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 7, 1995
AMERICAN BANCORPORATION
(Exact name of registrant as specified in its charter)
Ohio 0-5893 31-0724349
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1025 Main Street, Suite 800, Wheeling, West Virginia, 26003
(Address of principal executive offices)
Registrant's telephone number, including area code (304) 233-5006
(Former name or former address, if changed since last report) <PAGE>
Item 5. Other Events
On March 7, 1995, the U.S. District Court for the Northern District of
West Virginia entered an Order Granting Defendants' Motion for Summary
Judgment against American Bancorporation Retirement Plan, resolving a dispute
concerning the proper earnings formula used to determine the retirement
benefits due a former employee of the Registrant and its affiliated
subsidiaries. The Court found that the former employee was entitled to
benefits equal to 32% of average compensation, as defined in the Plan, not
the 20% of average compensation used for determining the former employees'
benefit. The Registrant intends to appeal the Order. It is too early to
determine if this judgment could have a material impact on Registrant's
financial position. The Registrant will file an amendment to this Form 8-K
reflecting any potential liability as soon as a reasonable estimate has been
determined.
<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 thereunto duly authorized.
AMERICAN BANCORPORATION
(Registrant)
Date March 17, 1995 /s/ Jeremy C. McCamic
Jeremy C. McCamic
Chairman and
Chief Executive Officer
Date March 17, 1995 /s/ Brent E. Richmond
Brent E. Richmond
Chief Financial and
Accounting Officer
