-----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, RZave8eTEnBH2cocmGBIrYyE7gXtpuS+T41j2LKklXAT17S4ucPuHSwGtQXijpmt 2iBwLZPl2+FmfSxThZxvUA== 0000914317-00-000124.txt : 20000221 0000914317-00-000124.hdr.sgml : 20000221 ACCESSION NUMBER: 0000914317-00-000124 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990930 FILED AS OF DATE: 20000218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IPSWICH BANCSHARES INC CENTRAL INDEX KEY: 0001089857 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 043459169 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-26663 FILM NUMBER: 549304 BUSINESS ADDRESS: STREET 1: 23 MARKET STREET CITY: IPSWICH STATE: MA ZIP: 01938 BUSINESS PHONE: 9783567777 MAIL ADDRESS: STREET 1: 23 MARKET STREET CITY: IPSWICH STATE: MA ZIP: 01938 10-Q/A 1 Form 10-Q/A Amendment No. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Quarterly Period Ended September 30, 1999. OR [ ] TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 0-26663 IPSWICH BANCSHARES, INC. ------------------------ (Exact name of Registrant as specified in its charter) Massachusetts 04-3459169 - -------------------------------------------------------------------------------- State or other jurisdiction of (I.R.S. Employer incorporation or organization Identification No.) 23 Market Street, Ipswich, Massachusetts 01938 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (978) 356-7777 -------------- (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirement for the past 90 days. Yes [ X ] No [ ] The number of shares outstanding of the Registrant's common stock as of November 5, 1999 is: - -------------------------------------------------------------------------------- Common stock, par value $.10 per share 2,525,427 (Class) (Outstanding) Part 1. Financial Information Item 1. Financial Statements The Company's Consolidated Statements of Changes in Stockholders' Equity for Nine Months Ended September 30, 1999 and 1998 is set forth below in its entirety. The Statements of Changes in Stockholders' Equity filed with the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 1999 inadvertently omitted a line of type.
IPSWICH BANCSHARES, INC. AND SUBSIDIARIES Consolidated Statements of Changes in Stockholders' Equity Nine Months Ended September 30, 1999 and 1998 (Dollars in thousands, except for share data) (unaudited) Accumulated Additional other Total Shares Common paid-in Retained comprehensive stockholders' outstanding stock capital earnings income equity ----------- ----- ------- -------- ------ ------ Balance at December 31, 1997 2,385,076 239 1,969 9,559 66 11,833 Comprehensive income: Net income 0 0 0 2,017 0 2,017 Change in net unrealized gain/ (loss) on investment securities available for sale 0 0 0 0 140 140 --------- --------- --------- --------- --------- --------- Total comprehensive income 0 0 0 2,017 140 2,157 Cash dividends ($.12 per share) 0 0 0 (286) 0 (286) Stock options exercised 7,210 0 18 0 0 18 Issuance of stock rights 0 0 16 0 0 16 --------- --------- --------- --------- --------- --------- Balance at September 30, 1998 2,392,286 239 2,003 11,290 206 13,738 Comprehensive income: Net income 0 0 0 621 0 621 Change in net unrealized gain/ (loss) on investment securities available for sale 0 0 0 0 (21) (21) --------- --------- --------- --------- --------- --------- Total comprehensive income 0 0 0 621 (21) 600 Cash dividends ($.05 per share) 0 0 0 (121) 0 (121) Stock options exercised 0 0 0 0 0 0 Issuance of stock rights 0 0 6 0 0 6 --------- --------- --------- --------- --------- --------- Balance at December 31, 1998 2,392,286 239 2,009 11,790 185 14,223 Comprehensive income: Net income 0 0 0 2,381 0 2,381 Change in net unrealized gain/ (loss) on investment securities available for sale 0 0 0 0 (51) (51) --------- --------- --------- --------- --------- --------- Total comprehensive income 0 0 0 2,381 (51) 2,330 Cash dividends ($.15 per share) 0 0 0 (373) 0 (373) Stock options exercised 133,141 14 227 0 0 241 Issuance of stock rights 0 0 18 0 0 18 --------- --------- --------- --------- --------- --------- Balance September 30, 1999 2,525,427 253 2,254 13,798 134 16,439 ========= ========= ========= ========= ========= =========
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. IPSWICH BANCSHARES, INC. By: Date: February 17, 2000 ----------------- David L. Grey President and Chief Executive Officer By: Date: February 17, 2000 ----------------- Francis Kenney Treasurer (Principal Financial Officer and Principal Accounting Officer) 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. IPSWICH BANCSHARES, INC. By: /s/ David L. Grey Date: February 17, 2000 ----------------- David L. Grey President and Chief Executive Officer By: /s/Francis Kenney Date: February 17, 2000 ----------------- Francis Kenney Treasurer (Principal Financial Officer and Principal Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----