0001005188-12-000002.txt : 20120111 0001005188-12-000002.hdr.sgml : 20120111 20120111164613 ACCESSION NUMBER: 0001005188-12-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120111 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120111 DATE AS OF CHANGE: 20120111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTH CENTRAL BANCSHARES INC CENTRAL INDEX KEY: 0001005188 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 421449849 STATE OF INCORPORATION: IA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27672 FILM NUMBER: 12522463 BUSINESS ADDRESS: STREET 1: 825 CENTRAL AVE STREET 2: C/O FIRST FED SAVINGS BANK OF FT DODGE CITY: FORT DODGE STATE: IA ZIP: 50501 BUSINESS PHONE: 5155767531 MAIL ADDRESS: STREET 1: 825 CENTRAL AVENUE CITY: FORT DODGE STATE: IA ZIP: 50501 8-K 1 form8-k.htm NORTH CENTRAL BANCSHARES, INC. 8-K 01.11.2012 form8-k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): January 11, 2012

NORTH CENTRAL BANCSHARES, INC.
(Exact name of registrant as specified in its charter)

Iowa
0-27672
42-1449849
 
(State of incorporation)
Commission File No.
(I.R.S. Employer Identification No.)
  

825 Central Avenue
Fort Dodge, Iowa 50501
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (515) 576-7531
 

 
Not applicable
(Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[ ] 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 240.13e-4(c))
 

 
 
 
 
Item 8.01 Other Events.
 
On January 11, 2012, North Central Bancshares, Inc. (the “Company”) announced that it completed the repurchase of the warrant to purchase the Company’s common stock that was issued to the U.S. Department of the Treasury (“Treasury”) by the Company in connection with the Company’s participation in the Treasury’s Troubled Asset Relief Program’s Capital Purchase Program.  A copy of the press release dated January 11, 2012 is furnished as Exhibit 99.1 to this Report and incorporated herein by reference.
 
Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.
 
(d) Exhibits.
 
99.1           Press release issued by the Company on January 11, 2012.
 

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.
 
 
 
NORTH CENTRAL BANCSHARES, INC.
 
 
 
 
 
 
Date: January 11, 2012
By:
/s/ David M. Bradley
  
 
 
David M. Bradley
 
 
Chairman, President and Chief Executive Officer


 
 

 EX-99.1 2 ex99-1.htm PRESS RELEASE ex99-1.htm
North Central Bancshares, Inc.
David M. Bradley
515-576-7531
January 11, 2012
 
 

NORTH CENTRAL BANCSHARES, INC. ANNOUNCES REPURCHASE OF WARRANT FROM U.S. TREASURY

Fort Dodge, Iowa – North Central Bancshares, Inc. (the “Company”) (NASDAQ: FFFD), the holding company for First Federal Savings Bank of Iowa (the “Bank”) announced today that, on January 11, 2012, it completed the repurchase of the warrant to purchase the Company’s common stock (“Warrant”) held by the U.S. Department of the Treasury (“Treasury”) as part of the Treasury’s Troubled Asset Relief Program’s Capital Purchase Program (“CPP”).  The Warrant entitled Treasury to purchase 99,157 shares of the Company’s common stock at an exercise price of $15.43 per share.  The Company paid $600,000 to the Treasury to repurchase the Warrant.  With this transaction complete, the Treasury no longer holds any investment in North Central Bancshares, Inc. under the CPP.

“With the prior redemption of the CPP Preferred Stock and now the repurchase of the Warrant that had been issued to Treasury under the CPP, we are very pleased to have fully repaid our obligation and conclude our participation in Treasury’s Capital Purchase Program,” said David M. Bradley, Chairman, President and Chief Executive Officer of the Company.

About the Company
North Central Bancshares, Inc. serves communities in north central and southeastern Iowa at 11 full service locations in Fort Dodge, Nevada, Ames, Perry, Ankeny, Clive, West Des Moines, Burlington and Mount Pleasant, Iowa through its wholly-owned subsidiary, First Federal Savings Bank of Iowa, which is also headquartered in Fort Dodge, Iowa.  The Bank’s deposits are insured by the Federal Deposit Insurance Corporation.  The Company’s stock is traded on The NASDAQ Global Market under the symbol “FFFD.”


For more information contact: David M. Bradley, Chairman, President, and Chief Executive Officer, 515-576-7531.