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): December 23, 2002
Ohio | 0-28162 | 31-1445959 |
Item 5. Other Events.
On September 27, 2002 Lenox Bancorp, Inc., Lenox Savings Bank and Virginia M. Heitzman, the former Chief Executive Officer of each of Lenox Bancorp and Lenox Savings Bank, reached an agreement in principle to settle all pending arbitration and claims, subject to regulatory approval. The last required regulatory approval was received on December 10, 2002 and on December 16, 2002 the Boards of each of Lenox Bancorp and Lenox Savings Bank ratified the consummation of the transactions contemplated by the Settlement Agreement. Lenox Bancorp and Lenox Savings Bank reserved adequate funds for this Settlement Agreement in 2001.
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.
| LENOX BANCORP, INC. |