-----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, EKh5j37dPP/QM2yG56CFKnr5j1dSQ+ewd7aqXKVvRk2MUuQFLKPHmfYDj9lvQuaR b4b3xtPOxM4brEWXIDcwYw== 0000950109-98-003352.txt : 19980520 0000950109-98-003352.hdr.sgml : 19980520 ACCESSION NUMBER: 0000950109-98-003352 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980518 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980519 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: FULTON FINANCIAL CORP CENTRAL INDEX KEY: 0000700564 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 232195389 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-10587 FILM NUMBER: 98627720 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 FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20459 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report: May 18, 1998 ----------------- Date of earliest event reported: April 30, 1998 ----------------- Commission File No. 0-10587 --------- FULTON FINANCIAL CORPORATION - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) PENNSYLVANIA 23-2195389 - -------------------------------------------------------------------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) One Penn Square, P.O. Box 4887 Lancaster, Pennsylvania 17604 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (717) 291-2411 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) 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 ("FFC") for the 30-day period following the acquisition of Keystone Heritage Group, Inc. and should be read in conjunction with the financial statements and footnotes to financial statements of FFC, included in Items 8 and 14 of FFC's Annual Report on Form 10-K for the fiscal year ended December 31, 1997, which are hereby incorporated by reference. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Financial Statements of FFC as of and for the three years ended December 31, 1997. (Incorporated by reference to Items 8 and 14 of FFC's Annual Report on Form 10-K for the fiscal year ended December 31, 1997). FULTON FINANCIAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) MONTH ENDED APRIL 30, 1998 - -------------------------------------------------------------------------------- (DOLLARS IN THOUSANDS, EXCEPT PER-SHARE DATA)
INTEREST INCOME - ------------------------------------------------------------------------------------------------------- Loans, including fees............................................................ $26,813 Investment securities: Taxable......................................................................... 4,310 Tax-exempt...................................................................... 272 Dividends....................................................................... 250 Federal funds sold............................................................... 301 Interest-bearing deposits with other banks....................................... 7 ------- Total Interest Income......................................................... 31,953 INTEREST EXPENSE - ------------------------------------------------------------------------------------------------------- Deposits......................................................................... 12,415 Short-term borrowings............................................................ 628 Long-term debt................................................................... 628 ------- Total Interest Expense......................................................... 13,671 ------- Net Interest Income............................................................ 18,282 PROVISION FOR LOAN LOSSES........................................................ 500 ------- Net Interest Income After Provision for Loan Losses............................ 17,782 ------- OTHER INCOME - ------------------------------------------------------------------------------------------------------- Investment management and trust services......................................... 1,193 Service charges on deposit accounts.............................................. 1,542 Other service charges and fees................................................... 1,034 Gain on sale of mortgage loans................................................... 299 Investment securities gains...................................................... 584 ------- 4,652 OTHER EXPENSES - ------------------------------------------------------------------------------------------------------- Salaries and employee benefits................................................... 6,466 Net occupancy expense............................................................ 1,043 Equipment expense................................................................ 783 FDIC assessment expense.......................................................... 59 Special services................................................................. 895 Other............................................................................ 3,386 ------- 12,632 ------- Income Before Income Taxes..................................................... 9,802 INCOME TAXES..................................................................... 3,073 ------- Net Income..................................................................... $ 6,729 ======= - ------------------------------------------------------------------------------------------------------- PER-SHARE DATA: Net income (basic)............................................................... $0.11 Net income (diluted)............................................................. $0.11 Cash dividends................................................................... $0.150 - -------------------------------------------------------------------------------------------------------
See notes to consolidated financial statements 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/ Rufus A. Fulton, Jr. ------------------------ Rufus A. Fulton, Jr. President and Chief Executive Officer Date: May 18, 1998 -----END PRIVACY-ENHANCED MESSAGE-----