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) March 13, 2002
-----------------------------
Alpena Bancshares, Inc.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
United States 0-31957 38-3567362
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
100 South Second Avenue, Alpena, Michigan 49707
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (989) 356-9041
------------------------
Item 5. Other Information.
-----------------
On March 13, 2002, the Registrant announced the resignation of Duane I.
Dickey, effective March 13, 2002, as Chairman of the Board of the Company and
its bank subsidiary, First Federal of Northern Michigan, a federal savings and
loan association located in Alpena, Michigan. Additional information is set
forth on the press release issued by the Registrant and attached as Exhibit 99.1
The Registrant also announced that James C. Rapin was elected Chairman of
the Board and Gary W. Bensinger was elected Vice Chairman of the Board of the
Company and its bank subsidiary.
Item 5. Other Information.
-----------------
(c) Exhibits.
99.1 Press release dated March 13, 2002.
2
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.
March 13, 2002 By: /s/ Martin A. Thomson
- ------------------------- ------------------------------------
Date Martin A. Thomson
Title: President, Chief Executive Officer
(Duly Authorized Officer)
March 13, 2002 By: /s/ James I. Malaski
- -------------------------- ------------------------------------
Date James I. Malaski
Title: Vice President, Secretary
(Principal Administrative Officer)
3
EXHIBIT 99.1
------------
March 13, 2002
FOR IMMEDIATE RELEASE
Contact: Martin A. Thomson, President and CEO
Alpena Bancshares, Inc.
Telephone: (989) 356-9041
ALPENA BANCSHARES ANNOUNCES RESIGNATION OF
CHAIRMAN OF THE BOARD OF DIRECTORS
ALPENA, Michigan - March 13, 2002 - Alpena Bancshares, Inc. (the
"Company"), the holding company of First Federal of Northern Michigan, a federal
savings and loan association based in Alpena, Michigan (the "Bank"), announced
today that Duane I. Dickey has resigned as Chairman of the Board of the Company
and the Bank, effective March 13, 2002.
Mr. Dickey joined the Bank in 1970 and had been a member of the Board of
Directors of the Bank since 1976 and of the Company since its formation in
November 2000. Mr. Dickey was made Chairman of the Board of Directors of the
Bank in 1988. Mr. Dickey retired from his position as Chief Executive Officer of
the Bank on November 9, 1998 and as President as of December 31, 1998. Martin A.
Thomson, President and Chief Executive Officer of the Company and the Bank,
stated, "Duane Dickey's contributions to the Board, the Company and the Bank
have been very valuable over the past 32 plus years of his service. He will be
greatly missed, and we wish him well."
The Company is a unitary savings and loan holding company based in Alpena,
Michigan. Its savings and loan association subsidiary operates eight branch
offices in northern Michigan. The Company had total assets of $241.5 million at
December 31, 2001.
* * *
4