<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
Date of Report (Date of earliest event reported)
September 20, 1996
FORT BEND HOLDING CORP.
- --------------------------------------------------------------------------------
(Exact name of Registrant as specified in its Charter)
DELAWARE 0-21328 76-0391720
- --------------------------------------------------------------------------------
(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
3400 AVENUE H. ROSENBERG, TEXAS 77471-3808
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 342-5571
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
1
<PAGE>
Item 5. Other Events
- -----------------------------
On September 30, 1996, the Registrant issued the press release attached
as Exhibit 99 announcing the Stock Repurchase Program.
The foregoing information does not purport to be complete and is
qualified in its entirety by reference to the Exhibit to this Report.
Item 7. Financial Statements and Exhibits
- -------------------------------------------------
(c) Exhibits
The Exhibit referred to in Item 5 of this Report and listed on
the accompanying Exhibit Index is filed as part of this Report and is
incorporated herein by reference.
2
<PAGE>
EXHIBIT
NUMBER DESCRIPTION
99 Press release, dated September 20, 1996
3
<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 thereunto duly authorized.
FORT BEND HOLDING CORP.
Date: September 30, 1996 By: /s/ Lane Ward
------------------------
Lane Ward
Vice Chairman, President and
Chief Executive Officer
4
<PAGE>
For Immediate Release For More Information, contact:
Date: September 20, 1996 Lane Ward, President and
Chief Executive Officer
at (713)342-5571
FORT BEND HOLDING CORP. ANNOUNCES
STOCK REPURCHASE PROGRAM
ROSENBERG, TEXAS, September 20, 1996 - Fort Bend Holding Corp. (Nasdaq - FBHC),
holding company for Fort Bend Federal Savings and Loan Association of Rosenberg,
announced its intention today to repurchase up to 5% of its outstanding shares,
or approximately 40,960 shares, in the open market, commencing on or after
September 25, 1996. The number of shares to be purchased and the price to be
paid will depend upon the availability of shares and the prevailing market
prices and other considerations which may, in the opinion of the Board of
Directors or management, affect the advisability of purchasing FBHC shares.
Lane Ward, President and Chief Executive Officer, indicated that the Board of
Directors approved the repurchase program in view of the current price level of
the Corporation's common stock and the strong capital position of the
Corporation and its subsidiary, Fort Bend Federal Savings and Loan Association
of Rosenberg. Ward stated that the Board of Directors determined that the
repurchase of shares in the open market was in the best interest of FBHC and its
shareholders.
Since the company completed its conversion to a publicly-owned stock company on
June 30, 1993 at $10.00 per share, the stock has traded between $10.375 and
$20.25 closing at $17.25 on September 20, 1996. At June 30, 1996 the
Corporation had $254.7 million in assets and stockholders' equity of $18.0
million. The Book Value per share at June 30, 1996 was $21.98. On that date,
the Corporation had 819,198 shares outstanding which are quoted on the Nasdaq
System under the symbol "FBHC"
Contact: Lane Ward, President and Chief Executive Officer, of Fort Bend Holding
Corp. (713)342-5571
