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 (Date of earliest event reported) October 1, 1999
FIRST LEESPORT BANCORP, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania 000-14555 23-2354007
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Ident. No.)
133 North Centre Avenue, Leesport, PA 19533
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (610)926-2161
N/A
(Former name or former address, if changed since last report.)
Item 5. Other Events.
The press release of the Registrant, dated October 1, 1999,
attached hereto as Exhibit 99.1 is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(a) Exhibits
The following exhibits are filed herewith:
99.1 Press release, dated October 1, 1999, of
First Leesport Bancorp, Inc.
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 hereunto duly authorized.
FIRST LEESPORT BANCORP, INC.
Dated: October 4, 1999
By /s/ Raymond H. Melcher , Jr.
Raymond H. Melcher, Jr.
President and
Chief Executive Officer
EXHIBIT INDEX
Exhibit
Number Exhibit
99.1 Press release, dated October 1, 1999, of
First Leesport Bancorp, Inc.
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SL1 10195v1/03002.008
Exhibit 99.1
Media Release
First Leesport Bancorp, Inc.
Leesport Bank
Essick & Barr Inc.
Merchants Bank of Pennsylvania
For Additional Information, Please Contact:
Loren Berckey, Marketing Specialist, at 610-926-2161 ext. 213
Paula Barron, Vice President of Marketing, at 610-926-2161,
ext. 210
For Immediate Release - October 1, 1999
Leesport Bank To Acquire Johnson Financial Group
Raymond H. Melcher, Jr., President and Chief Executive Officer
of First Leesport Bancorp, Inc. (parent company of Leesport
Bank, Essick & Barr Insurance Inc., and Merchants Bank of
Pennsylvania), has announced that Leesport Bank has entered into
a definitive agreement to acquire Johnson Financial Group, Inc.,
Wyomissing, PA.
Johnson Financial Group, Inc., is a registered investment
advisory firm that provides full-service brokerage and
investment management services to individuals and businesses.
Effective with the acquisition, Johnson Financial Group, Inc.,
will be renamed First Leesport Wealth Management, Inc. A second
company called First Leesport Investment Group, Inc., will be
the Sun America Securities, Inc., affiliate and will offer full-
service brokerage services through Leesport Bank's and Merchants
Bank's financial centers and through a group of independent
licensed investment representatives. The entire staff of
Johnson Financial will be retained, with Keith R. Johnson
continuing to serve as President and CEO and Richene Johnson
continuing as Vice President of Operations. Richene Johnson
will also continue to serve as Branch Manager of the Wyomissing
office of Sun America Securities, Inc., a related business of
Johnson Financial Group, Inc., which under the terms of the
agreement will become an affiliate of First Leesport Bancorp,
Inc.
Said Mr. Melcher, "Bringing Johnson Financial into the First
Leesport family of financial services providers is an important
step in solidifying our position as a premier one-stop shop for
financial services. Combining the Johnsons' expertise in
financial planning and investments with the traditional menu of
services offered by Leesport Bank and Merchants Bank of
Pennsylvania and with the insurance and financial services
offered by Essick & Barr Inc., our full-service insurance and
employee benefit plans affiliate, will make us one of the
broadest and deepest, locally-based financial services providers
in the area. We have truly become a one-stop for financial
services."
According to Keith Johnson, President of Johnson Financial
Group, "Pairing with First Leesport is a wonderful marriage of
financial services providers. We believe people are
increasingly interested in consolidating their financial affairs
under one umbrella of companies, and we're excited to become
part of such a strong, growing company. The combination of our
investment and financial planning expertise with Essick & Barr's
unmatched reputation in the insurance market and the rock solid
community history of Leesport Bank and Merchants Bank is going
to be wonderful for all our clients."
The $345 million Leesport-based diversified financial services
company has banking offices under the name Leesport Bank in
Leesport, Bern Township, Blandon, Breezy Corner, Hamburg,
Reading, and Wyomissing Hills, and a limited service facility
for the residents and staff of Phoebe Berks Village,
Wernersville. It also operates banking offices in Schuylkill
and Luzerne Counties under the name Merchants Bank of
Pennsylvania, a $60 million community bank headquartered in
Shenandoah, Schuylkill County, with a branch office in Drums,
Luzerne County and additional offices expected to open in
November 1999 and April 2000. First Leesport is also the parent
company of Essick & Barr Insurance, Inc., a full-service general
insurance agency offers personal and commercial property and
casualty insurance, life insurance, group insurance for
businesses, and employee benefit plans.
First Leesport Bancorp, Inc., is listed on the NASDAQ Small
Capital Market as "FLPB".
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