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: May 27, 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
May 27, 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 May 21, 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:
May 21, 1997 W. Page Ogden, President & CEO
for ticker BKBK Bazile R. Lanneau, Jr., Vice President
BRITTON & KOONTZ DECLARES SEMI-ANNUAL DIVIDEND
Natchez, Mississippi (May 21, 1997) - Britton & Koontz Capital Corporation
(Nasdaq/Symbol BKBK) declared a semi-annual dividend of $.27 per share payable
June 16 to shareholders of record as of May 30, 1997. Adjusting for a recent
4:1 stock split, the Company paid total dividends in 1996 of $.50 per share
($.20 per share in June and $.30 per share in December) on outstanding shares
of 1,764,288. The dividend announced today has been significantly increased
over the June, 1996 dividend to allow for more even and consistent semi-annual
dividend payments. The Company's prior dividend policy resulted in erroneous
annualized dividend reporting by several information services. It is currently
anticipated that the December, 1997 dividend will be consistent with the new
dividend payment policy.
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. The Company reported
assets of $155.6 million and equity of $17.1 million at March 30, 1997.
Current shares outstanding are 1,764,288.
