-----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, Qjk/hnQpNy4okXMN5WeYBsi7XwblsFMU6JNoD336E0eHj52oWE19jkGDFZXA8Dpo iiY5THbvaYyx2Jz3Qf+SmQ== 0000950144-99-014248.txt : 19991223 0000950144-99-014248.hdr.sgml : 19991223 ACCESSION NUMBER: 0000950144-99-014248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991214 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: M&F BANCORP INC /NC/ CENTRAL INDEX KEY: 0001094738 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 561980549 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27307 FILM NUMBER: 99779236 BUSINESS ADDRESS: STREET 1: 116 WEST PARRSH STREET STREET 2: P O BOX 1932 CITY: DURHAM STATE: NC ZIP: 27701-3321 BUSINESS PHONE: 9196831521 MAIL ADDRESS: STREET 1: 116 WEST PARRISH STREET STREET 2: P O BOX 1932 CITY: DURHAM STATE: NC ZIP: 27701-3321 8-K 1 M & F BANCORP, INC. 1 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 (Date of earliest event reported) December 14, 1999 ------------------ M&F BANCORP, INC. -------------------------------------------------------- (Exact name of registrant as specified in its charter) North Carolina 0-27307 56-1980549 - -------------------------------- -------------- ----------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification number) 2634 Chapel Hill Blvd., P.O. Box 1932, Durham, North Carolina 27702 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 919/683-1521 -------------- ITEM 5. OTHER EVENTS. On December 14, 1999, M&F Bancorp, Inc. announced that its Board of Directors had authorized a 3-for-2 stock split of the Company's outstanding shares to be accounted for as a 50% stock dividend. The news release regarding this event is attached to this filing. ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements - not applicable (b) Pro forma financial information - not applicable (c) Exhibit: 99. News Release issued by M&F Bancorp, Inc., dated December 14, 1999 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 22, 1999 M&F BANCORP, INC. By: /s/ Julia W. Taylor ------------------------------ Julia W. Taylor Chairman, President and CEO EX-99 2 NEWS RELEASE DATED 12/14/99 1 EXHIBIT 99 NEWS RELEASE M&F Bancorp, Inc. Announces 3-for-2 Stock Split DURHAM, N.C., December 14, 1999 - M&F Bancorp, Inc. (OTC BB:MFBP.OB) today announced that its Board of Directors has approved a 3-for-2 stock split of the Company's outstanding shares of Common Stock. The stock split will be effected in the form of stock dividend and will entitle each stockholder of record at the close of business on December 14, 1999 to receive one additional share of the Company's Common Stock for every two outstanding shares of Common Stock held by each shareholder on the record date. The stock dividends resulting from the split are expected to be distributed by the transfer agent on January 19, 2000. M&F Bancorp, Inc. expects that its Common Stock will be trading on a split-adjusted basis on January 20, 2000. M&F Bancorp, Inc. with assets of approximately $150 million, is the parent of Mechanics & Farmers Bank of Durham, North Carolina. The Corporation's Common Stock trades on the over-the-counter Bulletin Board under the symbol MFBP.OB. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including regulatory approvals, completion of the due diligence process, success of acquiring new locations and integrating newly acquired branches, additional expansion opportunities, the effect of changing economic conditions, product demand, changes in the regulatory environment, and other risk factors detailed in M&F Bancorp's Securities and Exchange Commission filings. -----END PRIVACY-ENHANCED MESSAGE-----