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) - March 30, 1998
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
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ITEM 5. OTHER EVENTS
North Fork Bancorporation, Inc. issued a press release
announcing that as of the close of business March 27, 1998
it had completed the acquisition of New York
Bancorp, the parent of Home Federal Savings Bank. Also, the
Company was advised that Standard and Poor's will include North
Fork in its S&P Midcap 400 Index effective March 31, 1998.
Separately, North Fork recently announced that its Board of
Directors approved a 25% increase in its regular quarterly
dividend and declared a three for two stock split on its common
stock. The dividend payment and stock split will be made to
shareholders of record on April 24, 1998 and payable on May 15,
1998. The press release issued by the Registrant described
herein is attached hereto as Exhibit 99.1 and is hereby
incorporated herein by reference in its entirety.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(a) Financial Statements of the Business Acquired.
Not Applicable
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
99.1 Press Release dated March 30, 1998
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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 hereunto duly authorized.
Date: April 1, 1998
NORTH FORK BANCORPORATION, INC.
By: /s/ Daniel M. Healy
Daniel M. Healy
Executive Vice President and
Chief Financial Officer
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Exhibit 99.1
FOR IMMEDIATE RELEASE Contact: Daniel M. Healy
Executive Vice President &
Chief Financial Officer
NORTH FORK BANCORPORATION COMPLETES
ACQUISITION OF NEW YORK BANCORP AND
IS ADDED TO S&P MIDCAP 400 INDEX
Melville, N.Y. - March 30, 1998 - The Board of Directors of
North Fork Bancorporation, Inc. (NYSE:NFB) announced today that
it had completed the acquisition of New York Bancorp, the parent
of Home Federal Savings Bank. The transaction, that will be
accounted for as a pooling of interests for financial reporting
purposes, will expand North Fork to approximately $10.1 billion
in assets and will operate from more than 100 branch locations
throughout the New York Metropolitan area and Connecticut.
Also, the Company was advised that Standard and Poor's will
include North Fork in its S&P Midcap 400 Index effective March
31, 1998. North Fork's market capitalization, with the
completion of the New York Bancorp transaction, increased to
approximately $3.6 billion.
Separately, North Fork recently
announced that its Board of Directors approved a 25% increase in
its regular quarterly dividend and declared a three for two
stock split on its common stock. The dividend payment and stock
split will be made to shareholders of record on April 24, 1998
and payable on May 15, 1998.
