<PAGE> 1
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 (Date of earliest event reported): September 10, 1999
CCFNB Bancorp, Inc.
-------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-19028 23-2254643
------------ ------- ----------
(State or other jurisdiction of (Commission (I.R.S. employer
incorporation) file number) Id. No.)
232 East Street, Bloomsburg, Pennsylvania 17815
- ----------------------------------------- -----
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (570) 784-4400
Former name or former address, if changed from last report: Not applicable
<PAGE> 2
CCFNB BANCORP, INC.
FORM 8-K
Item 1. Changes in Control of Registrant
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
At the Registrant's Board Meeting of September 10, 1999, the
directors authorized the purchase of up to ten percent of
137,800 shares of its issued and outstanding common stock,
from time to time, in open market purchases, through licensed
broker-dealer in accordance with the terms, conditions and
restrictions contained in Rule 10b-18.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
The press release of the Registrant with respect to the stock
buy back is attached hereto and incorporated by reference in
its entirety herein.
<PAGE> 3
Item 8. Change in fiscal year.
Not Applicable
SIGNATURES
Pursuant to the requirements of the Securiteis Exchange Act of
1934, the Registrant has duly caused this reprot to be signed on its behalf by
the undersigned hereunto duly authorized.
CCFNB BANCORP, INC:
-------------------
(Registrant)
Date: September 13, 1999 /s/ Virginia D. Kocher
----------------------
Virginia D. Kocher
Treasurer and Assistant
Secretary
(Chief Financial Officer)
<PAGE> 1
FOR IMMEDIATE RELEASE
For Further Information contact:
Paul E. Reichart, President
(570) 387 4021
CCFNB BANCORP, INC. ANNOUNCES STOCK BUY BACK PLAN
Bloomsburg, Pennsylvania, September 13, 1999 -- CCFNB Bancorp's board of
directors has announced that is has authorized the company to purchase up to ten
percent or 137,800 shares in the aggregate of the company's common stock, in
open market purchases from time to time in the discretion of the company's
management to fund its dividend reinvestment plan.
CCFNB Bancorp intends to effect such purchases, if any, in compliance with the
Rule 10b-18 under the Securities Exchange Act of 1934.
Except for the historical information contained herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties, including the timely availability and acceptance of new products,
the impact of competitive products and pricing, the management of growth, and
the other risks detailed from time to time in the Company's SEC reports,
including the report on Form 10-Q for the period ended June 30, 1999.
