First Bancorp OF Indiana Inc - Current report filing (8-K)

UNITED STATES

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): February 29, 2008

First Bancorp of Indiana, Inc.

(Exact name of registrant as specified in its charter)

Indiana	0-29814	35-2061832
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

5001 Davis Lant Drive, Evansville, Indiana 47715

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code): [phone]

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

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Item 8.01

Other Events .

On February 29, 2008, First Bancorp of Indiana, Inc. (the “Company”) announced that the Company intends to undertake a 1-for-300 reverse stock split, followed immediately by a 300-for-1 forward stock split. The primary purpose and effect of the reverse and forward stock splits is to reduce the number of record holders of the Company’s common stock below 300 so that the Company may terminate the registration of its common stock with the Securities and Exchange Commission. As a result of the reverse stock split, shareholders of record owning fewer than 300 shares of common stock would have such shares converted into the right to receive $14.00 for each share of common stock held prior to the reverse stock split. The press release announcing the approval of the plan to terminate the registration of the Company’s common stock is included as Exhibit 99.1 to this Report and is furnished herewith.

Item 9.01

Financial Statements and Exhibits .

(d)

Exhibits

Number	Description
99.1	Press Release dated February 29, 2008

 

 

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SIGNATURE

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.

	First Bancorp of Indiana, Inc.
Date:   February 29, 2008	By:	/s/ Michael H. Head
		Michael H. Head
		President and Chief Executive Officer

 

 

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