-----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, QWpPBOFqp5brTP5GBAQ4phayZUzbronV54Dp9THcZGqBXCO8li21E2PKJ+4JFEA+ zfd5Z4rtFg4/NUqXVmwMRA== 0000914317-99-000710.txt : 19991202 0000914317-99-000710.hdr.sgml : 19991202 ACCESSION NUMBER: 0000914317-99-000710 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991201 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAST TEXAS FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0000929646 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 752559089 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24848 FILM NUMBER: 99767337 BUSINESS ADDRESS: STREET 1: 1200 S BECKHAM AVE CITY: TYLER STATE: TX ZIP: 75701 BUSINESS PHONE: 9035931767 MAIL ADDRESS: STREET 1: 1200 SOUTH BECKHAM AVE CITY: TYLER STATE: TX ZIP: 75701 8-K 1 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 (Date of earliest event reported) November 26, 1999 EAST TEXAS FINANCIAL SERVICES, INC. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 0-24848 75-2559089 - -------------------------------------------------------------------------------- (State or other (Commission File No.) (IRS Employer jurisdiction of Identification incorporation Number) 1200 South Beckham Avenue, Tyler, Texas 75701-3319 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (903) 593-1767 - -------------------------------------------------------------------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events - -------------------- On November 26, 1999, the Registrant issued for publication the press release attached as Exhibit "99" announcing the completion of a stock repurchase program. Item 7. Financial Statements and Exhibits - ----------------------------------------- The Exhibits referred to in Item 5 of this Report and listed on the accompanying Exhibit Index are filed as part of this Report and is incorporated herein by reference. 2
Exhibit Sequential Number Description Page No. - ------ ----------- -------- 99 Press release, published on November 26, 1999. 6
3 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. EAST TEXAS FINANCIAL SERVICES, INC. Date: November 26, 1999 By: /s/ Gerald W. Free ----------------------------------- Gerald W. Free Vice Chairman/President/CEO EX-99 2 EXHIBIT "99" EAST TEXAS FINANCIAL SERVICES, INC. - -------------------------------------------------------------------------------- 1200 South Beckham o P. O. Box 6910 o Tyler, TX 75711-6910 o 903-593-1767 o Fax 903-593-1094 NEWS RELEASE For verification, contact: Gerald W. Free, Vice Chairman/President/CEO Derrell W. Chapman, Vice President/COO/CFO Telephone: (903) 593-1767 Fax: (903) 593-1094 For immediate release, November 26, 1999 - ---------------------------------------------------------------------------- EAST TEXAS FINANCIAL SERVICES, INC. ANNOUNCES STOCK REPURCHASE Tyler, Texas, November 26, 1999, - - - East Texas Financial Services, Inc. (OTCBB: ETFS), announced today that it has completed the repurchase of approximately 10% of its outstanding shares from a group of stockholders led by William D. Vaughan. The shares were purchased at prevailing market prices. Gerald W. Free, President of the Company, indicated that the Board of Directors approved the repurchase in view of the current price level of the Company's common stock, the capital position of the Company's subsidiary, First Federal Savings and Loan Association of Tyler and the stockholder group's agreement not to acquire shares of the Company in the future or to take any hostile action against the Company. Mr. Free stated "With this action today we can focus on achieving the synergies and cost savings that make our pending merger with Gilmer so attractive. Our focus will continue to be on achieving the best possible results for our stockholders." - END - -----END PRIVACY-ENHANCED MESSAGE-----