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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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) March 18, 1999
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AMERICORP
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(Exact name of Registrant as specified in its charter)
CALIFORNIA 033-18392 77-0164985
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(State or other jurisdiction (File number) (I.R.S. Employer
of incorporation) Identification No.)
304 East Main Street, Ventura, CA 93001
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (805) 658-6633
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(Former name or former address, if changed since last report)
Page 1 of 5 pages
Exhibit Index page 3
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ITEM 5. OTHER EVENT
On March 18, 1999, the Board of Directors of Americorp declared a
two-for-one stock split of its outstanding shares of common stock. The
record date for the split is April 15, 1999 and the split will be distributed
on May 8, 1999. A press release relating to such stock split is attached as
an exhibit to this report.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99 Press Release of March 18, 1999
SIGNATURES
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.
Dated: March 18, 1999 AMERICORP
By: /s/ Gerald J. Lukiewski
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Gerald J. Lukiewski
President
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EXHIBIT INDEX
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Exhibit No. Description Page No.
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99 Press Release of March 18, 1999
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CONTACT GERALD J. LUKIEWSKI
American Commercial Bank
Phone 805-658-6833 X14
FAx 805-658-6638
PRESS RELEASE
AMERICORP ANNOUNCES STOCK SPLIT & DIVIDEND DECLARATION
OXNARD, MARCH 18, 1999: At their regularly scheduled meeting held today,
the Board of Directors of Americorp, the holding company for American
Commercial Bank, declared a $0.21 per share cash dividend to shareholders of
record on March 18th, 1999, payable on April 9th, 1999.
In addition, the Board also approved a 2 for 1 stock split to
shareholders of record on April 15th, 1999, with a payable date of May 6,
1999. Pursuant to the split, shareholders will receive one additional share
of Americorp stock for every share they own on April 15, 1999.
President & CEO Gerald J. Lukiewski commented that the bank "is
continuing to enjoy the benefits of a strong local economy which contributed
to the decision to compensate our shareholders with this record 62nd
consecutive cash dividend." Lukiewski added that "ACB has been locally owned
and operated for the past 26 years and the announced stock split will continue
to enable the small investor to remain a vital part of our institution."
American Commercial Bank, the largest Community Bank with headquarters
in Ventura County, recently grew to over $245 Million in Assets. The bank
operates full
FOR RELEASE 11 A.M. PST, MARCH 18, 1999 MORE
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Blue Sky Games Enhanced With Two New Additions
service commercial branches in Ventura, Oxnard and Camarillo along with a
Mortgage Loan Division serving all of Ventura County.
