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 2, 2006
PRIVATEBANCORP, INC.
(Exact name of Registrant as specified in its charter.)
Commission File Number: 000-25887
Delaware (State or other jurisdiction of incorporation or organization) | 36-3681151 (I.R.S. Employer Identification Number) |
Ten North Dearborn Street Chicago, Illinois (Address of principal executive offices) | 60602 (Zip Code) |
(312) 683-7100
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the fling obligation of the registrant under any of the following provisions:
| ¨ | 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 7.01 Regulation FD Disclosure.
On May 2, 2006, PrivateBancorp, Inc. completed its withdrawl of membership from the Federal Home Loan Bank of Chicago (“FHLBC”). The Company received $138.5 million in full payment of the redemption of the shares of FHLBC stock it owned, and retired all of its outstanding advances with and obligations to the FHLBC.
Note: the information in this report is furnished pursuant to Item 7.01 and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed a determination or an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.
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.
PRIVATEBANCORP, INC. | ||
| By: | /s/ Ralph B. Mandell | |
| Name: | Ralph B. Mandell | |
| Title: | Chairman, President and | |
Chief Executive Officer | ||
| Date: | May 2, 2006 |