SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 23, 1997
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FIRST CENTRAL FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
NEW YORK 1-9138 11-2648222
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification Number)
Incorporation)
266 MERRICK ROAD
LYNBROOK, NEW YORK 11563
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (516) 593-7070
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ITEM 4. CHANGES IN REGISTRANTS' CERTIFYING ACCOUNTANT
McGladrey & Pullen, LLP ("M&P") resigned as independent auditors for
the Registrant on September 23, 1997.
The report of M&P on the financial statements of the Registrant's
fiscal year ended December 31, 1996 contained an explanatory paragraph with
respect to the Registrant's ability to continue as a going concern. Except for
such explanatory paragraph, none of the reports of M&P on the financial
statements of the Registrant for either of the past two years contained an
adverse opinion or disclaimer of opinion, or was qualified or modified as to
uncertainty, audit scope or accounting principals. During the Registrant's two
most recent fiscal years and subsequent interim period preceding the resignation
of M&P, there were no disagreements with M&P on any matter of accounting
principals or practices, financial statement disclosure or auditing scope or
procedures, which disagreements, if not resolved to the satisfaction of M&P,
would have caused it to make reference to the subject matter of the
disagreements in connection with its report. None of the reportable events
listed in Item 304(a)(1)(v) of Regulation S-K occurred with respect to the
Registrant during the Registrant's two most recent fiscal years and the
subsequent interim period preceding the resignation of M&P.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(C) EXHIBITS
Exhibit Description
16 Letter of M&P, dated September 29, 1997 to
the Securities and Exchange Commission.
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SIGNATURE
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.
FIRST CENTRAL FINANCIAL CORPORATION
September 29, 1997 By: /s/ ANDREW W. ATTIVISSIMO
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Andrew W. Attivissimo
Chairman, Chief Executive Officer, President
and Chief Operating Officer
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EXHIBIT INDEX
Exhibit Description
16 Letter of M&P, dated September 29, 1997, to the
Securities and Exchange Commission