-----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, DJSkhAcsC6j6iscVNMtP7LbTdRfS/k5qVl454bEcotXWL993rNNSYptBL+S2Hp6y GqL+V9YYZjeKb/2ibaRb0g== 0000946275-98-000170.txt : 19980323 0000946275-98-000170.hdr.sgml : 19980323 ACCESSION NUMBER: 0000946275-98-000170 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980310 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980320 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: MISSISSIPPI VIEW HOLDING CO CENTRAL INDEX KEY: 0000933404 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 411795363 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25546 FILM NUMBER: 98569860 BUSINESS ADDRESS: STREET 1: 35 E BROADWAY CITY: LITTLE FALLS STATE: MN ZIP: 56345 BUSINESS PHONE: 6126325461 MAIL ADDRESS: STREET 1: 35 EAST BROADWAY CITY: LITTLE FALLS STATE: MN ZIP: 56345-3093 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 (Date of earliest event reported) March 10, 1998 MISSISSIPPI VIEW HOLDING COMPANY - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Minnesota 0-25546 41-1795363 - ---------------------------- -------------- -------------- (State or other jurisdiction (SEC File No.) (IRS Employer of incorporation) Identification Number) 35 East Broadway, Minnesota 56345 - ---------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (612) 632-5461 -------------- Not Applicable - -------------------------------------------------------------------------------- (Former name or former address, if changed since last Report) MISSISSIPPI VIEW HOLDING COMPANY INFORMATION TO BE INCLUDED IN REPORT ------------------------------------ Item 5. Other Events ------------ The Registrant announced that it had received notice from the Nasdaq Stock Market that the Registrant's common stock would no longer be listed on the Nasdaq SmallCap Market because it failed to meet the minimum number of public float shares (500,000). For further details, reference is made to the Press Release dated March 10, 1998, which is attached hereto as Exhibit 99 and incorporated herein by this reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits ----------------------------------------- (c) Exhibits: 99 Press Release dated March 10, 1998. 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. MISSISSIPPI VIEW HOLDING COMPANY Date: March 16, 1998 By: /s/Thomas J. Leiferman --------------- -------------------------------------- Thomas J. Leiferman President and Chief Executive Officer EX-99 2 EXHIBIT 99 EXHIBIT 99 EXHIBIT 99 PRESS RELEASE March 10, 1998 Thomas J. Leiferman Contact: Thomas J. Leiferman Little Falls, MN 56345 President/Chief Executive Officer (320) 632-5461 Mississippi View Holding Company Announces Termination of Listing on Nasdaq SmallCap Market Little Falls, Minnesota -- March 10, 1998 -- Mississippi View Holding Company (Nasdaq: "MIVI"), the parent holding company of Community Federal Savings and Loan Association of Little Falls (the "Association"), announced that the Corporation has been notified by the Nasdaq Stock Market that, effective the close of business on March 16, 1998, its common stock will no longer be listed on the Nasdaq SmallCap Market. Thomas J. Leiferman, President of the Corporation, noted that "The Board consulted with its advisors as to the pros and cons of maintaining its Nasdaq listing, including the potential actions needed to maintain its listing (such as a stock split). The Board reviewed options and factors such as the limited trading market for Corporation's stock (an average daily volume during calendar 1997 of 1,109 shares per day with almost one half of such volume being repurchases by the Corporation) and the annual cost to remain listed on the Nasdaq SmallCap Market (current annual fee of $4,000). The Board concluded that many community banking institutions are listed on the OTC Bulletin Board due to the limited trading in their stock and that moving to the OTC Bulletin Board is in the best interests of stockholders. The Corporation expects brokers to continue to make a market in the common stock on the OTC Bulletin Board." Mr. Leiferman further noted that the Corporation expects, to the extent feasible and permissible under law, to continue to be a purchaser of its own stock. The Corporation is a unitary savings and loan holding company. The principal business of the Association is attracting deposits from the general public and investing such deposits, together with other sources of funds, in investment securities and loans secured primarily by residential real estate located in Morrison County, Minnesota. To a lesser extent, the Association also makes consumer loans. The Corporation and the Association operate from an office located at 35 East Broadway, Little Falls, Minnesota. At December 31, 1997, the Corporation had total consolidated assets and stockholders' equity of approximately $68.6 million and $12.5 million, respectively. -----END PRIVACY-ENHANCED MESSAGE-----