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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 and Exchange Act of 1934
Date of Report (Date of earliest event reported): September 15, 1995
FIRST LIBERTY FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Georgia 1-14417 58-1680650
(State of Incorporation)(Commission File No.)(IRS Employer Identification No.)
201 Second Street
Macon, Georgia 31297
(Address of principal executive offices, including zip code)
(912) 743-0911
(Registrant's telephone number including area code)
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Exhibit Index on Page 3
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ITEM 5. Other Events.
On September 15, 1995, the Registrant issued the attached press
release announcing the completion of its acquisition of Tifton Banks, Inc. on
that date.
Pursuant to the filing 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.
FIRST LIBERTY FINANCIAL CORP.
Richard A. Hills, Jr.
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Richard A. Hills, Jr.
Executive Vice President
and General Counsel
Date: September 25, 1995
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INDEX OF EXHIBITS
Exhibit No. Description Page No.
99 Press Release 4
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First Liberty
Financial Corp.
News Realease
For more information contact:
David L. Hall
Executive Vice President
and Chief Financial Officer
(912) 743-0911
FIRST LIBERTY COMPLETES ACQUISITION
OF TIFTON BANK & TRUST COMPANY;
SERIES B PREFERRED STOCK TO BE LISTED
ON NASDAQ SMALLCAP MARKET
Macon, Georgia, September 15 -- First Liberty Financial Corp. (Nasdaq:FLFC),
the holding company for First Liberty Bank, announced that today it completed
the acquisition of Tifton Banks, Inc., the holding company for Tifton Bank &
Trust Company in Tifton, Georgia, and the merger of that bank into First
Liberty Bank. Tifton Bank & Trust had assets of $50 million and deposits of
$44 million.
Commenting on the announcement, Harold G. Harper, Tifton Bank & Trust's
Chairman, said "We are proud of the bank we've built here in Tifton and know
it will be even better as the result of joining forces with First Liberty."
Gary P. Hall, formerly the chief executive officer of the Tifton bank, who
will stay on with First Liberty as its City President, added "We are all
excited about being part of the First Liberty team and continuing to provide
banking services in this community. This partnership will offer some real
benefits to our customers."
First Liberty's President and Chief Executive Officer Robert F. Hatcher said
"We began working on this transaction in partnership with the board of
directors of Tifton Bank & Trust back in the Spring and are happy to have it
completed. Those board members will serve on our Tifton Community Board of
Directors, and we look forward to working with them and the Tifton employees
in continuing to provide first class banking services to our customers."
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Including the two former Tifton Bank & Trust offices, First Liberty now
operates 29 banking offices in Middle, Coastal and South Georgia, a loan
production office in Atlanta, and owns a mortgage banking company, Liberty
Mortgage Corporation, which operates throughout Georgia, and through
correspondent relationships in several other southeastern states.
The company also announced that it had received Nasdaq approval to list its
Series B 6.0% Cumulative Convertible Preferred Stock on the Nasdaq SmallCap
Market, where it will trade under the symbol FLFCO. First Liberty common
stock is traded on the Nasdaq Stock Market under the symbol FLFC.
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