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) May 20, 1999 (May 17, 1999)
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CITIZENS FIRST FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 1-4274 37-1351861
(State or other jurisdiction of (Commission IRS Employer
incorporation or organization) File Number) Identification No.)
2101 N. 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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Exhibit Index appears on Page 2
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Item 5. Other Events
Citizens First Financial Corp., the parent company of Citizens Savings Bank,
announced the start 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 Index
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Exhibit No. Page
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99.1 Press release dated May 17, 1999 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: May 20, 1999 By: /s/ C. William Landefeld
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C. William Landefeld
President and Chief Executive Officer
Dated: May 20, 1999 By: /s/ Dallas G. Smiley
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Dallas G. Smiley
Senior Vice-President and
Chief Financial Officer
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EXHIBIT 99.1
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FOR IMMEDIATE RELEASE
Contact:
C. William Landefeld
President & Chief Executive Officer
Citizens Savings Bank
2101 North Veterans Parkway
Bloomington, Illinois 61704
Phone: (309) 661-8700
FAX: (309) 661-0707
CITIZENS FIRST FINANCIAL CORP.
ANNOUNCES STOCK REPURCHASE PROGRAM
Bloomington, Illinois, May 17, 1999 -- Citizens First Financial Corp. (AMEX -
CBK), the parent company of Citizens Savings Bank, (the "Bank") today announced
authorization by its Board of Directors to repurchase 5% or 108, 893 shares of
its outstanding common stock. Stock repurchased under this new program will be
made subject to approval by the Office of Thrift Supervision, and will commence
as soon as practicable.
Prior to this new program, common stock repurchased by the Company equals
643,404 shares at an average price of $16.05 per share.
Citizens Savings Bank is headquartered in Bloomington, Illinois and operates
through six full service branches throughout Central Illinois.
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