SECURITIES & 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) January 6, 1999
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CASTLE BANCGROUP, INC.
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(Exact Name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-25914 36-3238190
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(Commission File Number) (IRS Employer
Identification No.)
121 W. Lincoln Hwy. DeKalb, Il. 60115
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(Address including zip code of Principal Executive Offices)
Registrant's telephone number, including area code (815) 758-7007
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Item 5. Other Events
Incorporated by reference is a letter to stockholders sent by the
Registrant on January 6, 1999, attached as Exhibit 99, providing
information concerning the Registrant's payment of its semi-annual
dividend and related matters.
Item 7. Financial Statements and Exhibits
(a) Exhibit
Exhibit 99 - Letter to Stockholders dated January 5, 1999
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 hereunto duly authorized.
CASTLE BANCGROUP, INC.
Date: January 6, 1999 By: /s/ Micah R. Bartlett
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Micah R. Bartlett
Chief Accounting Officer and
Controller<PAGE>
EXHIBIT INDEX
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Exhibit
Number Description
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99 Letter to Stockholders dated January 5, 1999
January 5, 1999
To Our Shareholders:
1998 was a very good year for Castle BancGroup, Inc. and we
will report record earnings. I am pleased to advise you that
the Board of Directors has increased the dividend from $0.12
to $0.14 per share payable January 5, 1999, to shareholders of
record on December 28, 1998. The enclosed dividend check
marks the 54th consecutive year in which the Company has paid
shareholders a cash dividend.
Castle BancGroup, Inc. common stock was listed in the pink
sheets by our market maker, ABN-AMRO, under the symbol CTBG in
June, 1998, with initial trades occurring at $26.50 per share and
closing at $31.00 per share at year-end. Information concerning
the sale or purchase of Company shares can be obtained by
contacting Brian Foster at ABN-AMRO, Chicago (312-855-6608 or
800-621-0686), or Flagg Baum at Wayne Hummer Investments LLC,
Chicago (312-431-1700 or 800-621-4477).
We are pleased with the progress the Company has made during the
past year as it has grown in total assets, profitability, and
shareholder value. We thank our customers and our staff for
making 1998 the most successful year in our history.
Sincerely,
/s/ John W. Castle
John W. Castle
Chairman and Chief Executive Officer
