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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 18, 1998
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1st BERGEN BANCORP
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(Exact name of registrant as specified in its charter)
NEW JERSEY 0-27686 22-3409845
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
250 VALLEY BOULEVARD, WOOD-RIDGE, NEW JERSEY 07075
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (201) 939-3400
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Item 5. Other.
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The Registrant issued a press release on November 18, 1998, announcing that
its Board of Directors declared a quarterly dividend on its common stock of
seven cents ($0.07) per common share. The dividend will be payable on December
31, 1998, to shareholders of record at the close of business on December 14,
1998.
Item 7. Exhibits.
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The following exhibit is filed with this Current Report on Form 8-K.
Exhibit No. Description
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99 Press Release dated November 18, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, 1st
Bergen Bancorp has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
1ST BERGEN BANCORP
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(Registrant)
Dated: November 19, 1998 By: /s/ ALBERT E. GOSSWEILER
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Albert E. Gossweiler,
Executive Vice President
and Chief Financial
Officer
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EXHIBIT INDEX
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CURRENT REPORT ON FORM 8-K
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Exhibit No. Description Page No.
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99 Press Release dated November 18, 1998 5
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EXHIBIT 99
FOR IMMEDIATE RELEASE CONTACT: William M. Brickman
(201) 939-3400
1ST BERGEN BANCORP DECLARES DIVIDEND
WOOD-RIDGE, NEW JERSEY (NOVEMBER 18, 1998) . . . 1st Bergen Bancorp
(NASDAQ:FBER), the holding company for South Bergen Savings Bank, today
announced that its Board of Directors declared a quarterly dividend on its
common stock of seven cents ($0.07) per common share. The dividend will be
payable on December 31, 1998, to shareholders of record at the close of business
on December 14, 1998.
William M. Brickman, President and Chief Executive Officer, said,"The
December 31st dividend payment represents the tenth consecutive quarter in which
the Company has paid a cash dividend on its common stock and is reflective to
Management's ongoing commitment to provide shareholder value."
During the fourth quarter of 1998, 1st Bergen signed a Definitive Merger
Agreement with Kearny Federal Savings Bank whereby Kearny would pay $24 cash for
each share of 1st Bergen common stock. Kearny is a federal mutual savings bank
with assets of $794 million and five northern New Jersey banking offices. The
transaction is expected to close during the first quarter of 1999.
Headquartered in Wood-Ridge, New Jersey, South Bergen Savings Bank is a
federally chartered stock savings bank that conducts business from its
headquarters and from its branch offices located in East Rutherford, Wanaque and
Montville, New Jersey. South Bergen Savings Bank's deposits are insured by the
Savings Association Insurance Fund (SAIF) of the Federal Deposit Insurance
Corporation (FDIC).
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