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): August 18, 1995
Saratoga Bancorp
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
2-77519-LA 94-2817587
(Commission File Number) (IRS Employer Identification No.)
12000 Saratoga-Sunnyvale Road, Saratoga, CA 95070
(Address of principal executive office and ZIP code)
Registrant's telephone number, including area code: (408) 973-1111
None
(Former name or former address, if changed since last report)
PAGE 1 OF 4 PAGES
Exhibit at Page 4
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Item 5. Other Events
On August 18, 1995, the Board of Directors of Saratoga
Bancorp declared a five cent ($0.05) cash dividend on the
outstanding shares of Commom Stock of Saratoga Bancorp, to be
payable on September 29, 1995 to shareholders of record at the
close of business on September 11, 1995.
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
(21) Press Release issued on 8/22/95 describing cash
dividend
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<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.
SARATOGA BANCORP
(Registrant)
By: _Mary Page Rourke_____________
Mary Page Rourke
Senior Vice President
Treasurer (Principal
Financial and
Accounting Officer)
Date: August 22, 1995
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FOR IMMEDIATE RELEASE
Saratoga Bancorp, parent company for Saratoga National Bank, announced
a $0.05 per share cash dividend effective for shareholders of record as of
September 11, 1995. The dividend will be paid on September 29, 1995.
The consolidated companies reported net income of $395,000, or $0.38
per share for the six months ended June 30, 1995.
Saratoga National Bank operates offices in Saratoga, Los Gatos and San
Jose.
August 21, 1995
