UNITED STATES 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
MARCH 27, 1998
AMCORE FINANCIAL, INC.
(Exact name of Registrant as specified in its charter)
Commission File Number 0-13393
NEVADA 36-3183870
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
501 Seventh Street, Rockford, Illinois 61104
(815) 968-2241
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Effective March 27, 1998, AMCORE Financial, Inc. consummated the
merger with Midwest Federal Financial Corp. (Midwest Federal). The
transaction resulted in the issuance of 1.174 shares of AMCORE Common Stock
for each of the 1,628,924 outstanding Midwest Federal shares. A total of
1,912,357 shares of AMCORE Common Stock were issued in the merger. Midwest
Federal is a savings and loan holding company, which fully owns a
federally-chartered savings bank operating in six communities in central
Wisconsin. Midwest Federal has consolidated assets of approximately $212
million and approximately $17 million in total stockholders' equity. The
transaction will be accounted for as a pooling of interests under APB Opinion
No. 16. Midwest Federal operates its principal executive office in Baraboo,
Wisconsin, and corporate-wide has 96 employees. The transaction was
consummated pursuant to an Agreement dated November 11, 1997, as amended.
The Company's press release dated March 27, 1998 regarding the
transaction reported herein is attached hereto as an Exhibit.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release dated March 27, 1998
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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 hereunder duly authorized.
AMCORE FINANCIAL, INC.
By: /s/ John R. Hecht
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Name: John R. Hecht
Title: Executive Vice President &
Chief Financial Officer
Date: April 10, 1998
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