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 December 31, 2004 Atlantic Liberty Financial Corp Delaware State of incorporation 000-49967SEC File Number 16-1615014 IRS Employer I.D. 186 Montague Street, Brooklyn, New York 718-855-3555 CURRENT REPORT ON FORM 8-K Item 1. Changes in Control of Registrant Not Applicable Item 2. Acquisition or Disposition of Assets Not Applicable Item 3. Bankruptcy or Receivership Not Applicable Item 4. Changes in Registrant's Certifying Accountant Not Applicable Item 5. Other Events Not Applicable Item 6. Resignations of Registrant's Directors Not Applicable Item 7. Financial Statements and Exhibits (a) No financial statements of businesses acquired are required. (b) No pro forma financial information is required (c) Attached as an exhibit is Atlantic Liberty Financial Corp's (the "Company") news release announcing its December 31, 2003 quarterly earnings. Item 8. Change in Fiscal Year Not Applicable Item 9. Regulation FD Disclosure- Information provided pursuant to Item 12 The Company announced its December 31, 2003 financial results by release.The press release in included as an exhibit. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused thisReport to be signed on its behalf by the undersigned,hereunto duly authorized. Atlantic Liberty Financial Corp. Date: January 26, 2004 By: /s/Barry M. Donohue Barry M. Donohue President and Chief Executive Officer Atlantic Liberty Financial Corp. At December 31, At March 31, 2003 2003 (In Thousands) Total Assets $ 160,807 $ 137,196 Loans Receivable net (1) 109,930 100,655 Securities Available for Sale 3,228 1,703 Securities Held to Maturity 34,370 22,026 Deposits 107,614 107,515 Total Borrowings 23,200 1,600 Stockholders Equity 26,243 25,091 Three Months Ended December 31, Nine Months Ended December 31, 2003 2002 2003 2002 (In thousands, except for per share data) Selected Operating Data: Interest Income $ 2,174 $ 2,116 $ 6,187 $ 6,152 Interest Expense 582 610 1,585 1,982 Net Interest Income 1,592 1,506 4,602 4,170 Provision for Loan Losses - 40 - 40 Net interest income after provision for loan losses 1,592 1,466 4,602 4,130 Non-interest income 96 77 305 228 Non-interest expense 1,040 1,092 2,954 2,777 Income before income taxes 648 451 1,953 1,581 Income taxes 302 209 882 681 Net income 346 242 1,071 900 Net Income per share $ 0.22 $ 0.15 $ 0.67 N/A (1) The allowance for loan losses was $581,882 and 483,882 at Dec.31, 2003 and 2002, respectively. At or for the Three Months Ended December 31, Performance Ratios: 2003 2002 Return on Average Assets 0.87% 0.65% Return on Average Equity 5.30% 4.75% Interest Rate Spread 3.95% 3.95% Asset Quality Ratios: Non-performing assets to total assets 0.12% 0.14% Allowance for loan losses to non performing loans 481.7% 386.4% Allowance for loan losses to total loans receivable 0.53% 0.48% Capital Ratio: Equity to total assets 16.32% 17.48%