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
December 8, 2000
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(Date of earliest event reported)
Staten Island Bancorp, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-13503 13-3958850
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
15 Beach Street, Staten Island, New York 10304
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(Address of principal executive offices) (Zip Code)
(718) 447-7900
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name, former address and former fiscal year, if changed since last
report)
Item 5. OTHER EVENTS
On December 8, 2000, SI Bank & Trust (the "Bank), the wholly owned
subsidiary of Staten Island Bancorp, Inc. (the "Company"), completed the
acquisition (the "Acquisition") of four full-service branch offices with
aggregate deposits of approximately $42 million from Unity Bank, a subsidiary of
Unity Bancorp. Three of the offices are in Union County and one office is in
Middlesex County, New Jersey. The Bank paid a premium of 6.5% for the acquired
deposits. Other than the Acquisition, there is no material relationship between
the Company (including the Bank) and Unity Bancorp (including Unity Bank).
The Company issued a press release on December 8, 2000 with respect to the
Acquisition which is attached hereto as an exhibit to this Form 8-K and is
incorporated herein by reference.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99 Press Release, dated as of December 8, 2000
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.
ISB FINANCIAL CORPORATION
Date: December 15, 2000 By: /s/ Harry P. Doherty
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Harry P. Doherty
Chairman and Chief Executive Officer
