UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
COMMISSION
FORM 12b-25 FILE NUMBER: 000-18484
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-QSB
[ ] Form N-SAR
For Period Ended: December 31, 2000
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: _____________________________
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant
EMCLAIRE FINANCIAL CORP.
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Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
612 MAIN STREET
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City, State and Zip Code
EMLENTON, PENNSYLVANIA 16373
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PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion
thereof, will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly
report of transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following
the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
Due to the unavailability of certain financial data necessary to complete the
subject report, the subject report could not be timely filed.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
John J. Boczar (724) 867-2311
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under
Section 13 or 15(d) of the Securities Exchange Act of
1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such
shorter period that the registrant was required to
file such report(s) been filed? If answer is no,
identify report(s). [ ] Yes [X] No
Form 10-QSB For Quarter Ended September 30, 2000.
(3) Is it anticipated that any significant change in
results of operations from the corresponding period
for the last fiscal year will be reflected by the
earnings statement to be included in the subject
report or portion thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
During the fourth quarter of 2000 Emclaire recorded a non-recurring
charge of $1.6 million to reflect the impairment of goodwill and core
deposit intangible assets related to an acquisition in 1998. In
addition, a charge of $448,000 was recorded to recognize an other than
temporary decline in value of an equity security investment. As a
result of these charges a net loss of $1.379 million was recorded for
the three months ended December 31, 2000 as compared to net income of
$459,000 recorded during the same period in 1999. For the year ended
December 31, 2000 net income of $4,000 was recorded as compared to
$1.754 million reported for 1999.
These charges were disclosed in a press release and a letter to
shareholders at the time they were recorded.
EMCLAIRE FINANCIAL CORP.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date April 2, 2001 By /s/ John J. Boczar
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John J. Boczar, Treasurer