SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): March 22, 2002
FLAGSTAR BANCORP, INC.
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(Exact name of Registrant as specified in its charter)
Michigan 0-22353 38-3150651
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
5151 Corporate Drive, Troy, Michigan 48098
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(Address of principal executive offices)
(248) 312-2000
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Registrant's telephone number, including area code
Not Applicable
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(Former Name or former address, if changed since last report)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) - (b) Not applicable.
(c) The following exhibit is filed as part of this report.
Exhibit 99.1 Press release dated March 22, 2002
Item 9. Regulation FD Disclosure.
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On March 22, 2002, Flagstar Bancorp, Inc. issued a press release announcing
that it is restating its 2001 annual results of operations to show an increase
in net earnings of $7.7 million, or $0.39 per share - diluted, to $82.9 million,
$4.17 per share - diluted. Earlier this year the Company reported record annual
earnings of $75.2 million, or $3.78 per share - diluted. The increase relates to
adjustments made to Flagstar's accounting for stock based compensation granted
to employees.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf by the undersigned
hereunto duly authorized.
FLAGSTAR BANCORP, INC.
Date: March 22, 2002 By: /s/ Michael W. Carrie
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Michael W. Carrie
Executive Vice President and Chief
Financial Officer
(Duly Authorized Representative)