FIRST ROBINSON FINANCIAL CORP
8-K, 1999-12-06
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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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)
                                December 1, 1999


                      FIRST ROBINSON FINANCIAL CORPORATION
- ------------------------------------------------------------------------
             Exact name of Registrant as specified in its Charter)


    Delaware                 0-29276                  34-4145294
- ------------------------------------------------------------------------
(State or other         (Commission File          (IRS Employer
 jurisdiction of             Number)            Identification
 incorporation)                                         No.)


501 East Main Street, Robinson, Illinois                 62454
- ------------------------------------------------------------------
(Address of principal executive offices)               (Zip Code)



Registrant's telephone number, including area code: (618) 544-8621
- ------------------------------------------------------------------

<PAGE>
ITEM 5.     OTHER EVENTS

     Attached as Exhibit 99 is the  Registrant's press release dated December 1,
1999 announcing its intention to repurchase up to 5% of its outstanding  shares.
The stock  repurchase  will begin on  December  6, 1999 and  conclude on June 6,
2000.


ITEM 7.     FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

     (c)    Exhibits

            The  exhibit  referred to in Item 5 of this Report and listed on the
            accompanying  Exhibit  Index is filed as part of this  Report and is
            incorporated herein by reference.


<PAGE>
                                    SIGNATURE


     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.

                            FIRST ROBINSON FINANCIAL CORPORATION



Date: December 6, 1999      By:   /s/ Rick L. Catt
                                  -----------------------------
                                  Rick L. Catt
                                  President and Chief Executive Officer


<PAGE>
                                  EXHIBIT INDEX



  Exhibit
  Number                           Description
- ----------       ----------------------------------------------------

    99           Press Release dated December 1, 1999




                                  NEWS RELEASE


FOR MORE INFORMATION CONTACT:
Rick L. Catt,  President                           FOR IMMEDIATE RELEASE
  And Chief Executive Officer                         December 1, 1999
First Robinson Financial Corporation
501 East Main Street
Robinson, IL  62454



                    FIRST ROBINSON FINANCIAL CORPORATION REPORTS
                            STOCK REPURCHASE PROGRAM


First Robinson Financial  Corporation (OTC Bulletin Board:  "FRFC"), the holding
company  for  First  Robinson  Savings  Bank,  N.A.,  today  announced  a  stock
repurchase  program  for  up to 5% of  the  Company's  common  stock  commencing
December 6, 1999 and  concluding on June 6, 2000.  The Company may repurchase up
to 36,394 shares of the Company's  common stock.  Shares may be repurchased from
time to time,  in the open market,  when deemed  appropriate  by  management.  A
previous stock repurchase  program which began April 16, 1999 has been completed
with the Company  purchasing  40,520 shares of the Company's  common stock.  The
Company now has 727,871 shares outstanding.

On September 30, 1999, the Company had assets of $86.9  million,  liabilities of
$76.1 million and  stockholders'  equity of $10.8  million.  Through its banking
subsidiary,  the Company  operates three  full-service  offices and one drive-up
facility in Robinson, Palestine and Oblong, Illinois.






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