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) November 24, 1998
COVEST BANCSHARES, INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-20160 36-3820609
(State or other (Commission File No.) (IRS Employer
jurisdiction of Number)
incorporation)
749 Lee Street, Des Plaines, llinois 60016
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) 847-294-6500
Item 5. Other Events
On November 24, 1998, the Company issued a press release pertaining to a
regular quarterly dividend. The text of the press release is attached hereto
as Exhibit 99.1
Exhibit 99.1
Des Plaines, IL. November 24, 1998 - 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 an $.08 per
share regular quarterly dividend. This dividend, which is the
16th consecutive regular quarterly dividend, will be payable on December 31,
1998 to holders of record on December 15, 1998.
As of September 30, 1998, CoVest Bancshares had consolidated assets of
$581 million. The Bank operates three full-service offices in Arlington
Heights, Des Plaines, and Schaumburg, and loan production offices
in McHenry and Aurora, Illinois.
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 hereunto duly authorized.
Dated: November 24, 1998
COVEST BANCSHARES, INC.
By:/s/ R. Kennedy Alger
R. Kennedy Alger
Executive Vice President
By:/s/ Paul A. Larsen
Paul A. Larsen
Senior Vice President and
Chief Financial Officer
