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 26, 1997
FFW CORPORATION
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(Exact name of Registrant as specified in its Charter)
Delaware 0 - 21170 35 - 1875502
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(State or other (Commission File No.) (IRS Employer
jurisdiction Identification
of incorporation) Number)
1205 N. Cass Street, Wabash, Indiana 46992 - 1027
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (219) 563 - 3185
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N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On November 26 , 1997, the Registrant issued the attached press
release.
Item 7. Financial Statements and Exhibits
(a) Exhibits
1. Press release, dated November 26, 1997.
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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.
FFW CORPORATION
Date: November 28, 1997 By: \s\ Nicholas M. George
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Nicholas M. George
President and Chief
Executive Officer
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PRESS RELEASE
FFW CORPORATION
1205 N Cass St.
Wabash, IN 46992
For Immediate Release
Wednesday, November 26, 1997
Contact: Charles E. Redman
FFW CORPORATION
(219) 563-3185
FFW CORPORATION
DECLARES A STOCK DIVIDEND
AND REGULAR CASH DIVIDEND
WABASH, INDIANA, (NASDAQ: "FFWC") FFW CORPORATION, the parent
corporation of First Federal Savings Bank of Wabash, has announced that the
Corporation will do a one-for-one stock split in the form of a 100% stock
dividend payable on or about December 31, 1997, to shareholders of record on
December 15, 1997. Under the terms of the stock split, FFW Corporation
shareholders will receive a dividend of one share for every share held on the
record date.
Nicholas M. George, President and CEO stated, "The Board of Directors
has declared this stock dividend in recognition of the recent financial
performance of the Corporation and investor interest in our stock." Mr. George
added that "the Board's action will increase the number of shares of FFW
Corporation's stock outstanding, making it easier for investors to purchase
stock.
Mr. George also announced the payment of the regular cash dividend of
$0.18 per share payable on December 31, 1997 to shareholders of record on
December 15, 1997. Mr. George stated that "the cash dividend will not reflect
the stock split for this quarter since the split is effective after the cash
dividend record date."
At October 31, 1997 the Corporation had assets of $182.8 million and
shareholders' equity of $17.8 million. The Corporation's stock is quoted on
NASDAQ Small Cap Market under the ticker symbol "FFWC". The Corporation's stock
last traded at $36.75 per share as of November 25, 1997.
