SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) APRIL 9, 1999
ADMIRALTY BANCORP, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-24891 65-0405207
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4400 PGA BOULEVARD
PALM BEACH GARDENS, FLORIDA 33410
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (561) 624-4701
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Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
This Form 8-K/A amends the Form 8-K with the Date of Report of April 9,
1999, filed April 14, 1999.
The Registrant dismissed Grant Thornton LLP as its independent auditors
effective April 9, 1999. The decision to dismiss Grant Thornton as auditors was
recommended by the Registrant's Board of Directors and Audit Committee. The
Registrant anticipates retaining a "big five" accounting firm to serve as its
independent auditors for 1999. For the fiscal years ended December 31, 1998 and
1997 and up to April 9, 1999, there have been no disagreements with Grant
Thornton LLP, on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure which, if not resolved to
the satisfaction of Grant Thornton LLP, would have caused it to make reference
to the subject matter of the disagreement in connection with their reports. The
independent auditor's report on the consolidated financial statements for the
fiscal years ended December 31, 1998 and 1997 expressed an unqualified opinion.
Item 7. EXHIBITS.
The following exhibit is filed with this Current Report on Form 8-K/A.
EXHIBIT NO. DESCRIPTION
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16 Letter from Grant Thornton LLP
Page 2 of 3
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Admiralty Bancorp, Inc., has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
ADMIRALTY BANCORP, INC.
(Registrant)
Dated: May 3, 1999 By: /S/ WARD KELLOGG
-----------------------
WARD KELLOGG
President and
Chief Executive Officer
Page 3 of 3
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EXHIBIT INDEX
CURRENT REPORT ON FORM 8-K/A
EXHIBIT NO. DESCRIPTION PAGE NO.
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16 Letter from Grant Thornton LLP 5
EXHIBIT 16
GRANT THORNTON LLP
May 3, 1999
Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 11-3
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Admiralty Bancorp, Inc.
Commission File No. 0-24891
Dear Sir or Madame:
We have read Item 4 of the Form 8-K/A of Admiralty Bancorp, Inc. dated April 9,
1999, and agree with the statements in Item 4 contained therein.
Very truly yours,
/s/ Grant Thornton LLP
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GRANT THORNTON LLP
