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): March 31, 1999
Vista Bancorp, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 0-21264 22-2870972
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) Id. No.)
305 Roseberry Street, P.O. Box 5360, Phillipsburg, New Jersey 08865
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (908) 859-9500
Former name or former address, if changed from last report: Not Applicable.
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VISTA BANCORP, INC.
FORM 8-K
Item 1. Changes in Control of Registrant
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
At the Registrant's Board Meeting of February 19, 1999, the directors
authorized the continuation of the Stock Buy-Back Plan with additional
purchases up to 100,000 shares of its issued and outstanding common
stock, from time to time, in open market purchases, through a licensed
broker-dealer in accordance with the terms, conditions and
restrictions contained in Rule 10b-18. Purchases will be made upon the
completion of the initial program that was adopted by the directors on
August 21, 1998.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
The press release of the Registrant with respect to the stock buy back
is attached hereto and incorporated by reference in its entirety
herein.
<PAGE>
Item 8. Change in fiscal year.
Not Applicable
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.
VISTA BANCORP, INC.
(Registrant)
Date: March 31, 1999 /s/ William F. Keefe
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William F. Keefe, Executive Vice
President and Chief Financial Officer
FOR IMMEDIATE RELEASE
For further information contact:
William F. Keefe, Exec. VP & CFO
(908) 859-9539
Jill A. Pursell, Asst. VP & Secretary
(908) 859-9559
VISTA CONTINUES ITS STOCK BUY BACK PROGRAM
Phillipsburg, New Jersey, March 31, 1999 --Vista Bancorp's (NASDAQ:VBNJ)
board of directors has announced the continuation of the Company's Stock
Buy-Back Plan and authorized an additional repurchase of 100,000 shares in the
aggregate of the company's common stock, in open market purchases from time to
time at the discretion of the Company's management. This announcement increases
the aggregate number of shares for repurchase to 200,000.
Vista intends to effect such purchases, if any, in compliance with the Rule
10b-18 under the Securities Exchange Act of 1934.
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Except for the historical information contained herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties, including the timely availability and acceptance of new products,
the impact of competitive products and pricing, the management of growth, and
the other risks detailed from time to time in the Company=s SEC reports,
including the report on Form 10-K for the period ended December 31, 1998.
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