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
Date of Report (Date of earliest event reported) July 15, 2003
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GREAT AMERICAN BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-25808 52-1923366
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
1311 S. Neil St., P.O. Box 1010, Champaign, IL 61824-1010
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(Address of principal executive offices) (Zip Code)
(217) 356-2265
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(Registrant's telephone number, including area code)
Item 5. Other Events.
The Registrant incorporates by reference the press release dated July 15,
2003 attached as Exhibit 99.1, relating to the Company's announcement that its
Board of Directors has approved a 5% stock repurchase program.
Item 7. Financial Statements and Exhibits.
The Registrant incorporates by reference the press release dated July 15,
2003 attached as Exhibit 99.1, relating to the Company's announcement that its
Board of Directors has approved a 5% stock repurchase program.
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.
Great American Bancorp, Inc.
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(Registrant)
Date July 15, 2003 /s/ Jane F. Adams
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Chief Financial Officer
EXHIBIT INDEX
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Exhibit
No. Description Method of Filing
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99.1 News Release Filed herewith
Dated July 15, 2003
Exhibit 99.1
NEWS RELEASE
FOR IMMEDIATE RELEASE
July 15, 2003
Contact: Ms. Jane F. Adams
Chief Financial Officer and Investor Relations
(217) 356-2265
GREAT AMERICAN BANCORP, INC.
Announces a 5% Stock Repurchase Program
Champaign, Illinois - Great American Bancorp, Inc. (NASDAQ SMALLCAP
MARKET/GTPS), the holding company for First Federal Savings Bank of
Champaign-Urbana, announced that its Board of Directors has authorized an
additional common stock repurchase of up to 38,187 shares. This amount is
equal to five percent of the Company's outstanding shares of 763,732 and is in
addition to 7,379 shares remaining to be purchased under a stock repurchase
program approved in February 2003. Under the program approved in February,
the Company has repurchased 31,496 shares at an average price of $30.23 per
share. Stock to be repurchased will be made in open market transactions,
subject to the availability of stock and market conditions, and will commence
as soon as practicable.
First Federal Savings Bank of Champaign-Urbana is headquartered in Champaign,
Illinois, and operates through its administrative/branch office in Champaign
and through two other full service branches located in Champaign and Urbana.
The Bank, through its subsidiary, Park Avenue Service Corporation, also
provides full service brokerage activities through a third-party broker-
dealer, Scout Brokerage Services, Inc., and sells insurance products through
the GTPS Insurance Agency. The Bank's deposits are insured by the Federal
Deposit Insurance Corporation.
Great American Bancorp, Inc. stock is traded on the Nasdaq SmallCap Market
System under the symbol "GTPS."
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