SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): September 25, 2000
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First BanCorp.
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(Exact name of registrant as specified in this charter)
Puerto Rico 001-14793 66-0561882
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(State or other jurisdiction of (Commission File No.) (IRS Employer
incorporation) Identification No.)
1519 Ponce De Leon Avenue, San Juan, Puerto Rico 00908-0146
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (787) 729-8200
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ITEM 5. OTHER EVENTS
As described in First BanCorp.'s Quarterly Report on Form 10-Q for the
quarter ended March 31, 2000, First BanCorp announced on April 26, 2000 the
signing of definitive merger agreement by and between its wholly-owned
subsidiary, FirstBank Puerto Rico ("FirstBank"), and First Virgin Islands,
Federal Savings Bank, a savings bank headquartered in St. Thomas, United States
Virgin Islands ("FVI"). On September 25, 2000, after obtaining all required
shareholder and regulatory approvals, the merger of FVI with and into FirstBank
was completed by the parties.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant had duly caused this report to be signed on its behalf of the
undersigned hereunto duly authorized.
FIRST BANCORP.
By: /s/ Laura Vllarino Tur
Senior Vice President
and Controller
Date: September 25, 2000