<PAGE>
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
APRIL 20, 2000
Date of Report (Date of earliest event reported):
FIRST COMMUNITY FINANCIAL GROUP, INC.
(Exact name of registrant as specified in its charter)
WASHINGTON 0-24024 91-1277503
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
721 COLLEGE AVENUE, P.O. BOX 3800, LACEY, WASHINGTON 98509-3800
(Address of principal executive offices - zip code)
Registrant's telephone number, including area code: (360) 459-1100
NOT APPLICABLE
(Former Name or Former Address, If Changed Since Last Report)
<PAGE>
ITEM 5 - OTHER EVENTS
On April 20, 2000, First Community Financial Group, Inc. (the
"Company") announced that its Board of Directors has authorized a stock
repurchase program. Under the program, the Company will buy up to 40,000 shares
of its common stock, or approximately 1.8% of the total common shares currently
outstanding, through open market transactions, block purchases, or through
privately negotiated transactions.
ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements. Not applicable.
(b) Pro forma financial information. Not applicable.
(c) Exhibits:
(99) Press Release dated April 20, 2000
2
<PAGE>
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: April 20, 2000
FIRST COMMUNITY FINANCIAL GROUP, INC.
By: /s/ Ken F. Parsons
-------------------------------------
Ken F. Parsons
Chief Executive Officer and President
3
<PAGE>
EXHIBIT 99
COMPANY PRESS RELEASE
Thursday, April 20, 2000
For Immediate Release
Contact: James F. Arneson, Chief Financial Officer
(360) 459-1100
(360) 459-0137 fax
FIRST COMMUNITY FINANCIAL GROUP
ANNOUNCES STOCK REPURCHASE PLAN
LACEY, WA. -- April 20, 2000--First Community Financial Group, Inc.
announced today that its board of directors has authorized a stock repurchase
program. Under the program the company will buy up to 40,000 shares of the
company's common stock or approximately 1.8% of the total common shares
currently outstanding. The stock repurchase program authorizes the company to
make scheduled purchases over time through or through privately negotiated
transactions. The planned repurchases will be limited by federal securities
laws, as well as other parameters. The company intends to use existing funds to
finance the repurchases.
First Community Financial Group is the parent company of First
Community Bank. FCB, with 16 offices in four western Washington counties, offers
a full spectrum of financial services including commercial, construction,
residential and consumer lending, deposit products and other banking services.
The bank also provides a broad range of investment services through its
subsidiary FCB Financial Services, Inc. Further information about the bank may
be found at www.fcbonline.com.
Certain statements contained herein may constitute forward-looking
statements within the meaning of the federal securities laws. Actual results and
the timing of certain events could differ materially from those projected in the
forward-looking statements due to a number of factors. Such risks and
uncertainties with respect to the Company include those related to the economic
environment, particularly in the region in which the Company operates,
competitive products and pricing, fiscal and monetary policies of the federal
government, changes in government regulations affecting financial institutions,
including regulatory fees and capital requirements, changes in prevailing
interest rates, acquisitions and the integration of acquired businesses, credit
risk management and asset/liability management, the financial and securities
markets and the availability of and costs associated with sources of liquidity.
