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 11, 1996
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PENNROCK FINANCIAL SERVICES CORP.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-15040 23-2400021
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1060 Main Street, Blue Ball, PA 17506
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(Address of principal executive office) (Zip Code)
N/A
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(Former name or former address, if changes since last report)
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Item 5. Other Events.
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The press release of PennRock Financial Services Corp. dated June 11, 1996
relating to the extension of an open market stock repurchase program and
attached hereto as Exhibit 99 is incorporated by reference herein.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
The following exhibits are filed herewith:
Exhibit
Number Description Page Number
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99 Press Release dated 3
June 11, 1996 of PennRock
Financial Services Corp.
SIGNATURE
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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
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Glenn H. Weaver, President
Dated: June 11, 1996
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Exhibit 99
(PennRock Financial Services Corp. Letterhead)
PRESS RELEASE
For Immediate Release
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Contact:
Glenn H. Weaver, President
PennRock Financial Services Corp.
(717) 354-4541
BLUE BALL, PENNSYLVANIA, June 11, 1996 -- PennRock Financial Services Corp., the
parent bank holding company of Blue Ball National Bank, today announced that its
Board of Directors has authorized a 12 month extension of the stock repurchase
program adopted in June of 1995. Under that program, PennRock is authorized to
repurchase up to 200,000 shares of its $2.50 par value common stock, or
approximately 3.3% of such shares outstanding. PennRock has repurchased
approximately 76,000 shares since the program was adopted last year.
The repurchases are authorized to be made from time to time in open market or
privately negotiated transactions during the next year. According to Executive
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 $550 million. Its wholly-owned subsidiary,
Blue Ball National Bank, operates 12 banking offices in Lancaster, Berks and
Chester Counties, Pennsylvania.
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