SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) July 17, 2002
BLACKHAWK BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Wisconsin 0-18599 39-1659424
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(State or other jurisdiction (Commission File Number) (IRS Employer Number)
of incorporation)
400 Broad Street, Beloit, WI 53511
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (608) 364-8911
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Item 5. Other Events.
Blackhawk Bancorp, Inc. announced the election of Prudence A. Harker as a
director of Blackhawk Bancorp, Inc. and its subsidiary, Blackhawk State Bank. In
announcing the election R. Richard Bastian, III stated, "We feel that Mrs.
Harker's extensive financial services experience and knowledge of the stateline
market will be invaluable in helping us continue to improve the growth and
profitability of Blackhawk."
Item 7. Financial Statements and Exhibits
Exhibit Incorporated by Filed
Number Description Reference to Herewith
1.1 Press Release Dated X
July 17, 2002
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 thereunto duly authorized.
Date: July 17, 2002 BLACKHAWK BANCORP, INC.
/s/Todd J. James
Todd J. James
Senior Vice President and CFO
BLACKHAWK BANCORP, INC.
BLACKHAWK STATE BANK
400 BROAD STREET, BELOIT, WI 53511
NEWS FOR IMMEDIATE RELEASE
July 17, 2002
For more information contact R. Richard Bastian, III at 608.364-8911
HARKER JOINS BLACKHAWK BOARD
Beloit, WI --- Prudence A. Harker, a registered representative and investment
advisor representative of AXA Advisors, LLC and an agent for The Equitable Life
Assurance Society, has been elected a director of Blackhawk Bancorp and its
subsidiary, Blackhawk State Bank. In making the announcement, R. Richard
Bastian, III, president and chief executive officer, said, "We feel that Mrs.
Harker's extensive financial services experience and knowledge of the stateline
market will be invaluable in helping us continue to improve the growth and
profitability of Blackhawk."
A lifelong stateline resident and graduate of Beloit College and the University
of Wisconsin, Mrs. Harker brings over twenty-three years of insurance, financial
planning and investment experience to the bank's board. She is a 21-year Life
and Qualifying Member of the Million-Dollar Round Table. She is also a Life
Member of the Directors Council of the Society of Financial Service
Professionals. She has served as a director of the Society and as a member of
its Strategic Planning and Ethics Committees.
Mrs. Harker is an accomplished lecturer and writer on the subjects of
professional insurance practice, ethics, estate and financial planning, and
disability income insurance. Her works have been published in Life Insurance
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News, Life Insurance Selling, and Financial Planning Focus.
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She has been involved in leadership positions with several civic and charitable
activities in the stateline area, including the Stateline Community Foundation,
the Beloit Memorial Hospital Foundation, and Kandu Industries.
Blackhawk State Bank is a $315 million dollar independent community bank with
offices in Beloit, WI; Roscoe, Rockford, Belvidere, Rochelle, and Oregon, IL.
It is a wholly owned subsidiary of Blackhawk Bancorp, which is traded over the
counter under the symbol BKHB.
When used in this communication, the words "believes," "expects," and similar
expressions are intended to identify forward-looking statements. The Company's
actual results may differ materially from those described in the forward-looking
statements. Factors which could cause such a variance to occur include, but are
not limited to, changes in interest rates, levels of consumer bankruptcies,
customer loan and deposit preferences, and other general economic conditions.