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.
(Exact name of registrant specified in its charter)
PENNSYLVANIA 0-19345 25-1659846
(State or other jurisdiction (Commission (I.R.S. Employer
jurisdiction of incorporation File Number) Identification Number)
or organization)
600 Lawrence Avenue
ELLWOOD CITY, PENNSYLVANIA 16117
(Address of principal executive offices) (Zip Code)
(412) 758-5584
(Registrant's telephone number, including area code)
<PAGE>
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 September 18, 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 September 18, 1996.
<PAGE>
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: September 18, 1996 By:/S/ CHARLOTTE A. ZUSCHLAG
Charlotte A. Zuschlag
President & Chief Executive Officer
(Principal Executive Officer)
EXHIBIT 1
PRESS RELEASE
<PAGE>
P R E S S R E L E A S E
RELEASE DATE: CONTACT:
September 18, 1996 Frank D. Martz
Senior Vice President
of Operations and Secretary
(412) 758-5584
PENNFIRST BANCORP, INC. ANNOUNCES CASH DIVIDEND
PennFirst Bancorp, Inc. announced today that its Board of
Directors at its meeting on September 17, 1996 declared a quarterly
cash dividend of $.09 on the Common Stock of PennFirst Bancorp, Inc.
payable on October 25, 1996 to the stockholders of record at the
close of business on September 30, 1996.
PennFirst Bancorp, Inc. is the parent Holding Company of ESB
Bank, F.S.B.
In announcing the scheduled cash dividend, Charlotte A.
Zuschlag, President and Chief Executive Officer, noted the Company's
favorable results of operations for the three months ended June 30,
1996. The Company reported net income for the three month period
ended June 30, 1996 of $1.1 million or $.27 a share. This
announcement reflects the Company's policy of declaring a regular
quarterly cash dividend of $.09 per share, which represents the
twenty-fifth consecutive quarter of declaring such a dividend. This
quarterly cash dividend equates to an annual cash dividend of $.36
per share.
-End-
