SOUND FEDERAL BANCORP
8-K, 2000-08-01
SAVINGS INSTITUTION, FEDERALLY CHARTERED
Previous: FARNSWORTH BANCORP INC, SC 13D, 2000-08-01
Next: PRAXIS PHARMACEUTICALS INC/CN, SC 13D, 2000-08-01



                       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): July 18, 2000
                                                           -------------

                              SOUND FEDERAL BANCORP
                   ------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

United States of America                 0-24811                    13-4029393
-------------------------      ---------------------------      ---------------
(State or Other Jurisdiction      (Commission File No.)         (I.R.S. Employer
      of Incorporation)                                      Identification No.)


300 Mamaroneck Ave., Mamaroneck, New York                              10543
-----------------------------------------                              -----
(Address of Principal Executive Offices)                             (Zip Code)

Registrant's telephone number, including area code:           (914) 698-6400
                                                              --------------



                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)





<PAGE>



Item 2.    Acquisition or Disposition of Assets.
           ------------------------------------

     On July 18, 2000,  Sound  Federal  Bancorp  completed  its  acquisition  of
Peekskill Financial Corporation  ("Peekskill") and its wholly-owned  subsidiary,
First Federal Savings Bank. As part of the acquisition, Peekskill's stockholders
received $22.00 per share for each share of Peekskill's  common stock issued and
outstanding.  The aggregate  purchase price for the transaction  (including cash
payments for the cancellation of options) was approximately  $41.7 million.  The
transaction was accounted for using the purchase method.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits.
          ------------------------------------------------------------------

     The financial  statements and pro forma information required to be filed by
this Item are not available at this time. Such  information  will be filed as an
amendment  to this  Current  Report  on Form 8-K when  the  information  becomes
available; however, in no event will such information be filed any later than 60
days from the last date on which this Form 8-K was required to be filed.



<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.

                                         SOUND FEDERAL BANCORP



DATE: July 31, 2000             By:      \s\ Anthony J. Fabiano
                                         -------------------------
                                         Anthony J. Fabiano
                                         Vice President and Treasurer
                                         (Duly Authorized Representative)



























© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission