SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported)
August 1, 1996
Long Island Bancorp, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-23526 11-3198508
(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
201 Old Country Road
Melville, New York 11747-2724
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (516) 547-2000
Not Applicable
(Former Name of Former Address, if Changed Since Last Report)
Item 1. Changes in Control Registrant
Not Applicable
Item 2. Acquisition or Disposition of Assets
Not Applicable
Item 3. Bankruptcy or Receivership
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable
Item 5. Other Events
Press Release of Long Island Bancorp, Inc.
dated August 1, 1996
Item 6. Resignations of Registrant's Directors
Not Applicable
Item 7. Financial Statements and Exhibits
(a) Not Applicable
SIGNATURE
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.
LONG ISLAND BANCORP, INC.
By: /s/ Mark Fuster
---------------------
Name: Mark Fuster
Title: Chief Financial Officer
(principal financial and
accounting officer)
Date: August 5,1996
LONG ISLAND BANCORP, INC. NEWS RELEASE
201 Old Country Road
Melville, New York 11747
CONTACT:
Mary M. Feder
Vice President - Investor Relations
(516) 547-2607
FOR IMMEDIATE RELEASE
THE LONG ISLAND SAVINGS BANK ACQUIRES
FIRST HOME MORTGAGE OF VIRGINIA, INC.
MELVILLE, NY, AUGUST 1, 1996 - Long Island Bancorp, Inc. (NASDAQ: LISB), the
holding company for The Long Island Savings Bank, FSB announced today that the
Bank has continued to expand its mortgage operations by acquiring First Home
Mortgage of Virginia, Inc., a mortgage banking company with offices in Franklin,
Virginia Beach, Newport News, Richmond and Colonial Heights, Virginia. For the
12 month period ended April 1996, First Home Mortgage of Virginia's retail
production was approximately $125 million and wholesale production was in excess
of $43 million.
Commenting on the acquisition, John J. Conefry, Jr., Chairman and Chief
Executive Officer stated, "We believe the geographic locations of these offices
complement and expand our existing presence in the state of Virginia. This
transaction, coupled with other recent acquisitions of loan production offices,
furthers the execution of our strategy to expand our mortgage origination
presence throughout the mid-atlantic states. We expect even greater production
volume from these new offices now that they will have the Bank's financial
strength and diverse product line to support their efforts."
With the acquisition of these five offices, the Bank will have approximatelY 180
loan originators and 24 mortgage origination offices in 9 east coast states.
The Long Island Savings Bank, FSB is a federally chartered FDIC-insured
institution which serves its customers in 36 full service branch offices
throughout Queens, Nassau and Suffolk counties. The Bank also operates mortgage
loan offices across Long Island and Westchester and in Connecticut, Delaware,
Georgia, Maryland, New Jersey, Pennsylvania, Virginia and North Carolina and an
Internet home page at the address: http://www.lisb.com.