SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): August 16, 2000
FIRST SECURITY BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
Kentucky 333-33350 61-1364206
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
400 East Main Street, Lexington, Kentucky 40507
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (859) 367-3700
Not Applicable
-------------------------------- ---------------
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On August 16, 2000, the Registrant issued a press release announcing its
earnings for the second quarter of 2000. A copy of such press release, including
unaudited financial information released as a part thereof, is attached as
Exhibit 99(a) to this Current Report on Form 8-K and incorporated by reference
herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
The exhibit listed on the Exhibit Index of this Form 8-K is filed as a
part of this Report.
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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.
FIRST SECURITY BANCORP, INC.
Date: August 16, 2000 /s/ John S. Shropshire
----------------------
John S. Shropshire
President and
Chief Executive Officer
(Principal Executive Officer)
Date: August 16, 2000 /s/ Ben A. New
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Ben A. New
Vice-President; Controller
(Principal Financial and
Accounting Officer)
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EXHIBITS
99(a) Registrant's August 16, 2000 Press Release regarding earnings for
the second quarter of 2000.
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EXHIBIT 99(a)
FIRST SECURITY BANK OF LEXINGTON SECOND QUARTER RESULTS
First Security Bancorp, Inc., the parent of First Security Bank of Lexington,
announced its financial results for the second quarter ended June 30, 2000.
Total assets were $115.0 million, up 10.3% from the previous quarter end, and up
21.6% from year-end 1999. Deposits increased to $102.7 million, up 8.7% from
March 31, 2000, and 23.1% from December 31, 1999. Loans increased by 5.0% and
22.4% during the same periods, respectively.
Earnings for the six months ending June 30, 2999 were $335,000 for 33.5 cents
per share, inclusive of $141,000 in expenses attributed to the formation of a
holding company, First Security Bancorp, Inc. Even with these expenses, current
year earnings compare favorably with a net loss of $160,000, or a negative 16.0
center per share, in the same period last year.
