8-K 1 form8k_092507.txt FORM 8K 092507 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): September 25, 2007 Seneca-Cayuga Bancorp, Inc. (Exact name of registrant as specified in its charter) United States of America 000-52111 16-1601243 ----------------------------- ---------- --------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File No.) Identification No.) 19 Cayuga Street, Seneca Falls, NY 13148 ---------------------------------------- (Address of Principal Executive Offices) (315) 568-5855 -------------- (Registrant's telephone number, including area code) Not Applicable -------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provision (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 (12 CFR 240.13e-4(c)) Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers The Boards of Directors of Seneca-Cayuga Bancorp, Inc. (the "Company") and the Company's wholly-owned subsidiary Seneca Falls Savings Bank (the "Bank") announced today that it has adopted a management succession plan. President, Robert E. Kernan, Jr., will retire from that role as of January 1, 2008. Menzo D. Case, current Executive Vice President and Chief Financial Officer of the Company and the Bank, has been named as Mr. Kernan's replacement. Mr. Kernan will also retire from his role as Chief Executive Officer of the Company and the Bank on July 1, 2008, and Mr. Case will also assume that role at that time. Mr. Kernan will continue in his role as Chairman of the Board for both the Company and the Bank. Mr. Case was named Executive Vice President and Chief Financial Officer in 2002 and was originally hired as the Bank's Treasurer and Chief Financial Officer in 1999. Prior to joining the bank, Mr. Case served as the Executive Vice President and Chief Financial Officer of Adirondack Financial Services Bancorp, Inc., a savings and loan holding company located in Gloversville, New York. A press release related to this announcement is attached as exhibit 99.1. Item 9.01 - Financial Statements and Exhibits (a) Financial statements of businesses acquired. None. (b) Pro forma financial information. None. (c) Shell company transactions. None. (d) Exhibits. Exhibit No. Description ------------ ---------------------------------------------- 99.1 Press Release dated September 25, 2007 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. Seneca-Cayuga Bancorp, Inc. Date: September 25, 2007 /s/ Menzo D. Case ---------------------------------------- Menzo D. Case Executive Vice President and Chief Financial Officer Exhibit 99.1