Wsb Financial Group, Inc. - Current report filing (8-K)
May 01 2008 - 6:03AM
Edgar (US Regulatory)
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: April 30, 2008
WSB Financial Group, Inc.
(Exact name of registrant as specified in its charter)
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Washington
(State of incorporation or organization)
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001-33188
(Commission File Number)
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20-3153598
(I.R.S. Employer Identification No.)
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607 Pacific Avenue
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Bremerton, Washington
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98337
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code:
(360) 405-1200
(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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02 Results of Operations and Financial Condition.
The Company reported its earnings and financial results for the first quarter ended March 31,
2008, on April 30, 2008. The Company advised that the Company will add $7.7 million pretax to its
reserve for loan losses and report a net loss of $5.8 million in the first quarter of 2008.
A copy of the press release is attached as Exhibit 99.1 and incorporated by reference. This
release is also being furnished for purposes of Regulation FD and Regulation G of the Securities
and Exchange Commission.
Item 2.06 Material Impairments.
On April 30, 2008, the Company announced that it will add $7.7 million pretax to its reserve
for loan losses in the first quarter of 2008, and record $912,000 of net loan charge-offs.
A copy of the press release is attached as Exhibit 99.1 and incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release of WSB Financial Group, Inc. dated April 30, 2008.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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WSB FINANCIAL GROUP, INC.
(Registrant)
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April 30, 2008
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/s/ Terry A. Peterson
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(Date)
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Terry A. Peterson
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Chief Executive Officer
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Exhibit Index
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Exhibit No.
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Description
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99.1
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Press Release of WSB Financial Group, Inc., dated April 30, 2008.
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