<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
PENNFIRST BANCORP, INC.
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(EXACT NAME OF REGISTRANT SPECIFIED IN ITS CHARTER)
<TABLE>
<S> <C> <C>
PENNSYLVANIA 0-19345 25-1659846
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(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NUMBER)
600 LAWRENCE AVENUE
ELLWOOD CITY, PENNSYLVANIA 16117
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
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(412) 758-5584
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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PennFirst Bancorp, Inc.
Form 8-K
Page 2
ITEM 5. OTHER EVENTS
The information to be reported herein is incorporated by reference
from the press release, dated May 21, 1996, filed as Exhibit 1 to this Form
8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
1 Press release dated May 21, 1996.
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PennFirst Bancorp, Inc.
Form 8-K
Page 3
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 thereunto duly authorized.
PENNFIRST BANCORP, INC.
(Registrant)
Date: May 21, 1996 By:/s/ Charlotte A. Zuschlag
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Charlotte A. Zuschlag
President & Chief Executive Officer
(Principal Executive Officer)
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EXHIBIT 1
PRESS RELEASE
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P R E S S R E L E A S E
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RELEASE DATE: CONTACT:
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May 21,1996 Frank D. Martz
Senior Vice President
of Operations and Secretary
(412) 758-5584
PENNFIRST BANCORP, INC. ANNOUNCES SPECIAL CASH DIVIDEND
PennFirst Bancorp, Inc. announced today that its Board of Directors
at its meeting on May 21, 1996 declared a special cash dividend of $.50 per
share on the Common Stock of PennFirst Bancorp, Inc. payable on June 25, 1996
to the stockholders of record at the close of business on May 31, 1996.
PennFirst Bancorp, Inc. is the parent Holding Company of ESB Bank,
F.S.B.
In announcing the special $.50 cash dividend, Charlotte A.
Zuschlag, President and Chief Executive Officer, stated that this special cash
dividend is paid in an effort to reward stockholders for the Company's
continued earnings growth. Ms. Zuschlag also noted the Company's favorable
results of operations for the three months ended March 31, 1996. The Company
reported net income for the three month period ended March 31, 1996 of
$1,015,000 or $.25 per share. This announcement does not change the Company's
policy of declaring a regular quarterly cash dividend of $.09 per share.
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