SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
F O R M 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report
January 27, 2000
FVNB CORP.
(Exact name of registrant as specified in its charter)
Commission file number: 333-47939
Texas 74-2871063
(State or other jurisdiction of incorporation (I.R.S. Employer
or organization) Identification No.)
101 S. Main Street
Victoria, Texas 77901
(Address of principal executive offices)
(361) 573-6321
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS
The news release of FVNB Corp. dated January 26, 2000, attached and filed
herewith as Exhibit 99, is incorporated herein by reference. The release
announced that on January 26, 2000, the Board of Directors of FVNB Corp.
declared a regular cash dividend of $.35 per share for shareholders of record on
February 4, 2000, payable on February 18, 2000. The release also includes
unaudited financial information related to the fourth quarter of 1999.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits
The following exhibit is filed as part of this report:
(99) News release of FVNB Corp. dated January 26, 2000.
2
<PAGE>
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 hereunto duly authorized.
FVNB CORP.
(Registrant)
By: /s/ DAVID M. GADDIS
David M. Gaddis, President
Date: January 27, 2000
3
<PAGE>
INDEX TO EXHIBIT
EXHIBIT NO. DESCRIPTION PAGE
- ----------- ----------- ----
99 News release of FVNB Corp. 5
dated January 26, 2000
4
EXHIBIT 99
PRESS RELEASE For Further C. Dee Harkey
IMMEDIATE RELEASE Information: Secretary & Principal
January 26, 2000 Accounting Officer
FVNB Corp.
(361) 572-6530
FVNB CORP. FOURTH QUARTER DIVIDEND ANNOUNCEMENT
VICTORIA, TEXAS - On January 26, 2000, the Board of Directors of FVNB Corp.
(NASDAQ: FVNB) declared a regular cash dividend of $.35 per share payable on
February 18, 2000 to shareholders of record as of February 4, 2000. Consolidated
net income of the Company for 1999 was approximately $7.50 million, or $3.16 per
share. This compares to consolidated net income of approximately $6.07 million,
or $2.56 per share, for 1998. The return on average assets of 1.18% and return
on average equity of 12.72% for 1999 compare to 1.16% and 9.83%, respectively,
for 1998.
The Company expects to release further information related to its 1999
performance on or about January 27, 2000.
["Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release which are not historical facts
contain forward looking information with respect to plans, projections or future
performance of FVNB Corp., the occurrence of which involve certain risks and
uncertainties detailed in the FVNB Corp. filings with the Securities Exchange
Commission.]
5
