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UNITED STATES
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
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Date of report (Date of earliest event reported): June 24, 2005
FIRST IPSWICH BANCORP
(Exact name of registrant as specified in its charter)
Massachusetts 333-114018 04-2955061
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
31 Market Street, Ipswich, Massachusetts 01938
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (978) 356-3700
Not Applicable
(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 communication pursuant to Rule 425 under the Securities Act
(17 CFR230.425)
|_| 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))
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Item 7.01 Regulation FD Disclosure
On June 24, 2005, The First National Bank of Ipswich, a wholly-owned subsidiary
of First Ipswich Bancorp (the "Company"), issued a press release announcing that
it completed the purchase of certain of the assets and assumed certain of the
deposit and other liabilities of the Atlantic Bank of New York branch facility
located in Boston, Massachusetts. A copy of the press release is furnished
herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
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Exhibit 2.1 Purchase and Assumption Agreement, dated February 22, 2005, by
and between The First National Bank of Ipswich and Atlantic Bank
of New York (incorporated by reference to Exhibit 2.1 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
Exhibit 2.2 Loan Purchase Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Atlantic Bank of
New York (incorporated by reference to Exhibit 2.2 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
Exhibit 2.3 REIT Loan Purchase Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Omega Commercial
Mortgage Corp (incorporated by reference to Exhibit 2.3 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
Exhibit 2.4 Purchase and Sale Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Atlantic Bank of
New York (incorporated by reference to Exhibit 2.4 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
Exhibit 99.1 Press Release dated June 24, 2005.
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SIGNATURE
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.
FIRST IPSWICH BANCORP
By: /s/ Donald P. Gill
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Donald P. Gill
President and C.E.O.
Date: June 24, 2005
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EXHIBIT INDEX
Exhibit No. Exhibit Description
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2.1 Purchase and Assumption Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Atlantic Bank of
New York (incorporated by reference to Exhibit 2.1 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
2.2 Loan Purchase Agreement, dated February 22, 2005, by and between
The First National Bank of Ipswich and Atlantic Bank of New York
(incorporated by reference to Exhibit 2.2 to the Company's Current
Report on Form 8-K filed on February 28, 2005).
2.3 REIT Loan Purchase Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Omega Commercial
Mortgage Corp (incorporated by reference to Exhibit 2.3 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
2.4 Purchase and Sale Agreement, dated February 22, 2005, by and
between The First National Bank of Ipswich and Atlantic Bank of
New York (incorporated by reference to Exhibit 2.4 to the
Company's Current Report on Form 8-K filed on February 28, 2005).
99.1 Press Release dated June 24, 2005.