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): April 22, 1998
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HOME CITY FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
OHIO 0-21809 34-1839475
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(State or other jurisdiction (Commission File No.) (IRS Employer I.D. No.)
of incorporation)
63 West Main Street, Springfield, Ohio 45502
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (937) 324-5736
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Item 5. Other Events.
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On April 22, 1998, the Board of Directors of Home City Financial
Corporation, an Ohio corporation ("HCFC"), declared a special cash distribution
in the amount of $3.50 per share to each shareholder of record on May 29, 1998,
to be paid on June 15, 1998. Management of HCFC expects that at least part of
the distribution will be a non-taxable return of capital, although the exact
amount of the distribution that could be considered non-taxable cannot be
confirmed until HCFC's operating results for the 1998 tax year have been
determined. Notices will be mailed to HCFC shareholders in January 1999
advising them of the amount considered non-taxable. Shareholders are advised
to consult with their personal tax advisors with respect to their particular
income tax situation.
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SIGNATURES
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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.
HOME CITY FINANCIAL CORPORATION
By: /s/ Douglas L. Ulery
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Douglas L. Ulery, President
Date: April 22,1998
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