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): January 8, 1999
FINANCIAL BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-18126 06-1391814
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
42-25 Queens Boulevard
Long Island City, NY 11104
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(Address of principal executive offices) (Zip Code)
(718) 729-5002
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On January 8,1999, Financial Bancorp, Inc. (the "Company") issued
a press release announcing the declaration by its Board of Directors of a
special cash dividend of $1.00 per share payable to stockholders of record
as of January 21, 1999, the expected closing date of the Company's pending
merger with Dime Community Bancshares, Inc. The press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
99.1 Press Release issued by Financial Bancorp, Inc. on
January 8, 1999
SIGNATURE
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 hereunder duly authorized.
Dated: January 8, 1999
FINANCIAL BANCORP, INC.
By: /s/ Frank Latawiec
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Name: Frank Latawiec
Title: President
EXHIBIT INDEX
Exhibit
Number Description
99.1 Press Release issued by Financial Bancorp, Inc. on January 8,
1999
EXHIBIT 99.1
FINANCIAL BANCORP, INC.
42-25 Queens Boulevard
Long Island City, NY 11104
Telephone: (718) 729-5002
Telefax: (718) 937-6326
PRESS RELEASE
RELEASE DATE: January 8, 1999 CONTACT: P. James O'Gorman
(718) 729-5002
FINANCIAL BANCORP BOARD OF DIRECTORS DECLARES
$1.00 PER SHARE SPECIAL DIVIDEND
LONG ISLAND CITY, N.Y., JANUARY 8, 1999 -- The board of directors of
Financial Bancorp, Inc. (Nasdaq: FIBC), the holding company for Financial
Federal Savings Bank, today declared a special cash dividend of $1.00 per
share payable to its stockholders of record immediately prior to the close
of business on January 21, 1999, the expected closing date of the Company's
pending merger with Dime Community Bancshares, Inc. The special dividend
is expected to be paid on or about February 4, 1999. Financial Bancorp,
Inc. stockholders who wish to receive the $1.00 special dividend must
either hold their shares through the closing date of the merger or submit
their shares along with the election materials to ChaseMellon Shareholder
Services, L.L.C., the exchange agent with respect to the merger.
Headquartered in Long Island City, New York, Financial Bancorp,
Inc. is the parent holding company of Financial Federal Savings Bank, an
FDIC-insured savings institution which operates five full service branches,
four in Queens and one in Brooklyn.
