SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13A-17
OR 15D-17 THEREUNDER
NEW ENGLAND COMMUNITY BANCORP, INC.
-----------------------------------
(Exact Name of Issuer as Specified in Charter)
P.O. Box 130, Windsor, Connecticut 06095
----------------------------------------
(Address of Principal Executive Offices)
Issuer's telephone number, including area code: (860) 688-5251
-------------------------------
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:
1. Title of security: Common Stock
------------------------------------------------------
2. Number of shares outstanding before the change: 3,084,309
-------------------------
3. Number of shares outstanding after the change: 3,633,166
--------------------------
4. Effective date of change: July 11, 1996
-----------------------------------------------
5. Method of change: Reorganization
-------------------------------------------------------
Give brief description of transaction: Issuance of stock pursuant to a Plan and
----------------------------------------
Agreement of Reorganization dated December 19, 1995 ("the Reorganization
- --------------------------------------------------------------------------------
Agreement"). Pursuant to the Reorganization Agreement, New England Community
- --------------------------------------------------------------------------------
Bancorp, Inc. ("NECB") acquired all of the outstanding shares of Manchester
- --------------------------------------------------------------------------------
State Bank ("MSB") Common Stock through the issuance of 5.493 shares of
- --------------------------------------------------------------------------------
NECB's Common Stock and $35.20 in cash in exchange for each share of MSB Common
- --------------------------------------------------------------------------------
Stock. Pursuant to the Reorganization Agreement, MSB's operations have been
- --------------------------------------------------------------------------------
merged with and into NECB's wholly-owned subsidiary, New England Bank & Trust
- --------------------------------------------------------------------------------
Company.
- --------
II. CHANGE IN NAME OF ISSUER
1. Name prior to change:
----------------------------------------------------
2. Name after change:
--------------------------------------------------------
3. Effective date of charter amendment changing name:
------------------------
4. Date of shareholder approval of change, if required:
----------------------
Date: July 16, 1996 /S/ Anson C. Hall
------------- ----------------------------------------------
Anson C. Hall
Treasurer, New England Community Bancorp, Inc.