<PAGE> 1
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): JULY 1, 2000
------------
ANDOVER BANCORP, INC.
(Exact name of Registrant as specified in charter)
<TABLE>
<S> <C> <C>
DELAWARE 000-16358 04-2952665
------------------------ ------------------------------- -----------------------------
(State or other jurisdiction (Commission file number) (IRS employer
of incorporation) identification no.)
</TABLE>
61 MAIN STREET, ANDOVER, MASSACHUSETTS 01810
----------------------------------------------------
(Address of principal executive offices) (Zip Code)
(978) 749-2000
---------------------------------------------------
(Registrant's telephone number, including area code)
<PAGE> 2
Item 5 - Other Events
---------------------
On July 1, 2000, Andover Bancorp, Inc. ("Andover"), a Delaware
corporation, the holding company parent of Andover Bank, a
Massachusetts-chartered savings bank, completed its acquisition of GBT Bancorp
("GBT"), a Massachusetts corporation. GBT is the parent of Gloucester Bank and
Trust Company, a Massachusetts-chartered trust company.
For each outstanding share of GBT common stock, GBT shareholders may
receive shares of Andover Common Stock, cash or a combination thereof to the
extent available.
2
<PAGE> 3
Item 7 - Financial Statements, Pro Forma Financial Information and Exhibits
---------------------------------------------------------------------------
99.1 Text of Press Release issued by Andover Bancorp, Inc. on July 3, 2000.
3
<PAGE> 4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be filed on its behalf by
the undersigned thereunto duly authorized.
ANDOVER BANCORP, INC.
Dated: July 10, 2000 By: /s/ Joseph F. Casey
-------------------------------
Name: Joseph F. Casey
Title: Chief Financial Officer and Treasurer
By: /s/ Gerald T. Mulligan
-------------------------------
Name: Gerald T. Mulligan
Title: President and
Chief Executive Officer
4
<PAGE> 5
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
----------- -----------
99.1 Text of Press Release issued by Andover Bancorp, Inc. on July 3, 2000.
5