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.