8-K

UNITED STATES

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): October 20, 2014

EUREKA FINANCIAL CORP.

(Exact Name of Registrant as Specified in Its Charter)

Maryland (State or other jurisdiction of incorporation or organization) 000-54238 (Commission File Number) 27-3671639 (IRS Employer Identification No.)

3455 Forbes Avenue, Pittsburgh, Pennsylvania 15213

(Address of principal executive offices) (Zip Code)

(412) 681-8400

(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 filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]           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 2.02                     Results of Operations and Financial Condition.

On October 20, 2014, Eureka Financial Corp. (the “Company”) issued a press release announcing its financial results for the quarter and year ended September 30, 2014.  A copy of the Company’s press release is attached as Exhibit 99.1 and is furnished herewith.

Item 8.01                      Other Events.

On October 21, 2014, the Company issued a press release announcing that its Board of Directors has approved a special cash dividend of $0.10 per share. The special cash dividend will be paid, on or about November 30, 2014, to stockholders of record as of November 15, 2014.  A copy of the Company’s press release is attached as Exhibit 99.2 and is incorporated herein by reference.

Item 9.01                      Financial Statements and Exhibits.

(d)           Exhibits

Number                            Description

99.1                                Press Release dated October 20, 2014

99.2                                Press Release dated October 21, 2014

SIGNATURE

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.

	EUREKA FINANCIAL CORP.
Date:  October 22, 2014	By:	/s/ Gary B. Pepper
		Gary B. Pepper
		Executive Vice President and Chief Financial Officer

EX-99.1

Contact:   Edward F. Seserko

       President and CEO

       (412) 681-8400

                  For Immediate Release

                  October 20, 2014

EUREKA FINANCIAL CORP. ANNOUNCES FINANCIAL RESULTS

FOR THE QUARTER AND YEAR ENDED SEPTEMBER 30, 2014

Pittsburgh, Pennsylvania – Eureka Financial Corp., Pittsburgh, Pennsylvania (the “Company”), the parent company for Eureka Bank (the “Bank”), today announced net income for the three months ended September 30, 2014 of $415,000, or $0.35 diluted earnings per share, as compared to $371,000, or $0.31 diluted earnings per share, for the three months ended September 30, 2013.  For the year ended September 30, 2014, the Company reported net income of $1.5 million, or $1.28 diluted earnings per share, as compared to net income of $1.4 million, or $1.14 diluted earnings per share, for the fiscal year ended September 30, 2013.  The increase in income for the quarter and year ended September 30, 2014 was primarily due to higher net interest income, which was partially offset by increases in non-interest expense.

President and Chief Executive Officer Edward Seserko stated, “The Company is pleased to report that fiscal 2014 was another very strong year despite the difficult economic environment.  The Company continued to manage liquidity and used a $10.4 million increase in deposit growth to increase cash and investments and fund the loan portfolio, which increased by $6.7 million to $128.1 million from $121.4 million at September 30, 2013. This reallocation of funds helped the Company maintain an annualized yield on interest earning assets of 4.85% and a net interest margin of 4.15% for the year ended September 30, 2014.  The Bank continues to exceed all minimum capital requirements and is considered “well capitalized.”  Also, non-accruing loans, or loans over 90 days delinquent, consisted of only two loans totaling $848,000 at September 30, 2014 on a loan portfolio in excess of $128 million.”

The Bank, founded in 1886, is a federally chartered stock savings bank and operates two offices in the city of Pittsburgh.  The Company’s common stock trades in the over-the-counter market under the symbol “EKFC.”

The foregoing material may contain forward-looking statements concerning the financial condition, results of operations and business of the Company.  We caution that such statements are subject to a number of uncertainties and actual results could differ materially and, therefore, readers should not place undue reliance on any forward-looking statements.  The Company does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

EUREKA FINANCIAL CORPORATION

Selected Financial Data

(Dollars in thousands except per share data)

		September 30,			September 30,
		2014			2013
		(Unaudited)
Total assets	$	152,059		$	141,399
Cash and investments		21,124			16,495
Loans receivable, net		128,111			121,446
Allowance for loan losses		(1,361	)		(1,299	)
Deposits		127,861			117,457
Total liabilities		129,365			119,413
Stockholders' equity		22,694			21,986
Nonaccrual loans	$	848		$	424
Repossessed assets		-			-
Total nonperforming assets	$	848		$	424
Allowance for loan losses to nonperforming loans		160.50	%		306.37	%
Nonperforming loans to net loans		0.66	%		0.35	%
Nonperforming assets to total assets		0.56	%		0.30	%
Book value per share	$	18.69		$	17.51
Number of common shares outstanding		1,213,986			1,255,819

	Three Months Ended				Twelve Months Ended
	September 30,				September 30,
	2014		2013		2014		2013
	(Unaudited)				(Unaudited)
Interest income	$	1,743	$	1,684	$	6,813	$	6,755
Interest expense		206		268		869		1,148
Net interest income		1,537		1,416		5,944		5,607
Provision for loan losses		12		35		62		157
Net interest income after   provision for loan losses		1,525		1,381		5,882		5,450
Noninterest income		14		59		101		138
Noninterest expense		923		869		3,653		3,446
Income before income taxes		616		571		2,330		2,142
Income tax expense		201		200		801		749
Net income	$	415	$	371	$	1,529	$	1,393
Earnings Per Share - Basic	$	0.36	$	0.31	$	1.29	$	1.14
Earnings Per Share - Diluted	$	0.35	$	0.31	$	1.28	$	1.14

EX-99.2

Contact:  Gary B. Pepper

                 Chief Financial Officer

                 (412) 681-8400

                  For Immediate Release

                  October 21, 2014

EUREKA FINANCIAL CORP. ANNOUNCES

SPECIAL CASH DIVIDEND

 Pittsburgh, Pennsylvania – October 21, 2014 – Edward F. Seserko, President of Eureka Financial Corp. (the “Corporation”), Pittsburgh, Pennsylvania, announced today that the Corporation’s Board of Directors approved a special cash dividend of $0.10 per share.  The special cash dividend will be paid, on or about November 30, 2014, to stockholders of record as of November 15, 2014.

            Eureka Bank, founded in 1886, is a federally chartered stock savings bank and operates two offices.  Eureka Financial Corp’s common stock is traded on the OTC (Over the Counter Market) under the symbol “EKFC.”

 The foregoing material may contain forward-looking statements concerning the financial condition, results of operations and business of the Company.  We caution that such statements are subject to a number of uncertainties and actual results could differ materially and, therefore, readers should not place undue reliance on any forward-looking statements.  The Company does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.