PENNROCK FINANCIAL SERVICES CORP
8-K, 1995-06-29
NATIONAL COMMERCIAL BANKS
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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 Exchange Act of 1934
                                        
         Date of Report (Date of earliest event reported) June 27, 1995
                                        
                        PENNROCK FINANCIAL SERVICES CORP.
                       ----------------------------------
             (Exact name of registrant as specified in its charter)
                                        
       Pennsylvania                 0-15040            23-2400021
- -----------------------------     -----------    ---------------------
(State or other jurisdiction      (Commission    (IRS Employer Ident.)
    of incorporation)             File Number)

    1060 Main Street, Blue Ball, PA                      17506
- -----------------------------------------              ----------
(Address of principal executive office)                (Zip Code)

                                       N/A
            ---------------------------------------------------------
          (Former name or former address, if changes since last report)



Item 5.  Other Events.

The press release of PennRock Financial Services Corp. dated June 27, 1995
relating to the authorization of an open market stock repurchase program
submitted as Exhibit 99 is incorporated by reference herein.

Item 7.  Financial Statements and Exhibits.

         (c)  Exhibits

      The following exhibits are filed herewith:

      Exhibit
       Number            Description           Page Number
     ----------   --------------------------   ------------
         99          Press Release dated            3
                  June 27, 1995 of PennRock
                   Financial Services Corp.


                                    SIGNATURE
                                  ------------

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
                                        PennRock Financial Services Corp.
                                        By: /s/ Glenn H. Weaver
                                        ---------------------------------
                                           Glenn H. Weaver, President

Dated:  June 27, 1995


                                   Exhibit 99
                                        
                                  Press Release
                                        
For immediate release    Contact:
                                 Glenn H. Weaver, President
                                 PennRock Financial Services Corp.
                                 (717) 354-4541

BLUE BALL, PENNSYLVANIA, June 27, 1995 - - PennRock Financial Services Corp.,
the parent bank holding company of Blue Ball National Bank, today announced that
its Board of Directors has authorized the repurchase of up to 200,000 shares of
its $2.50 par value common stock, or approximately 3.3% of such shares
outstanding.

The repurchases are authorized to be made from time to time in open market or
privately negotiated transactions during the next year.  According to Vice
President and Chief Executive Officer Melvin Pankuch, the repurchased shares
will be held as treasury shares available for issuance in connection with future
stock dividends and stock splits, employee benefit plans, executive compensation
plans and for issuance under the Dividend Reinvestment Plan.

PennRock Financial Services Corp. is a Lancaster County based bank holding
company with assets in excess of $500 million.  Its wholly-owned subsidiary,
Blue Ball National Bank, operates eleven banking offices in Lancaster, Berks and
Chester Counties, Pennsylvania.



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