UNITED STATES
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
January 11, 2001
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FARMERS CAPITAL BANK CORPORATION
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(Exact name of registrant as specified in its charter)
Kentucky
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State or other jurisdiction of incorporation
0-14412 61-1017851
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(Commission File Number) (I.R.S. Employer Identification No.)
P.O. Box 309
Frankfort, Kentucky 40602
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Address of principle executive offices) (Zip Code)
Registrant's telephone number,including area code:
(502) 227-1600
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
As reported in the 10-Q's, filed on behalf of the Registrant for the quarters
ending March 31, 2000 and June 30, 2000, the Registrant's largest subsidiary,
Farmers Bank & Capital Trust Co. had filed a motion for judgment notwithstanding
the verdict in the case of SCHILLING, ET AL. V. FARMERS BANK & CAPITAL TRUST CO.
On January 3, 2001 the Jefferson Circuit Court entered judgment in favor of
Farmers Bank & Capital Trust Co. ("the Bank") notwithstanding the jury's verdict
in favor of the plaintiffs, holding that the Bank reasonably relied in good
faith on the advice of it's counsel, that there was no evidence that the Bank
breached it's fiduciary duty to the plaintiffs, and that there was no evidence
that the Bank caused the plaintiffs' losses.
The plaintiffs may appeal the judgment entered in favor of the Bank to the
Kentucky Court of Appeals within 30 days of the entry of judgment. The Bank will
contest any such appeal.
Farmers Capital Bank Corporation is a financial holding company headquartered in
Frankfort, Kentucky. The Company operates 23 banking locations in 13 communities
throughout Kentucky, a leasing company, a data processing company, and an
insurance agency. Its stock is publicly traded on the National Association of
Securities Dealers Automated Quotation System (NASDAQ) SmallCap Market tier,
under the symbol: FFKT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused the report to be signed on its behalf by the
undersigned hereunto duly authorized.
Farmers Capital Bank Corporation
January 11, 2001 By: /s/ Charles S. Boyd
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Charles S. Boyd
President and Chief Executive Officer
