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): October 4, 2006
POCAHONTAS BANCORP, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-23969 71-0806097
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(State or Other Jurisdiction (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
1700 East Highland, Jonesboro, Arkansas 72401
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (870) 802-1700
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Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 4.01. Changes in Registrant's Certifying Accountants
a) On October 4, 2006, the Audit Committee of the Company accepted the
resignation of BKD, LLP as the Company's independent registered public
accounting firm. BKD, LLP, which was initially engaged by the Company on
June 21, 2006, cited the Company's impending merger with IBERIABANK
Corporation as the reason for its resignation. The merger was announced on
July 27, 2006.
Because of the brevity of its engagement, BKD, LLP did not produce an audit
report on the financial statements of the Company for either of the years
in the two-year period ended September 30, 2006.
During the two most recent fiscal years and the interim period through the
date of the resignation, there were no disagreements with BKD, LLP on any
matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which disagreements, if not
resolved to BKD, LLP's satisfaction, would have caused BKD, LLP to make
reference to the subject matter of the disagreements in connection with its
reports.
During the two most recent fiscal years, there were no reportable events
(as defined in Regulation S-K Item 304 (a)(1)(v)).
The Company requested that BKD, LLP furnish it with a letter addressed to
the Securities and Exchange Commission ("SEC") stating whether or not BKD,
LLP agreed with the above statements. A copy of BKD, LLP's letter to the
SEC dated October 9, 2006 is filed as an Exhibit to this Form 8-K.
b) On October 4, 2006, the Audit Committee of the Company approved the
engagement of KraftCPAs, PLLC as the Company's new independent registered
public accounting firm for the fiscal year ended September 30, 2006. During
the two most recent fiscal years and the subsequent interim period through
the date of the resignation of BKD, LLP, the Company did not consult with
KraftCPAs, PLLC regarding any matters described in Item 304(a)(2)(i) or
(ii) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
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(a) Not Applicable.
(b) Not Applicable.
(c) Not Applicable.
(d) Exhibits. Letter from BKD, LLP dated October 9, 2006.
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.
POCAHONTAS BANCORP, INC.
DATE: October 10, 2006 By: /s/ Dwayne Powell
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Dwayne Powell
President and Chief Executive Officer