SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) or
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 1995
FINANCIAL TRUST CORP
(Exact name of registrant as specified in its charter)
Pennsylvania 0-10756 23-2229155
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1415 Ritner Highway, P.O. Box 220, Carlisle, Pennsylvania 17013
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (717) 241-7795
ITEM 5. Other Events
On September 30, 1995, Financial Trust Corp (FITC) completed its acquisition of
Washington County National Bank (WCNB). Required approvals have been received
from the Federal Reserve Bank of Philadelphia, the Comptroller of the Currency,
The Bank Commissioner of the State of Maryland and WCNB shareholders.
In the transaction, each outstanding share of WCNB common stock, $10 par value
per share, other than perfected dissenting shares, will be converted into 2.25
shares of FITC common stock, $5.00 par value per share, and cash in lieu of
fractional shares. This will cause the issuance of a maximum of 1,054,888
additional shares of FITC common stock. Cash in lieu of fractional shares and
cash payments for perfected dissenting shares will reduce the number of shares
issued. A Form 10-C was filed with The Nasdaq Stock Market and the Securities
and Exchange Commission today. The transaction will be accounted for as a
pooling of interests. FITC's September 30, 1995 operating results will be
pooled and comparative prior period results will be restated accordingly.
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.
Date October 6, 1995 Financial Trust Corp
(Registrant)
/s/ Bradley S. Everly
(Signature)
Bradley S. Everly
Senior Vice President, Treasurer and
Chief Financial Officer
