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UNITED STATES
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 16, 1999
PROFESSIONAL BANCORP, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
PENNSYLVANIA 0-11223 95-3701137
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No)
606 BROADWAY, SANTA MONICA, CA 90401
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code; (310) 458-1521
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ITEM 5. OTHER EVENTS
Friday, April 16, 1999 Professional Bancorp, Inc. released the attached
information.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
PROFESSIONAL BANCORP, INC
Date: April 16, 1999 By: /s/ Eric J. Woodstrom
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Acting Chief Financial Officer
EXHIBIT INDEX
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Exhibit No. Description
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1 Press Release, dated April 16, 1999, announcing delay in
filing Form 10-K for the fiscal year-end December 31, 1998
and temporary halt in trading.
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EXHIBIT 1
PRESS RELEASE DATED April 16, 1999
Company Press Release
SOURCE: Professional Bancorp, Inc.
April 16, 1999 - SANTA MONICA, CA - Professional Bancorp, Inc. (AMEX:MDB)
announced today that the filing of its Form 10-K for the fiscal year ended
December 31, 1998 will be delayed until the audited financial statements are
available for inclusion in the report. The Company expects that the filing will
be made within the next five business days. Trading in the Company's stock has
been temporarily halted in accordance with the policies of the American Stock
Exchange. The trading halt will be reevaluated as soon as the Form 10-K filing
has been made and reviewed by the American Stock Exchange.
