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 23, 2001
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Alpena Bancshares, Inc.
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(Exact name of registrant as specified in its charter)
United States 0-31957 38-3567362
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
100 South Second Avenue, Alpena, Michigan 49707
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (989) 356-9041
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Item 5. Other Information.
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On May 23, 2001, the Registrant announced the appointment of
Martin A. Thomson as acting President and Chief Executive Officer to succeed
Jerry A. Christensen.
Mr. Thomson assumes the position of President and CEO of the
Registrant along with its subsidiary First Federal of Northern Michigan, a
federal savings association located in Alpena, Michigan. Additional information
is set forth on the press release issued by the Registrant and attached as
exhibit 99.1
Item 5. Other Information.
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(c) Exhibits.
99.1 Press release dated May 25, 2001.
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.
Alpena Bancshares, Inc.
May 30, 2001 By: /s/ Martin A. Thomson
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Date Martin A. Thomson
Title: President, Chief Executive Officer
(Duly Authorized Officer)
May 30, 2001 By: /s/ James D. Hubinger
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Date James D. Hubinger
Title: Treasurer, Chief Financial Officer
(Principal Financial Officer)
EXHIBIT 99.1
May 25, 2001
FOR IMMEDIATE RELEASE
Contact: Duane Dickey, Chairman of the Board
Alpena Bancshares, Inc.
Tel (517) 356-9041
ALPENA BANCSHARES ANNOUNCES APPOINTMENT OF
NEW CHIEF EXECUTIVE OFFICER
ALPENA, Michigan - May 25, 2001 - Alpena Bancshares, Inc., the holding
company of First Federal of Northern Michigan, a federal savings association
based in Alpena, Michigan (the "Bank"), announced today that Martin Thomson has
been appointed acting President and Chief Executive Officer of the Company and
the Bank, effective May 23, 2001. Mr. Thomson currently serves as a member of
the Board of Directors of the Company and the Bank. Mr. Thomson succeeds Jerry
Christensen as President and Chief Executive Officer.
Mr. Thomson has been a member of the Board of Directors of the Bank
since 1986 and of the Company since its formation in November 2000. He has been
a businessman in the Alpena area for many years. Most recently, he held the
position of President and Chief Executive Officer of Presque Isle Electric & Gas
Co-op headquartered in Onaway, Michigan. Duane Dickey, Chairman of the Board of
the Company and the Bank, stated, "We are pleased that Marty agreed to take this
position and have great confidence in his ability to lead the Company and the
Bank into the future."
The Company is a unitary savings and loan holding company based in
Alpena, Michigan. Its savings association subsidiary operates eight branch
offices in northeast Michigan. The Company had total assets of $254.2 million at
March 31, 2001.
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