Date of Report (Date of earliest event reported): March 26, 1997 - ------------------------------------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT UNDER THE SECURITIES EXCHANGE ACT OF 1934 Emerald Isle Bancorp, Inc. 730 Hancock Street Quincy, Massachusetts 02170 (617) 479-5001 (Address and telephone number of principal executive offices) Massachusetts 0-21175 04-3300934 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification No.) Item 5. Other Events. By letter dated Mach 24, 1997, and beginning on March 26, 1997, Richard S. Straczynski resigned from his position as Executive Vice President of Emerald Isle Bancorp, Inc. (the "Corporation") to accept a position with another financial institution. Mr. Straczynski also served as President and Chief Operating Officer of the Hibernia Savings Bank (the "Bank"), a wholly-owned subsidiary of the Corporation. On April 8, 1997, the Executive Committee of the Bank elected Mark A. Osborne, Chairman of the Board, President and Chief Executive Officer of the Corporation, and Chairman of the Board and Chief Executive Officer of the Bank to serve as the Bank's President. 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, in the City of Quincy, State of Massachusetts, this 9th day of April, 1997. Emerald Isle Bancorp, Inc. Date: April 9, 1997 By: /s/ Gerard F. Linskey Gerard F. Linskey, Treasurer