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: November 20, 1997
BRITTON & KOONTZ CAPITAL CORPORATION
(Exact name of issuer as specified in its charter)
64-0665423
Mississippi 0-22606 (IRS Employer
(State of Incorporation) Commission File Number Identification No.)
500 Main Street, Natchez, Mississippi 39120
(Address of principal executive offices)
Telephone: (601)445-5576
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BRITTON & KOONTZ CAPITAL CORPORATION
AND SUBSIDIARY
INDEX
Item 5. Other Events.
The contents of Exhibit 20 to this Form 8-K are hereby
incorporated herein by this reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
20 Other Documents or Statements to Security Holders.
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SIGNATURE
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 thereto duly authorized.
BRITTON & KOONTZ CAPITAL CORPORATION
November 20, 1997 /s/ W. Page Ogden
W. Page Ogden
President and Chief Executive
Officer
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Exhibits Index
Exhibit
Number Item
20 Other Documents or Statements to Security Holders
Press Release Dated November 19, 1997
Britton & Koontz Capital Corporation
500 Main Street
P O Box 1407
Natchez, MS 39121
601-445-5576
601-445-2488 Fax
http://www.bkbank.com
[email protected]
FOR IMMEDIATE RELEASE: FOR MORE INFORMATION:
November 19, 1997 W. Page Ogden, President & CEO
for (Nasdaq/Symbol BKBK) Bazile R. Lanneau, Jr., Vice President & CFO
BRITTON & KOONTZ DECLARES SEMI-ANNUAL DIVIDEND
Natchez, Mississippi -- Britton & Koontz Capital Corporation's board
of directors today declared a semi-annual dividend of $.29 per share on the
Company's Common Stock payable December 15, 1997, to shareholders of record
November 28, 1997. This dividend combined with the dividend paid June 16,
1997, of $.27 per share results in a payout ratio of 40% on 1997 annualized
earnings per share. For the three quarters ended September 30, 1997, the
Company reported income of $1.79 million ($1.01 per share) compared to $1.38
million ($.78 per share) for the same period in 1996. The dividends paid in
1997 represent a 12% increase over the amount paid in 1996.
Britton & Koontz Capital Corporation, headquartered in Natchez,
Mississippi, is the parent company of Britton & Koontz First National Bank
which operates three full service offices in Natchez. As of September 30,
1997, the Company reported assets of $158.3 million and equity of $17.9
million. Total shares outstanding amounted to 1.766 million.
