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 - December 15, 1997
PREMIER BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Pennsylvania To Be Assigned 23-2921058
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(State or other (Commission File (IRS Employer
jurisdiction Number) Identification
of incorporation) Number)
379 North Main Street
Doylestown, Pennsylvania 18901
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(Address of principal (Zip Code)
executive offices)
Registrant's telephone number including area code: (215)-345-5100
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N/A
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(Former name or former address, if changed since last report)
Page 1 of 6 Sequentially Numbered Pages
Index to Exhibits Found on Page 4
<PAGE>
Item 1. Changes in Control of Registrant.
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
On December 15, 1997, the Issuer released a Press
Release, attached as Exhibit 99, announcing a
three-for-one stock split.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits:
99 Press Release, of Registrant, dated December
15, 1997, re: Three-for-One Stock Split.
Item 8. Change in Fiscal Year.
Not Applicable.
<PAGE>
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 hereunto duly authorized.
PREMIER BANCORP, INC.
(Registrant)
Dated: December 15, 1997 /s/ John S. Soffronoff
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John C. Soffronoff, President
and Chief Executive Officer
(Principal Executive Officer)
<PAGE>
EXHIBIT INDEX
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Page Number
in Manually
Exhibit Signed Original
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99 Press Release, of Registrant, 6
dated December 15, 1997, re:
Three-for-One Stock Split.
EXHIBIT 99
PRESS RELEASE
PREMIER BANCORP, INC.
<PAGE>
PREMIER BANK
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379 North Main Street, Box 818, Doylestown, PA 18901-0818
Telephone: 215-345-5100, Fax: 215-345-7286
PRESS RELEASE
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PREMIER BANCORP, INC.
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THREE-FOR-ONE COMMON STOCK SPLIT AND
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AMENDMENT TO THE ARTICLES OF INCORPORATION
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Contact Person: John C. Soffronoff
President and Chief Executive Officer
215-345-5100
December 15, 1997
At a meeting of the Board of Directors of Premier Bancorp,
Inc., held on December 11, 1997, the Directors of the Corporation
adopted an Amendment to the Corporation's Articles of
Incorporation. The Amendment changes the par value per share of
Common Stock from $1.00 per share to $0.33 per share and
increases the number of authorized shares of the Corporation's
Common Stock from 10,000,000 shares to 30,000,000 shares, thereby
effecting a three-for-one split of the Corporation's Common
Stock. Articles of Amendment containing the amendment to the
Articles of Incorporation will be filed with the Commonwealth of
Pennsylvania, Department of State, Corporation Bureau, during
December, 1997. The Amendment to the Articles of Incorporation
and the three-for-one Common Stock split will become effective at
12:01 A.M., prevailing time, on December 31, 1997.
Premier Bancorp, Inc., is the parent bank holding company of
Premier Bank (the "Bank"). The continued growth of the Bank and
the Corporation's commitment to strategically plan for the future
have made the increase in the number of authorized shares of the
Corporation's Common Stock and the three-for-one Common Stock
split necessary. This will afford the Corporation and the Bank
more financial flexibility and will permit them to better serve
the communities in which they do business by better positioning
the Corporation and the Bank for opportunities and challenges
that may arise in the future.
