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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) May 29, 1998
HUBCO, INC.
(Exact name of registrant as specified in its charter)
New Jersey
(State or other jurisdiction of incorporation)
1-10699 22-2405746
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(Commission File Number) (IRS Employer Identification No.)
1000 MacArthur Boulevard
Mahwah, New Jersey 07430
(Address of principal executive offices)
(201) 236-2600
(Registrant's telephone number, including area code)
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Item 2. Acquisition or Disposition of Assets.
On May 29, 1998, HUBCO completed its previously announced acquisition
of MSB Bancorp, Inc. ("MSB") and MSB's wholly owned banking subsidiary, MSB Bank
by merging MSB with and into HUBCO and MSB Bank with and into Bank of the
Hudson, HUBCO's New York banking subsidiary, pursuant to the Agreement and Plan
of Merger dated as of December 15, 1997 among HUBCO, MSB, and MSB Bank. In the
merger, each share of MSB common stock was converted into 1.0209 shares of HUBCO
Common Stock. As of March 31, 1998, MSB had total assets of $753.7 million,
total deposits of $661 million and stockholders' equity of approximately $74.3
million.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) The financial statements required by this Item will be filed by
amendment prior to August 12, 1998.
(b) The pro forma financial information statements required by this
item will be filed by amendment prior to August 12, 1998
(c) Exhibits:
(1) Agreement and Plan of Merger dated as of December 15, 1997
among HUBCO, Inc., MSB Bancorp, Inc. and MSB Bank * (Exhibit
99.2 to the December 22, 1997 Form 8-K)
* This exhibit was previously filed as an exhibit to the registrant's Form 8-K
filed with the Commission on December 22, 1997 and thus is not included in this
filing.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registration has duly caused this report to be signed on its behalf by the
undersigned thereto duly authorized.
HUBCO, INC.
D. LYNN VAN BORKULO-NUZZO
Dated: June 2, 1998 By: __________________________
D. Lynn Van Borkulo-Nuzzo
Executive Vice President and
Corporate Secretary
