 16, 1998 as the result of the merger between Amsterdam Savings Bank, a subsidiary of Ambanc Holding Co., Inc, and Amsterdam Federal Bank, a subsidiary of AFSALA Bancorp, Inc., (NASDAQ: AFED). On October 27, 1998, the Office of Thrift Supervision (OTS) approved the merger between Ambanc and AFSALA, along with their subsidiaries. The shareholders of Ambanc and AFSALA approved the merger in September of 1998. Upon consummation of the merger, each outstanding share of AFSALA common stock was converted into 1.07 shares of Ambanc common stock. Mohawk Community Bank, with total assets of approximately $700 million and total deposits of approximately $460 million, conducts its business through 18 upstate New York Offices, located in Montgomery, Fulton, Schenectady, Saratoga, Albany, Otsego and Chenango counties, New York. The Bank's deposits are insured up to the legal amount by the Federal Deposit Insurance Corporation (FDIC). The Company's common stock is traded on the NASDAQ Stock Market/National Market System under the symbol "AHCI". - END - -----END PRIVACY-ENHANCED MESSAGE-----