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):January 6, 2000
NORTH ARKANSAS BANCSHARES, INC.
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(Exact name of registrant as specified in charter)
Tennessee 0-23525 71-0800742
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
200 Olivia Drive, Newport, Arkansas 72112
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(870) 523-3611
Item 5. Other Events.
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On January 6, 2000, North Arkansas Bancshares, Inc. (the
"Registrant"), announced that it had received the approval of the
Office of Thrift Supervision to repurchase an additional 10.0%
of its outstanding shares of common stock, approximately 33,327
shares. The Registrant's press release is attached hereto as
Exhibit 99.1 and incorporated by reference herein.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
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Exhibit 99.1 Press Release dated January 6, 2000
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.
NORTH ARKANSAS BANCSHARES, INC.
By: /s/ Brad Snider
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Brad Snider
President and Chief Executive Officer
Date: January 6, 2000