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) December 27, 1999
PEOPLES-SIDNEY FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its Charter)
Delaware 0-22223 31-1499862
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
101 E. Court Street, Sidney, Ohio 45365
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (937) 492-6129
N/A
(Former name or former address, if changed since last report)
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Item 5. Other Events
On December 27, 1999, Peoples-Sidney Financial Corporation (the
"Company") issued the press release attached hereto as Exhibit 99, announcing a
stock repurchase program. The Company intends to repurchase 5% of its
outstanding stock over the next six months in the open market.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99 Press Release dated December 27, 1999.
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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.
PEOPLES-SIDNEY FINANCIAL CORPORATION
Date: December 29, 1999 By: /s/ Douglas Stewart
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Douglas Stewart, President and Chief
Executive Officer
EXHIBIT 99
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[PEOPLES-SIDNEY FINANCIAL CORPORATION Letterhead]
For Release, Monday, December 27, 1999
Contact: Douglas Stewart, President
PEOPLES-SIDNEY FINANCIAL ANNOUNCES THIRD STOCK REPURCHASE
PROGRAM
Sidney, Ohio, December 27, 1999
NASDAQ: PSFC
Douglas Stewart, President of Peoples-Sidney Financial Corporation, parent
company of Peoples Federal Savings and Loan Association, announced today its
intention to commence the repurchase of 5% of its outstanding shares in the open
market over the next six months. The repurchase program is expected to commence
prior to December 31, 1999. These shares will be purchased at prevailing market
prices from time to time over a six month period depending on market conditions.
The repurchase program has been approved by the Office of Thrift Supervision.
Peoples Federal serves Shelby County with offices located at 101 E. Court
Street, Sidney, 403 S. Pike Street, Anna; and, 115 E. Pike Street, Jackson
Center. The corporation had assets of $123 million and $17 million in
shareholder equity at September 30, 1999.