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
January 26, 1998
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Guthrie Savings, Inc.
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(Exact name of Registrant as specified in its Charter)
Delaware 0-24468 73-1452383
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(State or other Jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification Number)
120 North Division, Guthrie, Oklahoma 73044
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (405) 282-2201
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Not Applicable
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(Former name of former address, if changed since last Report)
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GUTHRIE SAVINGS, INC.
INFORMATION TO BE INCLUDED IN REPORT
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Item 5. Other Events
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On January 26, 1998 the registrant announced that its Board of
Directors has declared a special cash dividend of $.50 per share to stockholders
of record as of February 3, 1998.
For further details, reference is made to the press release dated
January 26, 1998, which is attached hereto as Exhibit 99 and incorporated herein
by this reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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Exhibit 99 -- Press Release dated January 26, 1998
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused the report to be signed on its vehalf by the
undersigned, thereunto duly authorized.
GUTHRIE SAVINGS, INC.
Date: January 26, 1998 By: /s/ William L. Cunningham
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William L. Cunningham
President
Press Release
Contact: William L. Cunningham
(405) 282-2201
For Immediate Release
January 26, 1998
Guthrie Savings, Inc.
Cash Dividend
Guthrie, Oklahoma --January 26, 1998-- William L. Cunningham,
President, of Guthrie Savings, Inc. (the "Corporation"), Guthrie, Oklahoma, the
holding company of Guthrie Federal Savings Bank (the "Bank"), announced today
that the Corporation's Board of Directors has declared a special cash dividend
of .50(cent) per share to stockholders of record as of February 3, 1998.
Mr. Cunningham indicated that the cash dividend is being paid as a
result of continued profitability of the Corporation and the Bank, its wholly
owned subsidiary. The payment of future dividends will be subject to the Board's
periodic review of the financial condition, earnings, and capital requirements
of the Company and the Bank.
The Bank is a federally chartered stock savings association
headquartered in Guthrie, Oklahoma. The Bank's deposits are federally insured by
the Federal Deposit Insurance Corporation ("FDIC"). On December 31, 1997,
Guthrie Savings, Inc. had total assets and stockholders' equity of $46,955,755
and $7,483,048, respectively.
The common stock of the Corporation is traded in the over-the-counter
market.
