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) November 30, 2004
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Park National Corporation
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(Exact name of registrant as specified in its charter)
Ohio 1-13006 31-1179518
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(State or other jurisdiction (Commission ( IRS Employer
of incorporation) File Number) Identification No.)
50 North Third Street, P.O. Box 3500, Newark, Ohio 43058-3500
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(Address of principal executive offices) (Zip Code)
(740) 349-8451
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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 (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 CFR 240.13e-4(c))
Section 8 - Other Events
Item 8.01 - Other Events.
On November 30, 2004, Park National Corporation (Park) and First Federal
Bancorp, Inc. (First Federal) issued a news release jointly announcing their
intent to sell the Roseville office of First Federal Savings Bank of Eastern
Ohio (FFSB, the banking subsidiary of First Federal). A copy of this news
release is included as Exhibit 99.1 and incorporated by reference.
FFSB has signed an agreement to sell the Roseville office to The Peoples
National Bank (Peoples), but the sale is contingent upon the prior acquisition
of First Federal by Park. The Roseville office is in Muskingum County and holds
approximately $13 million in deposits and $6 million in loans. Peoples is
headquartered in New Lexington, Ohio in Perry County.
As previously reported in Park's Form 10-Q for the quarterly period ended
September 30, 2004, Park filed a letter with the Federal Reserve Board on
November 2 indicating its commitment to sell the Roseville office to a bank that
did not already have a physical presence in Muskingum County.
In August, Park and First Federal jointly announced the signing of a merger
agreement which will result in Park's acquisition of First Federal and the
merger of FFSB with Park subsidiary Century National Bank. First Federal and
Century National Bank are both headquartered in Muskingum County. The merger
transactions require the approval of banking regulatory authorities, and are
expected to be completed on December 30, 2004. The sale of the Roseville office
is expected to be completed in a few weeks after the merger transactions are
completed.
Section 9 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits. The following exhibit is being filed with this Current
Report on Form 8-K:
Exhibit No. Description
99.1 News Release issued by Park National Corporation and
First Federal Bancorp, Inc. on November 30, 2004
announcing the intent to sell the Roseville office to
The Peoples National Bank.
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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.
PARK NATIONAL CORPORATION
Dated: November 30, 2004 By: /s/ John W. Kozak
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John W. Kozak
Chief Financial Officer
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INDEX TO EXHIBITS
Current Report on Form 8-K
Dated November 30, 2004
Park National Corporation
Exhibit No. Description
99.1 News Release issued by Park National Corporation and
First Federal Bancorp, Inc. on November 30, 2004
announcing the intent to sell the Roseville office to
Peoples National Bank
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