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UNITED STATES
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): November 21, 2007
FIRST ADVANTAGE BANCORP
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(Exact name of registrant as specified in its charter)
TENNESSEE 1-33682 26-0401680
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
1430 MADISON STREET, CLARKSVILLE, TENNESSEE 37040
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (931) 522-6176
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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:
[ ] 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))
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
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On November 21, 2007, First Federal Savings Bank (the "Bank"), the
proposed wholly-owned subsidiary of First Advantage Bancorp, executed a contract
for the sale of the Bank's former headquarters property located at 200 N. Second
Street in Clarksville, Tennessee. The proposed buyer, an individual, is a
customer of the Bank. The Bank may extend purchase financing to the proposed
buyer, although there are no binding commitments to do so at this time. The
contract price is $700,000. Assuming the transaction closes according to the
terms of the contract, the Bank expects to recognize an after-tax gain on the
sale of approximately $190,000 during the period in which the sale is completed.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
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None.
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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.
FIRST ADVANTAGE BANCORP
November 27, 2007 By: /s/Earl O. Bradley, III
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Earl O. Bradley, III
Chief Executive Officer