-----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, Cy8F/sze9abztGZRIOw4AB4LvpY8MW5w8g7dNiIYYZnII9BmrFbPz9dA9YO3rPjv VSrBGE+7YrSPMe/GkbtsuQ== 0000898430-95-002511.txt : 19951202 0000898430-95-002511.hdr.sgml : 19951202 ACCESSION NUMBER: 0000898430-95-002511 CONFORMED SUBMISSION TYPE: 8-K CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950629 ITEM INFORMATION: Other events FILED AS OF DATE: 19951130 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BURLINGAME BANCORP CENTRAL INDEX KEY: 0000737269 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 942921417 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18440 FILM NUMBER: 00000000 BUSINESS ADDRESS: STREET 1: 350 PRIMROSE RD STE 400 CITY: BURLINGAME STATE: CA ZIP: 94010 BUSINESS PHONE: 4153482500 MAIL ADDRESS: STREET 2: 350 PRIMROSE ROAD CITY: BURLINGAME STATE: CA ZIP: 94010 8-K 1 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 Exchange Act of 1934 Date of Report: June 29, 1995 ------------- BURLINGAME BANCORP
California 0-18440 94-2921417 ---------- ------- ---------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File No.) Identification No.)
350 Primrose Road, Burlingame, California 94010 ----------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code: (415) 348-2500 -------------- ITEM 5. OTHER EVENTS. On June 22, 1995, the Federal Deposit Insurance Corporation (the "FDIC") terminated the order which had been entered with respect to Burlingame Bank & Trust Co. (the "Bank"), the wholly owned subsidiary of the Registrant, Burlingame Bancorp ("Bancorp"), in August 1992. The order has been replaced by a Memorandum of Understanding (the "MOU") with the FDIC and the California State Banking Department (the "CSBD"). In the Bank's view the new MOU is recognition that the Bank has complied with the requirements of the order and that its condition and operations have improved significantly. The current MOU with the FDIC and CSBD provides for the Bank to continue to maintain compliance with regulatory standards, to continue to take affirmative action to improve its condition and operations, including the reduction in classified assets and maintenance of adequate loan loss reserves, and to formulate and implement a profit and strategic plan. The boards of directors of Bancorp and the Bank are pleased with the lifting of the order by the FDIC and are confident of meeting all of the terms of the new MOU. However, compliance will be determined by the FDIC and the CSBD at the time of subsequent examinations. Bancorp and the Bank have already implemented many of the items covered by the MOU. The boards of directors do not anticipate that the items agreed upon with the regulators will interfere with the Bank's operations since they are consistent with the Bank's own plans and objectives. 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. Date: June 26, 1995 BURLINGAME BANCORP By: THEODORE H. KRUTTSCHNITT ------------------------ THEODORE H. KRUTTSCHNITT President and Chairman of the Board -----END PRIVACY-ENHANCED MESSAGE-----