SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) December 6, 1999 COMMUNITY FINANCIAL CORPORATION - ------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Virginia 0-18265 54-1532044 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 38 North Central Avenue, Staunton, Virginia 24401 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (540) 886-0796 N/A - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events On December 6, 1999, the Registrant issued the attached press release announcing that its Board of Directors has authorized the repurchase of up to 5% of the Company's outstanding stock. Item 7. Financial Statements and Exhibits (c) Exhibits 99 Press Release, December 6, 1999 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 thereunto duly authorized. COMMUNITY FINANCIAL CORPORATION Date: December 6, 1999 By: /S/ THOMAS W. WINFREE -------------------------------- Thomas W. Winfree, President and Chief Executive Officer