<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 FEBRUARY 21, 1997
(Date of earliest event reported)
STANDARD FINANCIAL, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-24082 36-3941870
(Commission File Number) (I.R.S. Employer Identification Number)
800 BURR RIDGE PARKWAY, BURR RIDGE, ILLINOIS 60521
(Address of principal executive offices) (Zip Code)
(630) 986-4900
(Registrant's telephone number, including area code)
- --------------------------------------------------------------------------------
<PAGE>
ITEM 5. OTHER EVENTS
On January 27, 1997, Standard Financial, Inc. (the "Registrant") announced
through a press release that it had completed the repurchase of 235,000 shares
of its common stock in open market transactions. For more information regarding
this matter, reference is made to the press release, a copy of which is attached
hereto as Exhibit 99.1.
On February 17, 1997, the Registrant announced through a press release that
it had received permission from the Office of Thrift Supervision to repurchase
an additional 10% of its outstanding common stock. For more information
regarding this matter, reference is made to the press release, a copy of which
is attached hereto as Exhibit 99.2.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Exhibit No.
-----------
99.1 Press release dated January 27, 1997
99.2 Press release dated February 17, 1997
<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 hereunto duly authorized.
STANDARD FINANCIAL, INC.
Dated: February 21, 1997 By: /s/ Randall R. Schwartz
--------------------------------
Randall R. Schwartz
Vice President and General Counsel
2
<PAGE>
[LETTERHEAD]
FOR FURTHER INFORMATION:
AT STANDARD FINANCIAL: AT THE FINANCIAL RELATIONS BOARD:
Thomas Ryan General Inquiries Analyst Inquiries
Executive VP/CFO/COO Bill Murphy Brendan Fitzpatrick
(630) 986-7833 (312) 266-7800 (312) 266-7800
FOR IMMEDIATE RELEASE
JANUARY 27, 1997
STANDARD FINANCIAL SHARE REPURCHASE
AUTHORIZATION EXPIRES
CHICAGO, IL JANUARY 27, 1997 -- STANDARD FINANCIAL, INC. (NASDAQ:STND), the
holding company for Standard Federal Bank for savings of Chicago, today
announced that the current share repurchase authorization approved by the
Company's Board of Directors on July 24, 1996 expired on January 24, 1997.
In accordance with the parameters set by the Board of Directors,
235,000 shares were repurchased from time to time, since the repurchase was
authorized, at the prevailing market price. The purchased stock will be
used to fulfill the Company's obligation under a variety of its benefit
plans and for general corporate purposes. After the completion of the
repurchase, the Company had 16,173,235 million shares of common stock
outstanding.
Headquartered in Chicago, Standard Financial, Inc. is a
community-oriented institution offering a variety of retail financial
services to meet the needs of the communities it serves. The bank operates
14 full-service offices on the southwest side of Chicago and in the nearby
southwestern and western suburbs.
FOR MORE INFORMATION ON STANDARD FINANCIAL, INC. VIA FACSIMILE AT NO
ADDITIONAL COST, SIMPLY DIAL 1-800-PRO-INFO AND SELECT COMPANY CODE
NUMBER 186 OR TICKER SYMBOL STND.
-30-
<PAGE>
[LETTERHEAD]
FOR FURTHER INFORMATION:
AT STANDARD FINANCIAL: AT THE FINANCIAL RELATIONS BOARD:
Randall R. Schwartz General Inquiries Analyst Inquiries
VP/General Counsel Bill Murphy Brendan Fitzpatrick
(630) 986-7836 (312) 266-7800 (312) 266-7800
FOR IMMEDIATE RELEASE
FEBRUARY 17, 1997
STANDARD FINANCIAL APPROVED FOR SHARE REPURCHASE PROGRAM
CHICAGO, FEBRUARY 17, 1997 -- STANDARD FINANCIAL, INC. (NASDAQ:STND), the
holding company for Standard Federal Bank for savings of Chicago, today
announced that it has received approval from the Department of the
Treasury, Office of Thrift Supervision to repurchase up to 10% of the
Company's outstanding common shares over the next six months. The Company
currently has 16,173,235 shares of common stock outstanding.
The purchased stock will be used to fulfill the Company's obligation
under a variety of its benefit plans and for general corporate purposes.
"This repurchase of up to 10% of the Company's outstanding common
stock is an effective use of our cash that we believe will have a positive
impact on the value of our shareholders' investment," said David
Mackiewich, chairman and president.
Headquartered in Chicago, Standard Financial is a community-oriented
institution offering a variety of retail financial services to meet the
needs of the communities it serves. The bank currently operates 14
full-service offices in the nearby southwestern and western suburbs and on
the southwest side of Chicago.
FOR MORE INFORMATION ON STANDARD FINANCIAL, INC. VIA FACSIMILE AT NO
ADDITIONAL COST, DIAL 1-800-PRO-INFO AND SELECT COMPANY CODE 186.
