-----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, SqslRRFhh9hFcyHi2HHdl7nNEy2SlqlOr21JLsd12I9f1NZgXlTAQujji3egxL1L 7sNduYPZbO39v1djfxdMtw== 0000950109-95-004203.txt : 19951019 0000950109-95-004203.hdr.sgml : 19951019 ACCESSION NUMBER: 0000950109-95-004203 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951017 ITEM INFORMATION: Other events FILED AS OF DATE: 19951018 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: FULTON FINANCIAL CORP CENTRAL INDEX KEY: 0000700564 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232195389 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10587 FILM NUMBER: 95581492 BUSINESS ADDRESS: STREET 1: ONE PENN SQ STREET 2: PO BOX 4887 CITY: LANCASTER STATE: PA ZIP: 17604 BUSINESS PHONE: 7172912411 MAIL ADDRESS: STREET 1: ONE PENN SQ STREET 2: PO BOX 4887 CITY: LANCASTER STATE: PA ZIP: 17604 8-K 1 FULTON FINANCIAL CORPORATION 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 - October 17, 1995 FULTON FINANCIAL CORPORATION - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Pennsylvania 0-10587 23-2195389 - ------------------------- ----------------- ------------------- (State or other jurisdic- (Commission (IRS Employer tion of incorporation) File Number) Identification No.) One Penn Square, P.O. Box 4887, Lancaster, Pennsylvania 17604 ------------------------------------------------------- ----------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 717-291-2411 ------------ Item 5. Other Events. ------------ The attached unaudited financial information is filed pursuant to the requirements of Securities and Exchange Commission Accounting Series Release No. 130. This information reflects the results of operations of Fulton Financial Corporation for the 30 day period following the acquisition of Delaware National Bankshares, Inc. and should be read in conjunction with the financial statements set forth in the Quarterly Report on Form 10-Q filed by Fulton Financial Corporation for the quarter ended June 30, 1995. FULTON FINANCIAL CORPORATION AND SUBSIDIARIES Consolidated Statements of Income (Unaudited) Month ended September 30, 1995 (Dollars in thousands, except per-share data)
INTEREST INCOME Loans, including fees..................................................... $ 16,561 Investment securities: Taxable............................................................... 2,791 Tax-exempt............................................................ 335 Dividends............................................................. 186 Federal funds sold........................................................ 25 Interest-bearing deposits with other banks................................ 25 ----------- Total Interest Income.......................................... 19,923 - --------------------------------------------------------------------------------------- INTEREST EXPENSE Deposits.................................................................. 7,954 Short-term borrowings..................................................... 499 Long-term debt............................................................ 195 ----------- Total Interest Expense......................................... 8,648 ----------- Net Interest Income............................................ 11,275 - --------------------------------------------------------------------------------------- PROVISION FOR LOAN LOSSES................................................. 204 ----------- Net Interest Income After Provision For Loan Losses............ 11,071 - --------------------------------------------------------------------------------------- OTHER INCOME Trust department.......................................................... 607 Service charges on deposit accounts....................................... 806 Other service charges and fees............................................ 751 Gain on sale of mortgage loans............................................ 56 Investment securities gains............................................... - ----------- 2,220 - --------------------------------------------------------------------------------------- OTHER EXPENSES Salaries and employee benefits............................................ 4,322 Net occupancy expense..................................................... 810 Equipment expense......................................................... 459 FDIC assessment refund (Note A)........................................... (889) Special services.......................................................... 432 Other..................................................................... 2,363 ----------- 7,497 ----------- Income Before Income Taxes..................................... 5,794 Income taxes.............................................................. 1,510 ----------- Net Income..................................................... $ 4,284 =========== - --------------------------------------------------------------------------------------- PER-SHARE DATA Net income................................................................ $ .15 Weighted average shares outstanding....................................... 28,373,588
Note A - In September, 1995, the Corporation received $1,327 from the FDIC, representing a refund of FDIC insurance premiums paid related to the period June 1, 1995 through September 30, 1995. SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, Fulton Financial Corporation has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. FULTON FINANCIAL CORPORATION By: /s/ Charles J. Nugent ------------------------- Charles J. Nugent, Executive Vice President and Chief Financial Officer Date: October 17, 1995 -----END PRIVACY-ENHANCED MESSAGE-----