-----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, OM3dOk39fBMHVXgeon/07jgJuGpntOd8ZucPjROKxje5YyF/P9KEQ0IoiSrBMAft rKQZZVNsZmFn8pQiY7FlYg== 0000909012-98-000002.txt : 19980112 0000909012-98-000002.hdr.sgml : 19980112 ACCESSION NUMBER: 0000909012-98-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971222 ITEM INFORMATION: FILED AS OF DATE: 19980109 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROFESSIONAL BANCORP INC CENTRAL INDEX KEY: 0000700914 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 953701137 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10937 FILM NUMBER: 98503983 BUSINESS ADDRESS: STREET 1: 606 BROADWAY CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: 3104581521 MAIL ADDRESS: STREET 2: 606 BROADWAY CITY: SANTA MONICA STATE: CA ZIP: 90401 FORMER COMPANY: FORMER CONFORMED NAME: PROFESSIONAL BANCORP /CA/ DATE OF NAME CHANGE: 19890904 8-K 1 PROFESSIONAL BANCORP FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------------------------------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES ACT OF 1934 PROFESSIONAL BANCORP, INC. -------------------------- (Exact Name of Registrant as Specified in its Charter PENNSYLVANIA 0-11223 95-3701137 ------------ ------- ---------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 606 BROADWAY, SANTA MONICA, CA 90401 ------------------------------ ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 310-458-1521 ------------ - 1 - ITEM 5. OTHER EVENTS Professional Bancorp, Inc. ("Bancorp") and its wholly-owned subsidiary, First Professional Bank, N.A. (the "Bank"), have entered into a Settlement Agreement and Release with St. Paul Mercury Insurance Company ("St. Paul"), their Directors and Officers Liability insurance carrier. St. Paul paid Bancorp and the Bank the total amount of $600,000 on December 22, 1997 in settlement of Bancorp's and the Bank's claim for reimbursement of certain non-recurring expenses in connection with the 1996 proxy contest and related litigation. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PROFESSIONAL BANCORP, INC. Dated: January 9, 1998 By: /s/ MELISSA LANFRE, Chief Financial Officer ------------------------------------------- MELISSA LANFRE, Chief Financial Officer - 2 - -----END PRIVACY-ENHANCED MESSAGE-----