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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 5, 2001
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UNITED COMMUNITY FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Ohio 0-24399 34-1856319
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(State or other jurisdiction (Commission (IRS Employer
incorporation) File Number) Identification Number)
275 Federal Plaza West, Youngstown, Ohio 44503-1203
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (330) 742-0500
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Not Applicable
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(Former name or former address, if changes since last report.)
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ITEM 5. OTHER EVENTS
United Community Financial Corp. ("United Community") and its wholly-owned
subsidiary, The Home Savings and Loan Company of Youngstown, Ohio ("Home
Savings") executed an Agreement and Plan of Merger (the "Agreement") with
Potters Financial Corporation ("PFC") and its wholly-owned subsidiary, Potters
Bank ("Potters") dated September 5, 2001. Under the terms of the Agreement,
shareholders of PFC will receive $22.00 for each common share of PFC outstanding
on the effective date of the merger of PFC with and into Home Savings (the
"Merger").
United Community is a unitary savings and loan holding company headquartered in
Youngstown, Ohio. PFC is a unitary savings and loan holding company
headquartered in East Liverpool, Ohio.
The Merger will be accounted for under the purchase method of accounting and is
subject to approval by the shareholders of PFC and also to certain regulatory
approvals.
Following the Merger, and upon the receipt of all necessary regulatory
approvals, PFC will merge with HSLC Merger Subsidiary, Inc., an interim
subsidiary of Home Savings, with PFC being the surviving entity. Immediately
thereafter, PFC will be liquidated into Home Savings and Potters will merge with
and into Home Savings, with Home Savings being the surviving entity.
The foregoing information does not purport to be complete and is qualified in
its entirety by reference to the Agreement attached hereto.
Exhibits.
2 Agreement and Plan of Merger (excluding exhibits) dated
September 5, 2001.
99 Text of Press Release dated July 2, 2001.
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.
UNITED COMMUNITY FINANCIAL CORP.
Date: September 10, 2001 /s/ Douglas M. McKay
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Douglas M. McKay, President
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INDEX TO EXHIBITS
Exhibit Number Description
2 Agreement and Plan of Merger
99 Text of Press Release dated September 6, 2001.