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 July 22, 2005
(Date of earliest event reported) July 22, 2005
Iowa First Bancshares Corp.
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(Exact name of Registrant as specified in its charter)
Iowa
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(State or other jurisdiction of incorporation)
2-89283 42-1211285
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(Commission File Number) (I.R.S. Employer
Identification Number)
300 East Second Street, Muscatine, Iowa 52761
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Address of principal executive offices) (Zip Code)
(563) 263-4221
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(Registrant's telephone number, including area code)
Not Applicable
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(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 July 22, 2005, Iowa First Bancshares Corp. ("Iowa First") issued a press
release announcing that Iowa First's board of directors has approved a reverse
1-for-1,000 split of Iowa First's common stock to be followed immediately by a
1,000-for-1 forward split (the "Split Transaction"). If Iowa First's
shareholders approve the proposed amendments to Iowa First's articles of
incorporation and the Split Transaction is implemented, Iowa First anticipates
having fewer than 300 shareholders of record, which would enable Iowa First to
voluntarily terminate the registration of its common stock under the Securities
Exchange Act of 1934. A copy of the press release issued by Iowa First is
attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits.
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99.1 Press release, dated July 22, 2005
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.
IOWA FIRST BANCSHARES CORP.
Dated: July 22, 2005 By: /s/ Kim K. Bartling
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Kim K. Bartling
Executive Vice President,
Chief Operating Officer and Treasurer