SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
AMENDMENT NO. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report NOVEMBER 12, 1996
(Date of earliest event reported)
SPRING BANCORP, INC.
(Exact name of Registrant as specified in its charter)
ILLINOIS
(State or other jurisdiction of incorporation)
33-18492 37-1224470
(Commission File Number) (I.R.S. Employer Identification
Number)
2600 STEVENSON DRIVE, SPRINGFIELD, ILLINOIS 62703
(Address of principal executive offices) (Zip Code)
(217) 529-5555
(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant
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On November 18, 1996, Spring Bancorp, Inc., an Illinois corporation (the
"Company") filed a Form 8-K with the Securities and Exchange Commission
providing information under Item 4 of Form 8-K regarding its retention of
McGladrey & Pullen, LLP as its independent auditors for the fiscal year ending
December 31, 1996, to replace Clifton, Gunderson LLC, the previous auditors of
the Company. This Amendment No. 1 is being filed to provide the letter from
Clifton, Gunderson LLC required under Item 4 of Form 8-K and Items 304(a)(3)
and 601(b)(16) of Regulation S-K.
Item 7. Financial Statements and Exhibits
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(c) Exhibits.
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(16) Letter of Clifton, Gunderson LLC regarding change in
certifying accountant.
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.
SPRING BANCORP, INC.
(Registrant)
Dated: December 3, 1996 /s/ T. Edward McEvers
---------------------
T. Edward McEvers
Principal Financial Officer/Secretary
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[LETTERHEAD OF CLIFTON, GUNDERSON LLC]
November 25, 1996
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
We were previously principal accountants for Spring Bancorp, Inc. and, under
the date of February 21, 1996, we reported on the consolidated financial
statements of Spring Bancorp, Inc. and subsidiaries as of and for the years
ended December 31, 1995 and 1994. On November 12, 1996, our appointment as
principal accountants was terminated. We have read Spring Bancorp, Inc.'s
statements included under Item 4 of its Form 8-K dated November 14, 1996, we
agree with such statements, except that we are not in a position to agree or
disagree with Spring Bancorp, Inc.'s stated reason for changing principal
accountants and we have had no involvement with Spring Bancorp, Inc.'s interim
period financial statements after December 31, 1995.
Very truly yours,
/s/ Clifton, Gunderson LLC
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