<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
<TABLE>
<CAPTION>
Date of Report (Date of earliest event reported) July 30, 1999
-------------------------------------------------
MATRIX BANCORP, INC.
- --------------------------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
<S> <C> <C>
COLORADO 0-21231 84-1233716
- --------------------------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1380 Lawrence Street, Suite 1400, Denver, Colorado 80204
- --------------------------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 595-9898
------------------------------------------------
None
- --------------------------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
</TABLE>
<PAGE>
Item 5. Other Events.
See Exhibit 99.1 to this Form 8-K.
<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.
Matrix Bancorp, Inc.
-------------------------------------------
(Registrant)
DATE: July 30, 1999 /s/ David W. Kloos
------------------------- -------------------------------------------
David W. Kloos
Vice President and Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Exhibit No. Description of Exhibit
- ----------- ----------------------
99.1 Matrix Bancorp, Inc. Press Release issued July 30, 1999.
<PAGE>
Exhibit 99.1
Matrix Bancorp, Inc. NEWS RELEASE
1380 Lawrence Street, Suite 1400
Denver, Colorado 80204 Contact: David Kloos
Chief Financial Officer
(303) 595-9898
For Immediate Release Friday, July 30, 1999
MATRIX BANCORP, INC. ANNOUNCES CLOSING OF
PUBLIC OFFERING OF $27.5 MILLION IN
TRUST PREFERRED SECURITIES BY
MATRIX BANCORP CAPITAL TRUST I
Denver, July 30, 1999 - Matrix Bancorp, Inc., (NASDAQ: MTXC), announced today
the closing of a public offering of 1,100,000 Trust Preferred Securities by
Matrix Bancorp Capital Trust I (NASDAQ: MTXCP), a statutory business trust
established by the Company in 1999 for the exclusive purpose of issuing and
selling trust securities and using the proceeds to purchase the Company's Junior
Subordinated Debentures. The underwriters have pending a 45-day option to
purchase an additional 165,000 Trust Preferred Securities pursuant to their
over-allotment option. The public offering price was $25.00 per Trust Preferred
Security with a coupon rate of 10.00%.
The offering was made through an underwriting group led by Tucker Anthony Cleary
Gull and U.S. Bancorp Piper Jaffray, Inc. Prior redemption is permitted under
certain circumstances, such as changes in tax or regulatory capital rules. The
Company intends to use the net proceeds from the sale of the junior subordinated
debentures to redeem its outstanding senior subordinated notes due July 15,
2002, to make capital contributions to certain of the Company's subsidiaries to
fund their operations, to redeem other higher-interest rate indebtedness when
appropriate and for other general corporate purposes. The Trust Preferred
Securities are guaranteed by Matrix Bancorp on a subordinated basis. A copy of
the final prospectus relating to these securities can be obtained from the
offices of the underwriters.
Matrix Bancorp is a unitary thrift holding company that, through its
subsidiaries, focuses on traditional banking, mortgage banking and the
administration of self-directed trust accounts. The Company had $1.0 billion in
total assets as of June 30, 1999.
