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U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 10-QSB/A
Amended Report
(Mark One)
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1995
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 0-14294
Great Falls Bancorp
(Exact name of small business issuer as specified in its charter)
NEW JERSEY 22-2545165
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
55 Union Boulevard, Totowa, New Jersey 07512
(Address of principal executive offices)
(201) 942-1111
(Issuer's telephone number)
Check whether the issuer (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days. YES X NO
State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: Common stock
$1.00 par value - 1,069,750 shares at August 10, 1995.
Transition Small Business Disclosure Format (check one);
Yes No X
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GREAT FALLS BANCORP AND SUBSIDIARIES
PART II - OTHER INFORMATION
Item 1 - Legal Proceedings
The Corporation is party in the ordinary course of business, to litigations
involving collection matters, contract claims and other miscellaneous
causes of action arising from its business. Management does not consider
that any such proceedings depart from usual routine litigation and in its
judgement, neither the Corporation's consolidated financial position nor
its results of operations will be affected materially by any present
proceedings.
Item 2 - Changes in Securities
During June 1995, the Corporation's Board of Directors declared a 10% stock
dividend followed by a cash dividend of 5 cents ($.05) per share, both of
which are payable on July 31, 1995 to shareholders of record July 1, 1995.
As a result of the declaration of the stock dividend, the number of the
Corporation's outstanding shares as of June 30, 1995 increased to
1,069,750.
The financial information in this report for the second calendar quarter
of 1995 has been adjusted to reflect the declaration of both the stock
dividend and the cash dividend as of June 30, 1995.
Item 3 - Default Upon Senior Securities
None.
Item 4 - Submission of Matters to a Vote of Security Holders
None.
Item 5 - Other information
In May 1995, Mr. Richard Steuerwald was named a director of the
Corporation's bank subsidiary, Great Falls Bank. Mr. Steuerwald previously
served as a director of Family First Federal Savings Bank, which merged
into Great Falls Bank in April, 1995.
Item 6 - Exhibits and Reports on Form 8-K
(a) Exhibits. Ex. 27 - Financial Data Schedule
(b) Reports on Form 8-K. Two reports on Form 8-K were filed during the
quarter ended June 30, 1995, as follows:
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
GREAT FALLS BANCORP
(Registrant)
Date: September 22, 1995 By: /s/ Naqi A. Naqvi
Naqi A. Naqvi, Treasurer
(Duly Authorized Officer and
Principal Financial Officer)
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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