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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 18, 1998
MBLA FINANCIAL CORPORATION
(Exact Name of Registrant as specified in its Charter)
Delaware 0-21482 43-1637679
(State or other Jurisdiction (SEC File No.) (IRS Employer or
of Incorporation) Identification No.)
101 Vine Street, Macon, Missouri 63552
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (660) 385-2122
NOT APPLICABLE
(Former name or former address, if changed since last Report)
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MBLA FINANCIAL CORPORATION
INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Information
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On November 18, 1998, the Registrant issued the press release
attached hereto as Exhibit 21 and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
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Exhibit 21 -- Press Release dated November 18, 1998.
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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.
MBLA FINANCIAL CORPORATION
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(Registrant)
By: /s/ John T. Neer
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John T. Neer
President and Chief Executive Officer
Dated: November 18, 1998
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FOR IMMEDIATE RELEASE
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For additional information, contact: Clyde D. Smith
Chief Financial Officer
MBLA Financial Corporation
Telephone (660) 385-2122
MBLA FINANCIAL CORPORATION
REPORTS FIRST QUARTER EARNINGS
FOR PERIOD ENDED SEPTEMBER 30, 1998
Macon, Missouri, November 18, 1998 -- MBLA Financial Corporation, the
holding company of Macon Building and Loan Association, today announced net
income of $493,000 for the first quarter ended September 30, 1998 as compared
to $505,000 for the comparable quarter ended September 30, 1997. Basic
earnings per share were 40 cents per share for the quarter ended September 30,
1998 as compared to 40 cents per share for the quarter ended September 30,
1997.
MBLA Financial Corporation consolidated assets on September 30, 1998 were
$208.720 million as compared to $203.228 million at June 30, 1998.
Stockholders' equity of the company was $28.390 million at September 30, 1998
as compared to $27.841 million at June 30, 1998. Stockholders' equity
represents 13.60% of assets.
Net income for the year ended June 30, 1998 was $1.884 million as compared to
net income of $1.441 million for the year ended June 30, 1997. Basic earnings
per share were $1.52 for the year ended June 30, 1998 and $1.11 for the year
ended June 30, 1997.
MBLA Financial Corporation is the holding company for Macon Building and Loan
Association. The main office is located in Macon, Missouri with a branch
location in Moberly, Missouri.
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