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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 - December 29, 2000
TOWER BANCORP, INC.
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(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Pennsylvania 2-89573 25-1445946
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
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Center Square
Greencastle, Pennsylvania 17225
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (717) 597-2137
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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.
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.
Pursuant to a Trust Agreement between the Registrant's wholly-owned
subsidiary, The First National Bank of Greencastle (FNB), and Sentry
Trust Company (Sentry) dated July 24, 2000 FNB established a
wholly-owned non-depository trust company and transferred its trust
accounts, representing approximately $216,000,000 in assets, and the
fiduciary duties and associated responsibilities to this
non-depository trust company. Pursuant to an Agreement and Plan of
Merger between Sentry and the non-depository trust company, at the
close of business on December 29, 2000, the non-depository trust
company was merged with and into Sentry. Sentry acquired all of the
outstanding shares of the non-depository trust company in exchange
for 127,005 shares of Sentry, issued to FNB. The parties agreed that
the value of the Sentry shares was $1,078,274. Immediately after
closing, the 127,005 shares of Sentry issued to FNB were assigned to
the Registrant.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not Applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
None.
ITEM 8. CHANGE IN FISCAL YEAR.
Not Applicable.
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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.
TOWER BANCORP, INC.
(Registrant)
Dated: January 9, 2001 /s/ Jeff B. Shank
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Jeff B. Shank, President and Chief Executive Officer
(Principal Executive Officer)
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