UNITED STATES
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): July 28, 2008
HOMETOWN BANCORP, INC.
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(Exact name of registrant as specified in its charter)
United States 000-52674 02-0783010
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
12 Main Street, Walden, New York 12586
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (845) 778-2171
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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:
[ ] 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 2.02 Results of Operations and Financial Condition
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On July 28, 2008, Hometown Bancorp, Inc. (the "Company") issued a press
release regarding its results of operations and financial condition at June 30,
2008 and for the three and six months ended June 30, 2008. The text of the press
release is included as Exhibit 99.1 to this report. The information included in
the press release text is considered to be "furnished" under the Securities
Exchange Act of 1934.
Item 8.01 Other Events
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The Company also announced on July 28, 2008 that its Board of Directors
approved a stock repurchase program to purchase up to 5% of the Company's
outstanding shares (excluding shares held by Hometown Bancorp, MHC, the
Company's mutual holding company), or up to 53,561 shares for a period of up to
12 months. The repurchases will depend on certain factors, including but not
limited to, market conditions and prices, the Company's liquidity requirements
and alternative uses of capital. Any repurchases will be held as treasury stock
and will be available for general corporate purposes. The Company anticipates
conducting such repurchases in accordance with a Rule 10b5-1 trading plan
administered by a broker dealer.
Item 9.01 Financial Statements and Exhibits
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(d) Exhibits
Number Description
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99.1 Press Release dated July 28, 2008
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.
HOMETOWN BANCORP, INC.
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(Registrant)
Date: July 29, 2008 By: /s/ Stephen W. Dederick
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Stephen W. Dederick
Vice President and Chief Financial
Officer