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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
F O R M 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) July 13, 2000
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Harris Bankcorp, Inc.
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(Exact name or registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-18179 36-2722782
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(Commission File Number) (IRS Employer Identification No.)
111 West Monroe Street, Chicago, Illinois 60603
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 312-461-2121
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not applicable
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On July 1, 2000, Bankmont Financial Corp. ("Bankmont") contributed 100% of
the common stock of its wholly-owned subsidiary, Harris Bankmont, Inc. to Harris
Bankcorp, Inc., also a wholly-owned subsidiary of Bankmont. Immediately
thereafter, Harris Bankmont, Inc. was liquidated and dissolved into Harris
Bankcorp, Inc. under the corporation law of Delaware. Harris Bankcorp, Inc. is
the surviving corporation. The assets of Harris Bankmont, Inc. consisted
primarily of the stock of thirteen community banks located in the Chicago area.
At December 31, 1999, the total assets and stockholder's equity of Harris
Bankcorp, Inc. amounted to $24.86 billion and $1.58 billion, respectively. Total
assets and stockholder's equity of Harris Bankmont, Inc. as of December 31, 1999
were $2.33 billion and $153 million, respectively. Income before income taxes
for the year ended December 31, 1999 was $268.2 million for Harris Bankcorp,
Inc. and $33.3 million for Harris Bankmont, Inc.
This combination will be accounted for at historical cost, similar to a
pooling-of-interests. All historical information will be presented on a combined
basis.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not applicable
ITEM 5. OTHER EVENTS.
Not applicable
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not applicable
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
No financial statements are required to be filed.
ITEM 8. CHANGE IN FISCAL YEAR.
Not applicable
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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.
HARRIS BANKCORP, INC.
(REGISTRANT)
By Paul R. Skubic
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Paul R. Skubic
Its Chief Accounting Officer
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Date July 13, 2000
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