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
September 16, 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 September 16, 1998 the registrant announced that its Board of
Directors has declared a special cash dividend of 50 cents per share to
stockholders of record as of October 5, 1998.
For further details, reference is made to the press release dated
September 16, 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 September 16, 1998
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused the report to be signed on its behalf by the
undersigned, thereunto duly authorized.
GUTHRIE SAVINGS, INC.
Date: September 16, 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
September 16, 1998
Guthrie Savings, Inc.
Cash Dividend
Guthrie, Oklahoma -- 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 October 5 1998, payable
October 15, 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 August 31, 1998, Guthrie
Savings, Inc. had total assets and stockholders' equity of $48,484,218 and
$7,630,208, respectively.
The common stock of the Corporation is traded in the over-the-counter
market.
