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) - April 22, 1997
NORTH FORK BANCORPORATION, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-10458 36-3154608
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
275 Broad Hollow Road
Melville, New York 11747
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (516) 844-1004
<PAGE>
Item 5. Other Events
North Fork Bancorporation, Inc. issued a press release today,
April 22, 1997, announcing that the shareholders approved the
amendment to the Company's Certificate of Incorporation to
increase the number of authorized shares of Common Stock to two
hundred million, which will enable the Company to effect a
two-for-one stock split and to issue shares for other corporate
purposes.
Item 7. Financial Statement and Exhibits
(c) The following Exhibit is filed with this Current
Report on Form 8-K:
Exhibit
Number Description
99 Press Release of North Fork Bancorporation, Inc., dated
April 22, 1997.
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
99 Press Release of North Fork Bancorporation, Inc., dated
April 22, 1997.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
Date: April 22, 1997
NORTH FORK BANCORPORATION, INC.
By:/s/ Daniel M. Healy
Daniel M. Healy
Executive Vice President and
Chief Financial Officer
<PAGE>
Exhibit 99
NORTH FORK BANCORP
275 Broad Hollow Rd., Melville, NY 11747 * (516) 298-5000 *
FAX (516) 694-1536
Press Release
FOR IMMEDIATE RELEASE Contact: Daniel M. Healy
Executive Vice President &
Chief Financial Officer
NORTH FORK BANCORPORATION ANNOUNCES
RESULTS OF THE 1997 ANNUAL SHAREHOLDERS' MEETING
Melville, N.Y. - April 22, 1997 - North Fork Bancorporation,
Inc. (NYSE:NFB) announced today that the shareholders approved
the amendment to the Company's Certificate of Incorporation to
increase the number of authorized shares of Common Stock to two
hundred million, which will enable the Company to effect a
two-for-one stock split and to issue shares for other corporate
purposes. The shareholders also elected four directors to the
Board of Directors for a three year term. The two-for-one stock
split is payable on May 15, 1997 to shareholders of record on
April 25, 1997.
John Adam Kanas, President, Chairman and Chief Executive
Officer, in addressing the shareholders' at the annual meeting,
highlighted several of the Company's 1996 accomplishments that
included attaining superior financial results, the addition of
250,000 new customer relationships from three acquisitions, cash
dividend increases of approximately 33% and market appreciation
of the Company's common stock. "We have also made significant
advancements in technology, paving the way for future growth and
remaining ahead of the expectation needs of our customers," he
stated.
Mr. Kanas noted that the Company's overall merger and
acquisition strategy remained consistent in that business
combinations must be accretive to earnings, afford opportunities
for tangible cost savings, provide access to new customers and
have complimentary or strategic locations. "The year 1996 was
marked by the success of our merger integration strategy," he
stated. North Fork successfully completed three acquisitions in
1996.
In commenting on the short-term outlook he said, "We will
concentrate on our customers as a source of fee income
generation
and continue to examine potentials for the effective use of the
Company's substantial capital base."
North Fork Bancorporation, Inc. with total assets of $6.4
billion, deposits of $4.4 billion and stockholders' equity of
$467 million, or $14.20 book value per share, is the holding
company for North Fork Bank, operating 82 branches in the New
York metropolitan area.
