SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (FEE REQUIRED)
For the fiscal year ended December 31, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
For the transition period from _______________ to _______________
Commission File No. 0-22850
JEFFBANKS, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania 23-2189480
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1609 Walnut Street
Philadelphia, PA 19103
(Address of registrant's (Zip Code)
principal executive officers)
Registrant's telephone number, including area code: (215) 564-5040
----------------
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
Securities registered pursuant to Section 12(g) of the Act:
Common Stock
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports
to be filed by Section 13 or Section 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
----- -----
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K (ss.229.405 of this chapter) is not contained herein,
and will not be contained, to the best of the registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part II
of this Form 10-K or any amendment to this Form 10-K. [ ]
Aggregate market value of the voting stock held by non-affiliates of
the registrant, based upon closing sale price as quoted on NASDAQ National
Market on February 28, 1997: $113,152,864.
(APPLICABLE ONLY TO CORPORATE REGISTRANTS)
Indicating the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date: 4,734,861 shares as
of March 15, 1997.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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, in the City of
Philadelphia, Commonwealth of Pennsylvania on March 19, 1997.
JEFFBANKS, INC.
By:/s/BETSY Z. COHEN
Betsy Z. Cohen
Chairperson of the Board
(Chief Executive Officer)
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed by the following persons on behalf of the registrant and in the
capacities and on the dates indicated.
/s/BETSY Z. COHEN Date:MARCH 19, 1997
BETSY Z. COHEN, Chairperson
of the Board, Chief Executive
Officer and Director
(Chief Executive Officer)
/s/EDWARD E. COHEN Date:MARCH 19, 1997
EDWARD E. COHEN, Chairman
of the Executive Committee
and Director
/s/ROBERT J. COLEMAN Date:MARCH 19, 1997
ROBERT J. COLEMAN, Director
/s/PAUL FRENKIEL Date:MARCH 19, 1997
PAUL FRENKIEL, Senior Vice
President - Finance, Chief Financial
Officer and Controller ( Chief
Financial and Accounting Officer)
/s/JOHN G. HOOPES Date:MARCH 19, 1997
JOHN G. HOOPES, Director
/s/HERSH KOZLOV Date:MARCH 19, 1997
HERSH KOZLOV, Director
/s/WILLIAM H. LAMB Date:MARCH 19, 1997
WILLIAM H. LAMB, Director
_________________________________ Date: , 1997
ARTHUR MAKADON, Director
_________________________________ Date: , 1997
P. SHERRILL NEFF, Director
/s/JAMES R. SIBEL Date:MARCH 19, 1997
JAMES R. SIBEL, Chief Credit
Officer and Director
/s/HARMON S. SPOLAN Date:MARCH 19, 1997
HARMON S. SPOLAN, President
and Director
/s/WILLIAM D. WHITE Date:MARCH 19, 1997
WILLIAM D. WHITE, Director
