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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)
August 22, 1997
FORT BEND HOLDING CORP.
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(Exact name of Registrant as specified in its Charter)
DELAWARE 0-21328 76-0391720
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification Number)
3400 AVENUE H, ROSENBERG, TEXAS 77471-3808
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (281) 342-5571
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On August 22, 1997, the Registrant issued the press release attached as
Exhibit 99 declaring a 2-for-1 split in the form of a 100% stock dividend.
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. Press Release
(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.
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EXHIBIT
NUMBER DESCRIPTION
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99 Press release, dated August 22, 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.
FORT BEND HOLDING CORP.
Date: August 25, 1997 By: /s/ Lane Ward
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Lane Ward
Vice Chairman, President
and Chief Executive Officer
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FORT BEND HOLDING CORP.
EXHIBIT 99
FOR IMMEDIATE RELEASE: AUGUST 22, 1997
FORT BEND HOLDING CORP. DECLARES 2-FOR-1 SPLIT
IN THE FORM OF A 100% PERCENT STOCK DIVIDEND
Rosenberg, Texas, August 22, 1997
(Nasdaq NMS:FBHC) - Lane Ward, Vice Chairman, President and Chief Executive
Officer of Fort Bend Holding Corp., Rosenberg, Texas, announced today that Fort
Bend Holding Corp. has declared a 2-for-1 stock split in the form of a 100%
stock dividend payable on or about October 1, 1997, to shareholders of record on
September 11, 1997. Under the terms of this stock split, in the form of a stock
dividend, Fort Bend Holding Corp.'s shareholders will receive a dividend of 1
share for every 1 share held on the record date. The dividend will be paid in
authorized but unissued shares of common stock of the Company.
The par value of Fort Bend Holding Corp.'s stock will not be affected by the
split and will remain at $.01 per share. The Company anticipates that the
outstanding shares of stock after the split will be increased from approximately
828,000 to approximately 1,656,000.
Mr. Ward stated that "the Board of Directors has declared this stock split to
reduce its price per share in order to increase its market liquidity for the
purpose of enhancing the securities' appeal to both private and institutional
investors."
Fort Bend Holding Corp. serves Fort Bend, Harris, Wharton, Waller and Montgomery
Counties in Southeast Texas through its subsidiary, Fort Bend Federal Savings
and Loan ("FBF") headquartered in Fort Bend County and FBF's subsidiary Mitchell
Mortgage Company, L.L.C. located in The Woodlands. Fort Bend Federal's market
area is located in the largest metropolitan area of Texas and the eighth largest
in the United States. The Corporation's stock is traded on the Nasdaq National
Market under the symbol "FBHC".
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For more information, contact:
Lane Ward, Vice Chairman, President and CEO at (281) 342-5571
