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): March 15, 2005
Alpena Bancshares, Inc.
(Exact name of registrant as specified in its charter)
Federal 0-31957 38-3567362
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
100 S. Second Ave., Alpena, Michigan 49707
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (989) 356-9041
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 (see General Instruction A.2. below):
[ ] 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 CRF 240.13e-4(c))
Item 8.01. Other Events.
On March 15, 2005, the Board of Directors of Alpena Bancshares, Inc.
(the "Company") declared a cash dividend on the Company's common stock of $.10
per share for the quarter ended March 31, 2005. The dividend will be payable to
stockholders of record as of March 31, 2005 and will be paid on April 22, 2005.
Alpena Bancshares, M.H.C., majority stockholder of the Company and owner of
920,000 shares of the 1,659,480 total shares outstanding, announced that it has
waived the right to receive its portion of the dividend. Accordingly, the
dividend will be paid on the 739,480 shares owned by minority stockholders of
the Company.
A copy of the press release dated March 21, 2005, giving details
associated with the dividend is attached as Exhibit 99 to this report.
Item 9.01. Financial Statements and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits.
Exhibit No. Description
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99 Press release dated March 21, 2005
SIGNATURES
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.
ALPENA BANCSHARES, INC.
DATE: March 22, 2005 By: /s/ Amy E. Essex
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Amy E. Essex
Chief Financial Officer
EXHIBIT 99
PRESS RELEASE OF ALPENA BANCSHARES, INC.
Alpena Bancshares, Inc.
100 S. Second Ave.
Alpena, MI 49707
(989) 356-9041
March 21, 2005
FOR IMMEDIATE RELEASE
Contact: Martin A. Thomson,
President and Chief
Executive Officer
Alpena Bancshares, Inc.
Telephone (989) 356-9041
ALPENA BANCSHARES QUARTERLY DIVIDEND
ALPENA, Michigan - March 21, 2005 - Alpena Bancshares, Inc. (the
"Company") announced a cash dividend on its common stock of $.10 per share for
the quarter ended March 31, 2005. The dividend will be payable to stockholders
of record as of March 31, 2005 and will be paid on April 22, 2005.
Alpena Bancshares, M.H.C., majority stockholder of the Company and owner of
920,000 shares of the 1,659,480 total shares outstanding, announced that it has
waived the right to receive its portion of the dividend. Accordingly, the
dividend will be paid on the 739,480 shares owned by minority stockholders of
the Company.
The Company is the unitary savings and loan holding company of First
Federal of Northern Michigan, a federal savings bank based in Alpena, Michigan.
The Company's common stock trades under the symbol "ALPN."
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(End)