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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): September 17, 1997
PENNFIRST BANCORP, INC.
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(EXACT NAME OF REGISTRANT SPECIFIED IN ITS CHARTER)
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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)
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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 September 17, 1997, filed as Exhibit 99 to this
Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99 Press release dated September 17, 1997.
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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: September 17, 1997 By:/s/ Charlotte A. Zuschlag
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Charlotte A. Zuschlag
President & Chief Executive Officer
(Principal Executive Officer)
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[PENNFIRST BANCORP, INC. LETTTERHEAD]
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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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September 17, 1997 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 16, 1997 declared a quarterly cash dividend of $.09 on
the Common Stock of PennFirst Bancorp, Inc. payable on October 24, 1997 to the
stockholders of record at the close of business on September 30, 1997.
PennFirst Bancorp, Inc. is the parent Holding Company of ESB Bank,
F.S.B. and Troy Hill Federal Savings Bank.
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, 1997. The Company recognized
net income for the three month period ended June 30, 1997 of $1.45 million or
$.30 per share. This announcement reflects the Company's policy of declaring a
regular quarterly cash dividend of $.09 per share, which represents the
twenty-ninth consecutive quarter of declaring such a dividend. This quarterly
cash dividend equates to an annual cash dividend of $.36 per share.
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