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
October 16, 2000
-------------------
Date of Report (Date of earliest event reported)
REPUBLIC SECURITY FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Florida
(State or Other Jurisdiction of Incorporation)
0-14671 59-2335075
(Commission File Number) (IRS Employer Identification No.)
450 South Australian Avenue
West Palm Beach, Florida 33401
(Address of principal executive offices) (Zip Code)
(561) 655-8511
Registrant's Telephone Number, Including Area Code
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Item 5. Other Events
Republic Security Financial Corporation issued a press release
announcing net income of $4.7 million or $0.10 diluted earnings per common share
for the three months ended September 30, 2000 compared to net income of $8.0
million or $0.16 diluted earnings per common share for the three months ended
September 30, 1999. Net income was $17.6 million or $0.36 diluted earnings per
common share for the nine months ended September 30, 2000 compared to net income
of $22.0 million or $0.43 diluted earnings per common share for the nine months
ended September 30, 1999. Earnings, excluding merger related expenses, for the
nine months ended September 30, 1999 were $24.4 million or $0.48 diluted
earnings per common share.
The press release issued by the Registrant described herein is attached
hereto as Exhibit 99.1 and is hereby incorporated herein by reference in its
entirety.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: The matters discussed in this report which are not historical facts
contain forward-looking information with respect to strategic initiatives. Such
forward-looking statements are based on current plans and expectations, which
are subject to a certain number of uncertainties and risks, which could cause
future results to differ materially from those anticipated by such statements.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of the Business Acquired
Not Applicable
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
99.1 - Press Release dated October 16, 2000
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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 thereunto duly authorized.
REPUBLIC SECURITY FINANCIAL CORPORATION
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(Registrant)
Date: October 16, 2000 /s/ Mark P. Snelling
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Mark P. Snelling
Controller
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release dated October 16, 2000
