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)
June 30, 2000
EAST TEXAS FINANCIAL SERVICES, INC.
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(Exact name of Registrant as specified in its Charter)
Delaware 0-24848 75-2559089
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation Number)
1200 South Beckham Avenue, Tyler, Texas 75701-3319
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (903) 593-1767
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N/A
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(Former name or former address, if changed since last report)
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Item 2. Acquisition or Disposition of Assets.
On June 30, 2000, East Texas Financial Services, Inc. ("East Texas")
completed its acquisition of Gilmer Financial Services, Inc. ("Gilmer"). The
merger was consummated pursuant to an Agreement and Plan of Merger, dated as of
November 15, 1999, as amended as of April 25, 2000. The consideration for the
Merger was determined by arms-length negotiations between the parties. East
Texas financed the acquisition with FHLB borrowings under existing lines of
credit.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of businesses acquired.
It is impracticable, as of the date hereof, to provide the
financial statements required by Form 8-K. Such financial
statements will be filed under cover of Form 8-K/A as soon as
practicable, but in no event later than September 13, 2000.
(b) Pro forma financial information
It is impracticable, as of the date hereof, to provide the pro
forma financial information required by Form 8-K. Such pro forma
financial information will be filed under cover of Form 8-K/A as
soon as practicable, but in no event later than September 13,
2000.
(c) Exhibits
2.1 Agreement and Plan of Merger, dated as of November 15, 1999
(incorporated by reference to Exhibit 2 to East Texas's Current
Report on Form 8-K filed with the SEC on November 18, 1999).
2.2 Amendment to Agreement and Plan of Merger, dated as of April 25,
2000.
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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 thereunto duly authorized.
EAST TEXAS FINANCIAL SERVICES, INC.
Date: July 14, 2000 By: /s/ Gerald W. Free
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Gerald W. Free
Vice Chairman, President and CEO
