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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):February 26, 1999
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)
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Item 5 Other Events
On February 26, 1999, the Board of Directors of Saratoga Bancorp
decleared a ten cent ($0.10) cash dividend on the outstanding shares of
Common Stock of Saratoga Bancorp, to be payable on April 14, 1999 to
shareholders of record at the close of business on March 31, 1999.
Item 7 Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
(21) Press Release issued on 2/26/99 describing cash dividend.
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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, thereunto duly authorized.
SARATOGA BANCORP
(Registrant)
By: _____MARY PAGE ROURKE________
Mary Page Rourke
Treasurer (Principal
Financial and
Accounting Officer)
Date: March 2, 1999
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FOR IMMEDIATE RELEASE
SARATOGA BANCORP ANNOUNCES DIVIDEND PAYMENT
SARATOGA, CA February 26, 1999 Saratoga Bancorp, parent company for
Saratoga National Bank, is pleased to announce that its financial performance
in 1998 has provided the Company with the ability to return a portion of its
profits to its shareholders. A $0.10 per share cash dividend, effective for
shareholders of record as of March 31, 1999 will be paid on April 14 1999.
An area leader in construction lending, Saratoga National Bank will celebrate
17 years of service to businesses and individuals in Silicon Valley this year.
With a strong emphasis on relationship banking, Saratoga National Bank has
established itself as one of the most consistently prosperous banks of its
size in the United States. Saratoga National Bank has also just received
an "Excellent" rating by the Weiss Ratings Index on Consumer Safety.
Saratoga National Bank operates offices in Saratoga at 12000 Saratoga-Sunnyvale
Road, Saratoga CA 95070, Los Gatos at 15405 Los Gatos Boulevard, Los Gatos CA
95032 and San Jose at 160 W. Santa Clara Street, San Jose CA 95113. For more
information about the Bank, please visit our web site at www.saratoganb.com.
Richard L. Mount
12000 Saratoga-Sunnyvale Road
Saratoga, CA 95070
(408) 973-1111
UNAUDITED
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