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)
August 10, 1999
FIRST ROBINSON FINANCIAL CORPORATION
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Exact name of Registrant as specified in its Charter)
Delaware 0-29276 34-4145294
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
501 East Main Street, Robinson, Illinois 62454
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (618) 544-8621
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ITEM 5. OTHER EVENTS
Attached as Exhibit 99 is the Registrant's press release dated August 10,
1999 announcing its intention to repurchase up to 5% of its outstanding shares.
The stock repurchase will begin on August 16, 1999 and conclude on February 16,
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.
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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: August 19, 1999 By: /s/ Rick L. Catt
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Rick L. Catt
President and Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
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99 Press Release dated August 10, 1999
NEWS RELEASE
FOR MORE INFORMATION CONTACT:
Rick L. Catt, President FOR IMMEDIATE RELEASE
And Chief Executive Officer August 10, 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 August
16, 1999 and concluding on February 16, 2000. The Company may repurchase up to
38,420 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 1, 1999 has been completed with the
Company purchasing 40,832 shares of the Company's common stock. The Company now
has 768,391 shares outstanding.
On June 30, 1999, the Company had assets $86.6 million, liabilities of $75.6
million and stockholders' equity of $11.0 million. Through its banking
subsidiary, the Company operates three full-service offices and one drive-up
facility in Robinson, Palestine and Oblong, Illinois.
