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UNITED STATES OF AMERICA
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): January 10, 1997
First Financial Bancorp, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-2394 36-3899034
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(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
Registrant's telephone number, including area code: (815) 544-3167
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
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On January 10, 1997, the Registrant announced the adoption of a Director
Emeritus Program and that Morton I. Silver, a member of the Board of Directors
has retired and agreed to become the first Director Emeritus of the
Registrant. The Registrant also announced the nomination of James V. Twyning
to the Board of Directors to replace Morton I. Silver.
Item 7. Financial Statements and Exibits
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(a) Exhibits
1. Press Release, dated January 10, 1997.
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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, hereunto duly authorized.
FIRST FINANCIAL BANCORP, INC.
DATE: January 10, 1997 By: /c/ Steven C. Derr
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Steven C. Derr, President and
Chief Executive Officer
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EXHIBIT 1
Press Release
dated January 10, 1997
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FIRST FEDERAL SAVINGS BANK
FOR IMMEDIATE RELEASE
CONTACT: STEVEN C. DERR
PRESIDENT AND CHIEF EXECUTIVE OFFICER
(815) 544-3167
FIRST FEDERAL SAVINGS BANK ADOPTS
DIRECTOR EMERITUS PLAN AND APPOINTS NEW DIRECTOR
Belvidere, Illinois - January 10, 1997. First Federal Savings Bank today
announced that is has adopted a Director Emeritus Program and that Morton I.
Silver, a member of the Board of Directors, has retired and agreed to become
the first Director Emeritus of the Bank. Steve Derr, President and Chief
Executive Officer of the Bank, said, "we are very pleased that Mort, after 17
years of service on our Board of Directors, has agreed to continue to serve
the Bank in his new role as a Director Emeritus. We believe the program will
enable us to continue to make use of the talents and experience of directors
like Mort in the years to come."
Mr. Derr also announced that the Board of Directors has appointed James V.
Twyning as Mr. Silver's successor on the Board of Directors of the Bank and
First Financial Bancorp, Inc., the Bank's holding company. Mr. Twyning, a
long-time resident of Belvidere and Rockford, is a graduate of the University
of Illinois and a certified publice accountant. He currently is Financial
Vice President and part owner of Northern National Lease & Freightliner of
Rockford, a truck leasing company based in Rockford, Illinois.
First Federal Savings Bank, a federally charted savings institution
headquartered in Belvidere, Illinois, has two full service offices located in
Belvidere, Illinois and origination office located in Rockford, Illinois. At
September 30, 1996, First Financial Bancorp, Inc. had total assets of $97.1
million dollars, total deposits of $65.9 million dollars and stockholders'
equity of $7.5 million dollars.