UNITED STATES
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): January 12, 2005
VSB Bancorp, Inc.
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(Exact Name of Registrant as specified in its charter)
New York 0-50237 11-3680128
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(State or other jurisdiction Commission File IRS Employer
of incorporation) Number Identification No.
3155 Amboy Road, Staten Island, New York 10306
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Address of principal (Zip/Postal Code) executive offices
Registrant's telephone number: 718-979-1100
n/a
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On January 12, 2005, VSB Bancorp, Inc. (the "Company") reported its
results of operations for the quarter ended December 31, 2004 of $667,259 or
diluted earnings per share of $0.45, and for the year ended December 31, 2004 of
$2,274,578 or diluted earnings per share of $1.54. The Company's return on
average assets and average equity was 1.17% and 21.35%, respectively, for the
quarter ended December 31, 2004. All share data has been adjusted for the
Bancorp's four-for-three stock split paid on March 9, 2004. This information and
the accompanying press release were disseminated on January 12, 2005 through the
broad distribution of the press release in a manner designed to provide broad,
non-exclusionary distribution of the information to the public, but this
voluntary report on Form 8-K is being filed so that the public can have a
consistent source for earnings releases by searching the SEC's EDGAR database.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits - Press Release dated January 12, 2005 of VSB Bancorp, Inc.
describing the results of operations for the quarter and year ended
December 31, 2004 is annexed as Exhibit 99.1. For additional
information, see annexed Exhibit 99.1.
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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 hereunto duly authorized.
Dated: January 12, 2005
VSB Bancorp, Inc.
By: /s/ RAFFAELE M. BRANCA
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Raffaele M. Branca
Executive Vice President and CFO
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INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release reporting results of operations for the quarter
and year ended December 31, 2004.
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