SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report - June 2, 2000
SUN BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)
Pennsylvania 0-14745 23-2233584
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(State of Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
2-16 South Market Street
Selinsgrove, Pennsylvania 17870
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number (Including Area Code) (570) 374-1131
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N/A
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(Former name or former address, if changed since last report)
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Item 1. Changes in Control of Registrant
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Not Applicable
Item 2. Acquisition or Disposition of Assets.
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Not Applicable
Item 3. Bankruptcy or Receivership.
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Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
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Not Applicable.
Item 5. Other Events.
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Registrant files this Current Report on Form 8-K to submit a copy of
Registrant's Press Release, dated June 2, 2000, regarding a significant
decline in earnings expected for the second quarter of 2000 as compared
to prior quarters. The decline is the result of restructuring the
investment portfolio for a changing rate environment. A copy of the
press release is attached as Exhibit 99, hereto, and incorporated
herein by reference.
Item 6. Resignations of Registrant's Directors.
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Not Applicable.
Item 7. Financial Statements and Exhibits.
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Exhibits:
99 Press Release of Registrant, SUN BANCORP, INC., dated June 2, 2000
regarding announcement of a significant decline in earnings
expected for the second quarter of 2000.
Item 8. Change in Fiscal Year.
Not Applicable.
<PAGE>
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 hereunto duly authorized.
SUN BANCORP, INC.
(Registrant)
Dated: June 2, 2000 /s/ Fred W. Kelly, Jr.
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Fred W. Kelly, Jr.,
Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)
Dated: June 2, 2000 /s/ Robert J. McCormack
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President and
Chief Operating Officer
(Principal Financial Officer)
