-----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, KsBHq6YeHzg4P2Kkrq99+DXhCKuOziME7ERbG0Dg3aGfHHk+nxWtePjf6JX1hHf4 hzZYZxUbYj6h8Xrf4NkrAw== 0000905729-96-000093.txt : 19960716 0000905729-96-000093.hdr.sgml : 19960716 ACCESSION NUMBER: 0000905729-96-000093 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960630 ITEM INFORMATION: Other events FILED AS OF DATE: 19960715 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHEMICAL FINANCIAL CORP CENTRAL INDEX KEY: 0000019612 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 382022454 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08185 FILM NUMBER: 96594673 BUSINESS ADDRESS: STREET 1: 333 E MAIN ST CITY: MIDLAND STATE: MI ZIP: 48640 BUSINESS PHONE: 5176313310 8-K 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): June 30, 1996 CHEMICAL FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) MICHIGAN (State or Other Jurisdiction of Incorporation) 0-8185 38-2022454 (Commission (IRS Employer File Number) Identification No.) 333 E. MAIN STREET MIDLAND, MICHIGAN 48640 (Address of Principal Executive Offices) (Zip Code) (517) 839-5350 (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS. Unaudited Results of Operations for One Month Ended June 30, 1996. To provide a period that Chemical Financial Corporation can use to demonstrate that the risk sharing requirements for pooling-of-interests accounting treatment (as required by the Securities and Exchange Commission's Codification of Financial Reporting Policies, Section 201.01) are satisfied, stated below are the combined condensed unaudited results of operations of Chemical Financial Corporation for the one (1) month ended June 30, 1996, which covers at least thirty (30) days of post merger operations after the merger of State Savings Bancorp, Inc. with and into Chemical Financial Corporation.
ONE MONTH ENDED (In thousands, except per share information) JUNE 30, 1996 INTEREST INCOME: Interest and fees on loans $5,578 Interest on investment securities 3,384 Interest on federal funds sold 355 Total interest income 9,317 INTEREST EXPENSE: Interest on deposits 3,626 Interest on short-term borrowings 81 Interest on long-term debt 54 Total interest expense 3,761 NET INTEREST INCOME 5,556 Provision for possible loan losses 85 NET INTEREST INCOME AFTER PROVISION FOR POSSIBLE LOAN LOSSES 5,471 OTHER INCOME 996 OPERATING EXPENSES 3,928 INCOME BEFORE INCOME TAXES 2,539 Income taxes 837 NET INCOME $1,702 NET INCOME PER COMMON SHARE: Primary $ .17 Fully Diluted $ .17
-2- NOTE: The above operating results for the one month period ended June 30, 1996 are not necessarily indicative of the results that may be expected for the year ending December 31, 1996. -3- 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. CHEMICAL FINANCIAL CORPORATION Dated: July 15, 1996 By: /S/ LORI A. GWIZDALA Lori A. Gwizdala Chief Financial Officer (Principal Financial Officer) -4- -----END PRIVACY-ENHANCED MESSAGE-----