UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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):
December 21 (December 19, 2005)
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RURBAN FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Ohio 0-13507 34-1395608
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(State or other jurisdiction (Commission (IRS Employer
of incorporation or organization) File Number) Identification No.)
401 Clinton Street, Defiance, Ohio 43512
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(Address of principal executive offices) (Zip Code)
(419) 783-8950
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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.)
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))
Item 8.01. Other Events
On December 19, 2005, Rurban Financial Corp. (the "Company") issued a
news release announcing that it had completed the sale of approximately $8.4
million of troubled loans held in its workout loan subsidiary, RFCBC, Inc. The
loans were sold at 84.6% of their book value and, after adjusting for reserves
associated with the loan sale, will result in a pre-tax loss of approximately
$688,000 ($454,000 after-tax). The Company also announced that it plans to take
an additional reserve of $440,000 ($291,000 after-tax) against the approximately
$4.4 million of non-performing loans remaining on its books after the loan sale.
A copy of the December 19, 2005 news release is furnished as Exhibit 99 and is
incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(a) Financial statements of business acquired - Not Applicable
(b) Pro forma financial information - Not Applicable
(c) Exhibits
Exhibit No. Description
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99 News Release issued by Rurban Financial Corp. on
December 19, 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.
RURBAN FINANCIAL CORP.
Dated: December 21, 2005 By: /s/ Keeta J. Diller
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Keeta J. Diller
Vice President and Corporate Secretary
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INDEX TO EXHIBITS
Current Report on Form 8-K
Dated December 21, 2005
Rurban Financial Corp.
Exhibit No. Description
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99 News Release issued by Rurban Financial Corp. on December 19, 2005
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