-----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, C7jMp3cCQ4xIwdgobzNcZ9eQOt//X2tg+uPKuriEquyFFLmfI1F6LlMfcETYYvla 1CrmFixAl/JPLfZUpNrTJg== 0000318300-02-000030.txt : 20020415 0000318300-02-000030.hdr.sgml : 20020415 ACCESSION NUMBER: 0000318300-02-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020329 ITEM INFORMATION: Other events FILED AS OF DATE: 20020329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLES BANCORP INC CENTRAL INDEX KEY: 0000318300 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 310987416 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16772 FILM NUMBER: 02594019 BUSINESS ADDRESS: STREET 1: 138 PUTNAM ST STREET 2: P O BOX 738 CITY: MARIETTA STATE: OH ZIP: 45750-0738 BUSINESS PHONE: 7403733155 8-K 1 preearnings.txt 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 March 29, 2002 ------------------------------------------------- Date of Report (Date of earliest event reported) PEOPLES BANCORP INC. ------------------------------------ (Exact name of Registrant as specified in its charter) 0-16772 ------------------------------------ Commission File Number Ohio 31-0987416 - -------------------------------------- ----------------------------------- (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation) 138 Putnam Street PO Box 738 Marietta, Ohio 45750 - ------------------------------------------------------ ------------------ (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: (740) 373-3155 Not applicable - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Index to Exhibits on page 3 Item 1. Changes in Control of Registrant Not applicable. Item 2. Acquisition or Disposition of Assets Not applicable. Item 3. Bankruptcy or Receivership Not applicable. Item 4. Changes in Registrant's Certifying Accountant Not applicable. Item 5. Other Events On March 29, 2002, Peoples Bancorp Inc. announced it will report first quarter gains and increased operating earnings. The release is included herewith as Exhibit 99. Item 6. Resignations of Registrant's Directors Not applicable. Item 7. Financial Statements and Exhibits (a) Non required (b) Non required (c) Exhibits EXHIBIT NUMBER DESCRIPTION 99 News Release issued March 29, 2002 Item 8. Change in Fiscal Year Not applicable. Item 9. Regulation FD Disclosure Not applicable. . 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. DATE: March 29, 2002 PEOPLES BANCORP INC. -------------------- Registrant By: /s/ ROBERT E. EVANS ------------------------------------- Robert E. Evans President and Chief Executive Officer INDEX TO EXHIBITS Exhibit Number Description Page - -------------- ----------------------- ------ 99 News Release issued 4 EX-99 2 preearningsex99.txt EXHIBIT 99 NEWS RELEASE FOR IMMEDIATE RELEASE Contact: John W. Conlon, Chief Financial Officer - --------------------------- (740) 373-3155 March 29, 2001 PEOPLES BANCORP TO REPORT FIRST QUARTER GAINS; EXPECTS INCREASED OPERATING EARNINGS -------------------------------------------------------------------- MARIETTA, Ohio - Peoples Bancorp Inc. (Nasdaq: PEBO) announced it will report net pre-tax gains of approximately $700,000, or $0.06 per share after taxes, in the first quarter of 2002, due to the combined impact of sales of investment securities and Peoples' repurchase of $7 million of its trust preferred securities at a discount. The trust preferred repurchase is part of an overall strategy to reduce cost of funds in a lower interest rate environment. Peoples also expects recent operating earnings momentum to continue in the first quarter of 2002. Management anticipates operating results (which excludes the net gains described previously) to grow 10% to 15% over fourth quarter 2001 earnings per share of $0.49. "Net interest income growth and improved net interest margin, combined with other revenue generation through new products, have pushed top-line revenues to new levels," commented Jack Conlon, Chief Financial Officer. "Net interest margin is better than expected due primarily to downward repricing of deposits and borrowings, and our fee revenue growth has been ahead of earlier projections." In the first quarter of 2002, Peoples will also benefit from new accounting rules that reduce the amount of intangible amortization expense. Management expects earnings per share to increase 2 to 3 cents per share due to adoption of the new rules. "Our strong performance in the first quarter is a culmination of several strategies coming together," said Conlon. "Top-line revenue growth remains a primary goal, and we are already working on strategies to continue that momentum. We anticipate net interest margin to begin to compress later this year, which places more emphasis on our non-interest revenue strategies." Peoples will release corporate earnings for the quarter ended March 31, 2002, on Monday, April 22, at approximately 1:00 pm local time. A conference call to discuss first quarter results of operations is currently scheduled for April 24, at 3:00 pm, local time, with members of Peoples' executive management participating. Peoples is a diversified financial products and services company with $1.2 billion in assets, offering a complete line of banking, investment, insurance, and trust solutions through Peoples Bank's 40 sales offices and 26 ATM's in Ohio, West Virginia, and Kentucky. Peoples' common shares are traded on NASDAQ national market under the symbol "PEBO." Learn more about Peoples or enroll in Peoples OnLine Connection, Peoples' internet banking product, at www.peoplesbancorp.com. Safe Harbor Statement: The statements in this press release which are not historical fact are forward-looking statements that involve a number of risks and uncertainties, including, but not limited to, the interest rate environment, the effect of banking and tax regulations, the effect of economic conditions, the impact of competitive products and pricing, and other risks detailed in Peoples' SEC filings. Although management believes that the expectations in these forward-looking statements are based on reasonable assumptions within the bounds of management's knowledge of Peoples' business and operations, it is possible that actual results may differ materially from these statements. END OF RELEASE -----END PRIVACY-ENHANCED MESSAGE-----