SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) August 26,1997
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COVEST BANCSHARES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-20160 36-3820609
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
749 Lee Street, Des Plaines, Illinois 60016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (847) 294-6500
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Item 5. Other Events
On Tuesday, August 26, 1997, the Company issued a press release pertaining
to a regular quarterly dividend. A copy of the press release announcing
the above, dated August 26, 1997, is attached hereto as Exhibit 99.1.
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.
Dated: August 26, 1997
COVEST BANCSHARES, INC.
By: /s/ Larry G. Gillie
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Name: Larry G. Gillie
Title: President &
Chief Executive Officer
By: /s/ Paul A. Larsen
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Name: Paul A. Larsen
Title: Senior Vice President &
Chief Financial Officer
EXHIBIT 99.1
DES PLAINES, Il, August 26, 1997 -- CoVest Bancshares, Inc.
(NASDAQ/COVB), the holding company for CoVest Banc, Des Plaines,
Illinois, announced today that the Company's Board of Directors
has declared a $.10 per share regular quarterly dividend. This
dividend, which is the eleventh consecutive regular quarterly dividend,
will be payable on September 30, 1997 to holders of record on
September 15, 1997.
As of June 30, 1997, CoVest Bancshares, Inc. had consolidated
assets of $536.4 million, and the Bank operates three full-service
offices in Arlington Heights, Des Plaines and Schaumburg.
