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): October 4, 2012
LAPORTE BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
Maryland | | 001-35684 | | Being applied for |
(State or Other Jurisdiction of Incorporation) | | (Commission File No.) | | (I.R.S. Employer Identification No.) |
710 Indiana Avenue, LaPorte, Indiana | | 46350 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (219) 362-7511
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On October 4, 2012, LaPorte Bancorp, Inc., a Maryland corporation (“New LaPorte”), announced that it had completed its second-step conversion and related public offering. The LaPorte Savings Bank is now 100% owned by New LaPorte and New LaPorte is 100% owned by public shareholders. New LaPorte sold 3,384,611 shares of common stock at $8.00 per share in the subscription offering.
Concurrent with the completion of the offering, shares of common stock of LaPorte Bancorp Inc., a federal corporation (“LaPorte-Federal”), owned by public shareholders have been converted into the right to receive 1.3190 shares of New LaPorte’s common stock for each share of LaPorte-Federal common stock that they owned immediately prior to completion of the transaction. Cash in lieu of fractional shares will be paid based on the offering price of $8.00 per share. As a result of the offering and the exchange, New LaPorte now has approximately 6,205,741 shares outstanding and gross offering proceeds of $27.1 million.
A press release announcing the closing of the reorganization and stock offering is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated October 4, 2012
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.
| | LAPORTE BANCORP, INC. |
DATE: October 4, 2012 | By: | /s/ Michele M. Thompson |
| | Michele M. Thompson |
| | President and Chief Financial Officer |