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) May 21, 1999 FIRST NILES FINANCIAL, INC. - -------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 0-24849 34-1870418 - -------------------------------------------------------------------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification incorporation) No.) 55 North Main Street, Niles, Ohio 44446 - -------------------------------------------------------------------------- (Address of principal executive offices) Zip Code) Registrant's telephone number, including area code: (330) 652-2539 - --------------------------------------------------------------------------- ITEM 5. OTHER ITEMS Attached as Exhibit 99 is the Registrant's press release dated May 21, 1999 announcing its intention to repurchase up to 5% of its outstanding shares in the open market or in privately negotiated transactions over the next 12 months. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits The exhibit referred to in Item 5 of this Report and listed on the accompanying Exhibit Index is filed as part of this Report and is incorporated herein by reference. 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 thereunto duly authorized. FIRST NILES FINANCIAL, INC. Date: May 24, 1999 By: /s/ Lawrence Safarek ---------------------------------- Lawrence Safarek Vice President and Treasurer EXHIBIT INDEX Exhibit Number Description - ------- -------------------------------------------------------- 99 Press Release dated May 21, 1999.