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): July 1, 2002
High Country Financial Corporation
(Exact name of registrant as specified in its charter)
North Carolina 000-1177182 01-0731354
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
149 Jefferson Road
Boone, North Carolina 28607
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(Address of principal executive offices)
Registrant's telephone number, including area code: (828) 265-4333
N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events
On July 1, 2002, High Country Bank (the "Bank") consummated its
reorganization into the holding company form of organization (the
"Reorganization"), pursuant to the Agreement and Plan of Reorganization between
the Bank and High Country Financial Corporation (the "Company), dated February
19, 2002, and approved by the Bank's shareholders on May 14, 2002. As a part of
the Reorganization, the Bank has become a wholly-owned subsidiary of the Company
and each outstanding share of common stock of the Bank has been exchanged for
one share of common stock, no par value, of the Company. At the effective time
of the Reorganization, the Company became the sole shareholder of the Bank and
the former shareholders of the Bank became the shareholders of the Company.
At the effective time of the Reorganization the Bank had 1,416,822 shares
of common stock issued and outstanding.
A copy of the Company's press release of July 2, 2002, reporting the
consummation of the Reorganization, is attached hereto as Exhibit (99) and is
incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(a) Financial Statements - not applicable
(b) Pro forma financial information - not applicable
(c) Exhibits
(99) Press Release of High Country Financial Corporation, dated July 2,
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 hereunto duly authorized.
HIGH COUNTRY FINANCIAL CORPORATION
Date: September 4, 2002 By: /s/ John M. Brubaker
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John M. Brubaker, President and
Chief Executive Officer
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EXHIBIT INDEX
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Exhibit No. Description
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(99) Press Release of High Country Financial Corporation, dated July 2, 2002
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