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): October 17, 2002
Peoples Ohio Financial Corporation
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(Exact name of registrant as specified in its charter)
Ohio 0-49619 31-1795575
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(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)
635 South Market Street, Troy, Ohio 45373
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(Address of principal executive offices)
Registrant's telephone number, including area code: (937) 339-5000
FORM 8-K
Item 5. Other Events.
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The following was contained in a press release issued by Peoples Ohio
Financial Corporation on October 16, 2002:
October 16, 2002
NEWS RELEASE Contact: Linda Daniel
FOR IMMEDIATE RELEASE VP Marketing/Adm.
(937) 339-5000
ANOTHER GREAT FISCAL QUARTER FOR LOCAL BANK
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Peoples Ohio Financial Corporation, holding company for Peoples Savings Bank
(Troy-Piqua-Clayton), announces another great earnings period with completion of
the 1st quarter of fiscal 2003, ended September 30, 2002.
Net earnings for the 1st quarter were $707,000 or $0.09 per diluted share
compared to $ 629,000 or $ 0.08 per diluted share for the same period last
fiscal year . . . an increase of 12.4 percent.
In making the earnings announcement, President/CEO, Ron Scott, said the
company's continued strong performance is influenced by new and improved
products/services being introduced while continuing to provide good basic
financial services. He also underscored the highly capable board and management
at Peoples and the impact of that administrative strength on performance.
Scott further pointed out that return on assets (ROA) for the 1st quarter/fiscal
2003 was 1.27 percent compared to 1.17 percent in the prior year while return on
equity (ROE) was 12.12 percent compared to 11.89 percent in the prior year, both
of which are key indicators that rank Peoples well among its peers.
Peoples has successfully completed over a year and a half of operation of a new
full-service state-of-the-art banking center and two stand-alone drive-thru
locations in Clayton (Northern Montgomery County). Also Peoples has banking
centers, ATM locations, and trust offices in Troy and Piqua. Originally
chartered under Ohio law in 1890, Peoples Savings Bank created a savings and
loan holding company, Peoples Ohio Financial Corporation, effective January
2002. Common shares of Peoples stock are now traded in the over-the-counter
market under the symbol "POHF".
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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 thereunto duly authorized.
PEOPLES OHIO FINANCIAL CORPORATION
By: /s/ Ronald B. Scott
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Ronald B. Scott
President
- Date: October 17, 2002