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): April 21, 2003
WEBSTER CITY FEDERAL BANCORP
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(Exact name of registrant as specified in its charter)
Federal 0-26577 42-1491186
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
820 Des Moines Street, Webster City, Iowa 50595-0638
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (515) 832-3071
Not Applicable
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(Former name or former address, if changed since last report)
Item 7. Financial Statements and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits.
Exhibit No. Description
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99 Press release dated April 21, 2003
Item 9. Regulation FD Disclosure.
The following information is furnished pursuant to this Item 9 and in
satisfaction of Item 12, "Disclosure of Results of Operations and Financial
Condition."
On April 21, 2003, Webster City Federal Bancorp (the "Company") announced
its earnings for the first quarter of the 2003. A copy of the press release
dated April 21, 2003, describing earnings for the first quarter of 2003 is
attached as Exhibit 99 to this report.
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.
WEBSTER CITY FEDERAL BANCORP
DATE: April 22, 2003 By:
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Phyllis A. Murphy
President and Chief Executive Officer
EXHIBIT 99
PRESS RELEASE OF WEBSTER CITY FEDERAL BANCORP
April 21, 2003
FOR IMMEDIATE RELEASE
Contact: Phyllis A. Murphy, President
and Chief Executive Officer
Tel (515) 832-3071
WEBSTER CITY FEDERAL BANCORP
DIVIDEND AND EARNINGS NEWS
Webster City Federal Bancorp has announced a cash dividend of $.25 per share for
the quarter ended March 31, 2003. The dividend will be payable to shareholders
of record as of May 6, 2003 and will be paid on May 22, 2003. WCF Financial,
M.H.C., owner of 1,150,000 of the total outstanding shares of 1,888,376, has
announced that it has waived the right to receive the dividend. Accordingly, the
dividend will be paid on 738,376 marketable shares owned by the minority
stockholders.
Webster City Federal Bancorp is the holding company for Webster City Federal
Savings Bank and Security Title & Abstract, Inc. The Company reported
consolidated net earnings of $305,571 or $.16 per share for the quarter ended
March 31, 2003 compared to $350,141 or $.19 per share earned by the Company for
the same period the prior year.
Webster City Federal Bancorp stock trades under the Nasdaq symbol of WCFB.