UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20552
FORM 10 - QSB
[X] QUARTERLY REPORT UNDER SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
For the quarterly period ended September 30, 1996
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
For the transition period from to
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Commission File Number 333-13021
Advance Financial Bancorp
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(Exact name of registrant as specified in its charter)
West Virginia 55-0111012
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(State or other jurisdiction of incorporation (IRS Employer Identification No.)
or organization)
1015 Commerce Street, Wellsburg, WV 26070
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(Address of principal executive offices)
(304) 737 - 3631
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(Registrant's telephone number, including area code)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes X No
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State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date:
Common Stock, none Outstanding at December 27, 1996
ADVANCE FINANCIAL BANCORP
INDEX
Page
Number
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PART I - FINANCIAL INFORMATION
Item 1. Financial Statements 1
PART II - OTHER INFORMATION
Item 1. Legal Proceedings 2
Item 2. Changes in Securities 2
Item 3. Default Upon Senior Securities 2
Item 4. Submissions of Matters to a Vote of Security Hold 2
Item 5. Other Information 2
Item 6. Exhibits and Reports on Form 8 - K 2
SIGNATURES
PART I - NOT APPLICABLE
The information as required by Part I of the Form 10-QSB has been omitted
because the conversion from the mutual to stock form of ownership (the
"Conversion"), as described in the Form S-1 (file no. 333-13021), has not
yet occurred. It is anticipated that the Conversion will be completed on or
about December 31, 1996.
-1-
PART II - OTHER INFORMATION
Item 1 - Legal proceedings
NONE
Item 2 - Changes in securities
NOT APPLICABLE
Item 3 - Defaults upon senior securities
NOT APPLICABLE
Item 4 - Submission of matters to a vote of security holders
NOT APPLICABLE
Item 5 - Other information
NONE
Item 6 - Exhibits and reports on Form 8 - K
EXHIBIT 99 - FINANCIAL STATEMENTS OF ADVANCE
FINANCIAL SAVINGS BANK, F.S.B.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused the report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Advance Financial Bancorp
Date: December 27, 1996 By: /s/Stephen M. Gagliardi
Stephen M. Gagliardi, President
By: /s/Noreen Mechling
Noreen Mechling, Treasurer and
Chief Financial Officer
(Chief Accounting Officer)