EX-99.6 8 ex996nec031507.htm EX-99.6 NEC 03/15/07 TRANSACTIONS OVER LAST TWO YEARS Ex-99.6 NEC 03/15/07 Transactions Over Last Two Years
                                                                                        
Exhibit 99.6
 

 
 
Transactions Over the Last Two Years
 
             
Cost Saves (Estimates)
     
 
 
 
Company Name
 
 
Ticker
 
 
Proxy Date
 
Date Splits Completed
 
Assets ($000s)
 
 
Splits
Annual Recurring - Personnel
Annual Recurring - Other
 
Non-Recurring
 
Total Shares(Prior to Splits)
Shares Eliminated (Estimates)
 
 
Reason
1
Home Loan Financial Corporation
HLFN
7/13/2005
8/26/2005
160,342
1 for 600/ 600 for 1
65,000
200,000
34,200
1,699,913
84,538
Going Private
2
Home City Financial Corporation
HCFC
8/28/2006
11/1/2006*
148,159
1 for 210/ 210 for 1
30,000
96,300
125,000
835,690
14,778
Going Private
3
Community Investors Bancorp
CIBI
7/15/2005
9/22/2005
122,762
1 for 300/ 300 for 1
50,000
150,000
110,000
1,054,717
40,152
Going Private
4
FFD Financial Corporation
FFDF
8/2/2005
Aborted**
139,705
1 for 350/ 350 for 1
40,000
133,000
125,000
1,189,977
78,000
Going Private
5
ABS Financial
ASBP
5/4/2005
7/11/2005
172,961
1 for 300/ 300 for 1
20,000
178,000
145,000
1,705,047
86,333
Going Private
6
Northeast Indiana Bancorp
NIDB
4/18/2005
6/16/2005
228,672
1 for 125/ 125 for 1
43,500
134,250
100,000
1,417,279
17,656
Going Private
7
Central Federal Corporation
CFBK
1/12/2005
Aborted***
107,011
1 for 325/ 325 for 1
103,000
177,000
Indeterminable
2,225,987
89,323
Going Private
8
KS Bancorp Inc.
KSBI
1/18/2005
3/18/2005
223,208
1 for 200/ 250 for 1
100,000
152,500
Indeterminable
1,197,029
59,085
Going Private
9
County Bank Corp.
CNBC
12/2/2005
3/1/2006
256,972
1 for 500/ 500 for 1
13,400
47,600
75,000
1,118,315
51,476
Going Private
10
South Street Financial Corp.
SSFC
2/2/2007
Pending
268,848
Less than 750: Convert to Series A Preferred on 1:1 basis or receive cash
129,000
156,000
Indeterminable
2,954,696
76,864
Going Private
                         
                         
 
* Held two shareholder meetings as a result of a large number of individuals purchasing less than 210 shares in order to cash out and receive the redemption price.
 
** Aborted due to a large number of shareholders buying less than 350 shares to obtain the redemption price.
 
*** The Board recognized arbitrage activity and reserved the right to abandon the transaction if costs were to exceed $2 million.