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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): May 9, 1996
KENTUCKY FIRST BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-13904 61-1281483
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
306 North Main Street, Cynthiana, Kentucky 41031-1210
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (606) 234-1440
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Item 4. Changes in Registrant's Certifying Accountant.
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On May 9, 1996, Kentucky First Bancorp, Inc. (the "Registrant"), with the
approval of the Board of Directors, decided to dismiss the Registrant's
independent public auditors, England & Hensley, Certified Public Accountants,
and to engage Grant Thornton LLP. England & Hensley served as the Registrant's
independent public auditors from 1986 through the fiscal period ended June 30,
1995. The Board of Directors' decision to engage Grant Thornton LLP is based on
the resources of that firm's community-based financial institution practice.
England & Hensley reports on the financial statements of the Registrant for the
past two fiscal years and for the interim period through the date hereof did not
contain any adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope or accounting principles. There have
not been any disagreements between the Registrant and England & Hensley on any
matter of accounting principles or practices, consolidated financial statement
disclosure or audit scope or procedure. None of the events set forth in Item
304(a)(1)(iv)(A)-(E) of Regulation S-B occurred within the Registrant's two most
recently completed fiscal years or the subsequent interim period preceding the
dismissal.
Grant Thornton LLP has been engaged as the Registrant's independent public
auditors effective immediately. The Registrant has not requested or obtained
any advice from Grant Thornton LLP concerning any material accounting, auditing
or financial reporting issue regarding the application of accounting principles
to a specified transaction or the type of audit opinions that might be rendered
on the Registrant's consolidated financial statements. The Registrant has
consulted with Grant Thornton LLP regarding the tax consequences attendant to a
Private Letter Ruling Request as filed with the Internal Revenue Service. A
copy of a letter from England & Hensley in response to this item is attached
hereto as Exhibit 16.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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Exhibit 16 Letter From England and Hensley, Certified Public Accountants,
the Registrant's Former Accountant
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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 hereunto duly authorized.
KENTUCKY FIRST BANCORP, INC.
By: /s/ Betty J. Long
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Betty J. Long
President and Chief Executive Officer
Date: May 13, 1996
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Exhibit 16
[LETTERHEAD OF ENGLAND & HENSLEY APPEARS HERE]
May 13, 1996
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read and agreed with the comments in Item 4 of Form 8-K of
Kentucky First Bancorp, Inc. dated May 9, 1996.
Sincerely,
/s/ ENGLAND & HENSLEY
England & Hensley, CPAs
