UNITED STATES
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 report) November 19, 1998
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(November 10, 1998)
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CITIZENS FIRST FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 1,14274 37-1351861
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(State or other jurisdiction (Commission (IRS Employer
of incorporation or File Number) Identification
organization) No.)
2101 North Veteran Parkway, Bloomington, Illinois 61704
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(Address of principal executive offices)
(309) 661-8700
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(Issuer's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Total Pages: 3
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Item 5. Other Events
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Citizens First Financial Corp., the parent company of
Citizens Savings Bank, F.S.B. announced the approval of a stock
repurchase program of 5% of its outstanding shares of common
stock.
A press release announcing the approval of the stock
repurchase program is attached as Exhibit 99.1.
Exhibit No. Page
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99.1 Press release dated November 10, 1998 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 hereunto duly authorized.
Dated: November 19, 1998 By: /s/ C. William Landefeld
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C. William Landefeld
President and Chief
Executive Officer
Dated: November 19, 1998 By: /s/ Dallas G. Smiley
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Dallas G. Smiley
Senior Vice-President and
Chief Financial Officer
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Citizens First Logo
FOR IMMEDIATE RELEASE
Contact: C. William Landefeld
President & Chief Executive Officer
Citizens First Financial Corporation
(309) 661-8700
CITIZENS FIRST FINANCIAL CORP.
ANNOUNCES APPROVAL OF
STOCK REPURCHASE PROGRAM
Bloomington, Illinois, November 10, 1998 -- C. William
Landefeld, President and Chief Executive Officer of Citizens
First Financial Corp. (AMEX-CBK), the parent company of Citizens
Savings Bank, announced they have received approval from the
Office of Thrift Supervision on November 9, 1998 for the
repurchase of 5% or 114,426 of its current outstanding shares of
common stock.
In October 1998, Citizens First Financial Corp. completed
the repurchase of 5% of its outstanding common stock. The
120,449 shares were repurchased at an average stock price of
$15.83. Common stock repurchased by the holding company in total
now equals 528,978 shares at at average price of $16.14.
Citizens Savings Bank currently has six offices in central
Illinois.
