Abington Bancorp, Inc./Pa - Annual Report of Employee Stock Plans (11-K)
June 26 2008 - 1:43PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
______________________
FORM
11-K
(Mark
One):
x
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ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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For
the fiscal year ended December 31, 2007
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OR
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o
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TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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For
the transition period from ______________ to
___________
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Commission
file number: 0-52705
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A.
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Full
title of the plan and the address of the plan, if different from that of
the issuer named below:
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Abington
Bank 401(k) Plan
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B.
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Name
of issuer of the securities held pursuant to the plan and the address of
its principal executive office:
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Abington
Bancorp, Inc.
180
Old York Road
Jenkintown,
Pennsylvania 19046
REQUIRED
INFORMATION
Financial
Statements
. The following financial statements and schedule
are filed as part of this annual report for the Abington Bank 401(k) Plan (the
“Plan”):
Report
of Independent Registered Public Accounting Firm
Financial
Statements:
Statements
of Net Assets Available for Benefits, December 31, 2007 and 2006
Statement
of Changes in Net Assets Available for Benefits, Year Ended
December
31, 2007
Notes to
Financial Statements
Supplemental
Schedule as of December 31, 2007:
Form 5500
Schedule H, Part IV, Line 4i - Schedule of Assets (Held at End of Year),
December 31, 2007
REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the
Plan Administrator
Abington
Bank 401(k) Plan
We have
audited the accompanying statements of net assets available for benefits of
the Abington Bank 401(k) Plan (Plan) as of December 31, 2007 and 2006, and
the related statement of changes in net assets available for benefits for the
year ended December 31, 2007. These financial statements are the
responsibility of the Plan’s management. Our responsibility is to
express an opinion on these financial statements based on our
audits.
We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. The Plan
is not required to have, nor were we engaged to perform, an audit of its
internal control over financial reporting. Our audits included
consideration of internal control over financial reporting as a basis for
designing audit procedures that are appropriate in the circumstances, but not
for the purpose of expressing an opinion on the effectiveness of the Plan’s
internal control over financial reporting. Accordingly, we express no
such opinion. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements, assessing
the accounting principles used and significant estimates made by management, as
well as evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our
opinion, the financial statements referred to above present fairly, in all
material respects, the net assets available for benefits of the Plan as of
December 31, 2007 and 2006, and the changes in net assets available for benefits
for the year ended December 31, 2007, in conformity with accounting principles
generally accepted in the United States of America.
Our
audits were conducted for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplementary schedule of
assets (held at end of year) as of December 31, 2007 is presented for the
purpose of additional analysis and is not a required part of the basic financial
statements but is supplementary information required by the Department of
Labor’s Rules and Regulations for Reporting and Disclosure under the Employee
Retirement Income Security Act of 1974. This supplementary schedule
is the responsibility of the Plan’s management. The supplementary
schedule has been subjected to the auditing procedures applied in the audits of
the basic financial statements and, in our opinion, is fairly stated in all
material respects in relation to the basic financial statements taken as a
whole.
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/s/
BEARD MILLER COMPANY LLP
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Beard
Miller Company LLP
Reading,
Pennsylvania
June 23,
2008
ABINGTON
BANK 401(k) PLAN
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STATEMENTS
OF NET ASSETS AVAILABLE FOR BENEFITS
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DECEMBER
31, 2007 AND 2006
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2007
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2006
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ASSETS:
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Cash
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$
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16,968
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$
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4,801
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Stock
liquidity fund - cash account
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10
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19
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Investments,
at fair value
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10,621,620
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11,245,155
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Contributions
receivable
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-
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20,980
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Total
assets
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10,638,598
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11,270,955
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LIABILITIES:
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Excess
contributions payable
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9,943
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392
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Total
liabilities
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9,943
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392
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NET
ASSETS REFLECTING ALL INVESTMENTS AT
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FAIR
VALUE
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10,628,655
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11,270,563
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Adjustments
from fair value to contract value for fully benefit-
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responsive
investment contract
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1,833
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1,585
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NET
ASSETS AVAILABLE FOR BENEFITS
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$
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10,630,488
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$
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11,272,148
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See notes
to the financial statements.
ABINGTON
BANK 401(k) PLAN
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STATEMENT
OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
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YEAR
ENDED DECEMBER 31, 2007
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2007
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ADDITIONS:
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Investment
income (loss):
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Dividends
and interest
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$
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527,643
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Net
depreciation in fair market value of investments
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(1,450,540
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)
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Total
investment income (loss)
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(922,897
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Contributions:
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Employer
contributions
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111,553
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Employee
contributions
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325,992
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Rollover
contributions
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16,035
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Total
contributions
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453,580
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Total
additions (deductions)
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(469,317
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DEDUCTIONS:
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Investment
and advisory service fees
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333
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Distributions
to participants
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172,010
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Total
deductions
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172,343
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DECREASE
IN NET ASSETS AVAILABLE FOR BENEFITS
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(641,660
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NET
ASSETS AVAILABLE FOR BENEFITS,
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BEGINNING
OF YEAR
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11,272,148
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NET
ASSETS AVAILABLE FOR BENEFITS,
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END
OF YEAR
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$
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10,630,488
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See notes
to the financial statements.
ABINGTON
BANK 401(k) PLAN
NOTES
TO FINANCIAL STATEMENTS
AS
OF DECEMBER 31, 2007 AND 2006 AND FOR THE YEAR ENDED DECEMBER 31,
2007
1.
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DESCRIPTION
OF THE PLAN
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The
Abington Bank (the “Bank”) 401(k) Plan (the “Plan”) is a defined
contribution plan that was initiated on January 1, 1975. The following
description of the Plan provides only general information. Participants
should refer to the Plan agreement for a more complete description of the
Plan’s provisions.
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a.
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General
—
The Plan is a defined
contribution plan covering all full-time employees of the Bank who have at
least 6 months of service. The Plan has no age requirement. It is subject
to the provisions of the Employee Retirement Income Security Act of 1974
(“ERISA”).
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b.
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Stock
Liquidity Fund – Cash Account
—
Represents the value
of an interest-bearing money market account used to hold Plan
contributions prior to the purchases of Abington Bancorp, Inc. common
stock.
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c.
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Contributions
—
Each year,
participants may contribute up to 25 percent of pretax annual
compensation, as defined in the Plan. Participants may also contribute
amounts representing distributions from other qualified plans. The Bank
contributed 50 percent of the first 6 percent of base compensation that a
participant contributed to the Plan during plan year 2007. Additional
amounts may be contributed at the option of the Bank’s board of
directors.
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d.
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Participant
Accounts
—
Each participant’s
account is credited with the participant’s contributions and allocations
of the Bank’s contributions and Plan earnings. Allocations are based on
participant earnings or account balances, as defined. The benefit to which
a participant is entitled is the benefit that can be provided from the
participant’s vested account. Substantially all administration expenses
are paid directly by the Bank outside of the Plan’s
assets.
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e.
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Vesting
—
Participants are
immediately vested in their contributions plus actual earnings thereon.
Vesting in the Bank’s matching and discretionary contribution portion of
their accounts plus actual earnings thereon is based on years of credited
service. A participant is 100 percent vested after six years of credited
service.
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f.
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Investment
Options
—
Upon enrollment in the
Plan, a participant may direct employee contributions among available
investment funds. Employer contributions are made in cash. A participant
may elect to transfer that contribution to any investment
fund.
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g.
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Hardship
Withdrawal
—
A hardship withdrawal
is a distribution taken to satisfy an immediate and heavy financial need
that cannot be satisfied from other financial resources. Hardship
withdrawals are permitted from the Plan with proper Employer approval.
Amounts withdrawn for hardship may not be redeposited to this or any other
Plan maintained by the Bank, and they may not be rolled over to either an
IRA or another qualified retirement plan. Hardship withdrawals of
approximately $12,000 were taken during the year ended December 31,
2007.
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h.
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Payment of
Benefits
—
On termination of
service due to death, disability or retirement, a participant will receive
an amount equal to the value of the participant’s vested interest in his
or her account. Upon termination of service other than by death,
disability or retirement, a participant will receive a lump sum payment if
the total of their vested account does not exceed $5,000. If the vested
account balance exceeds $5,000, the assets will generally be held in a
trust until the participant’s normal or early retirement date, however,
terminated participants may elect to receive their salary deferral
accounts in the year following
termination.
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i.
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Participant
Loans
—
The
Plan does not permit participants to borrow funds from Participant
Accounts.
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j.
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Forfeited
Accounts
—
At
December 31,
2007 and 2006, forfeited nonvested accounts totaled approximately $0 for
both periods. Forfeited accounts will first be made available to reinstate
previously forfeited accounts, as defined. Any remaining forfeited
accounts will be used to reduce future Bank matching or discretionary
contributions. During the year ended December 31, 2007, forfeitures of
approximately $6,000 were used to reduce Bank matching or discretionary
contributions.
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k.
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Recent
Accounting Pronouncements
—
As of December 31,
2006, the Plan adopted Financial Accounting Standards Board (“FASB”) Staff
Position AAG INV-1 and Statement of Position (“SOP”) No. 94-4-1,
Reporting of Fully
Benefit-Responsive Investment Contracts Held by Certain Investment
Companies Subject to the AICPA Investment Company Guide and
Defined-Contribution Health and Welfare and Pension Plans
(the
“FSP”). The FSP requires the Statement of Net Assets Available for
Benefits to present the fair value of the Plan’s investments as well as
the adjustment from fair value to contract value for the fully
benefit-responsive investment contracts. The Statement of Changes in Net
Assets Available for Benefits is prepared on a contract value basis for
the fully benefit-responsive investment contracts. The FSP was applied
retroactively to the prior period presented on the Statement of Net Assets
Available for Benefits as of December 31, 2005.
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In
September 2006, the FASB issued Statement on Financial Accounting
Standards (“SFAS”) No. 157,
Fair Value Measurement
.
SFAS No. 157 establishes a single authoritative definition of fair value,
sets out a framework for measuring fair value and requires additional
disclosures about fair value measurement. SFAS No. 157 is effective for
financial statements issued for fiscal years beginning after November 15,
2007. The Plan does not believe the adoption of SFAS No. 157 will have a
material impact on the financial statements.
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2.
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SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES
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Basis of
Accounting—
The accompanying financial statements have been prepared
in accordance with accounting principles generally accepted in
the United States of America.
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Investment
Valuation
—The Plan’s investments are stated at fair value. The
shares of registered investment companies are valued at quoted market
prices, which represent the net asset values of shares held by the Plan at
year-end. Investment in the non-benefit-responsive investment contracts
are valued based upon the quoted redemption value of units owned by the
Plan at year-end. The money market funds are valued at cost plus accrued
interest, which approximates fair value. Abington Bancorp, Inc. common
stock and other common stocks traded on a national securities exchange are
valued at the last reported sales price on the last business day of the
Plan year.
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The
investment contracts are presented at fair value on the statement of net
assets available for benefits. The investments in the fully
benefit-responsive investment contracts are also stated at contract value
which is equal to principal balance plus accrued interest. As provided in
the FSP, an investment contract is generally valued at contract value,
rather than fair value, to the extent it is fully benefit-responsive. The
fair value of fully benefit-responsive investment contracts is calculated
using a discounted cash flow model which considers recent fee bids as
determined by recognized dealers, discount rate and the duration of the
underlying portfolio securities.
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Purchases
and sales of securities are recorded on a trade-date
basis.
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Net
Depreciation in Fair Value of Investments
—
Net depreciation in
fair value of investments includes realized gains and losses and
appreciation or depreciation in the fair market value of the Plan’s
investments, except for its benefit-responsive investment contract, for
which the appreciation or depreciation in the contract value is
included.
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Recognition
of Income
—Dividends and interest are included in income on an
accrual basis when earned based on the term of the investments and the
periods during which the investments are owned by the Plan. The Plan
includes unrealized gains or losses on the Plan’s investments in income in
the year in which they occurred.
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Fees
—Administrative
expenses and fees that are paid out of the Plan are recorded by the Plan
as incurred.
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Payment of
Benefits
—Benefit payments to participants are recorded upon
distribution. No amounts were allocated to accounts of persons who have
elected to withdraw from the Plan but have not yet been paid at December
31, 2007 and 2006.
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Use of
Estimates
—The preparation of financial statements in conformity
with accounting principles generally accepted in the United States of
America requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities at the date of the
financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results may differ from those
estimates and assumptions.
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Investment
Fees
—Net investment returns reflect certain fees paid by the
investment funds to their affiliated investment advisors, transfer agents,
and others as further described in each fund prospectus or other published
documents. These fees are deducted prior to allocation of the Plan’s
investment earnings activity and thus are not separately identifiable as
an expense.
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3.
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TERMINATION
OF THE PLAN
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Although
it has not expressed any intent to do so, the Bank reserves the right, at
any time, to discontinue permanently or temporarily its contributions to
the Plan and to terminate its participation in the Plan. The interest of
the members shall be nonforfeitable and fully vested in the event the Plan
is terminated.
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4.
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EXEMPT
PARTY-IN-INTEREST TRANSACTIONS
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Abington
Bancorp, Inc. is the sponsoring employer of this plan. Abington Bancorp,
Inc. is a Pennsylvania corporation which was organized to be the stock
holding company for Abington Savings Bank in connection with Abington
Bancorp’s second-step conversion and reorganization completed on June 27,
2007. As part of the conversion, each outstanding public share of Abington
Community Bancorp, Inc. was exchanged for 1.6 shares of Company Common
Stock. At December 31, 2007 and 2006 the Plan held approximately 498,000
and 451,000 shares, respectively, of common stock of Abington Bancorp,
Inc. (as adjusted for the exchange ratio as part of the second-step
conversion). During the year ended December 31, 2007, approximately
$87,000 of dividend income was recorded by the Plan on the shares of
Abington Bancorp, Inc.
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5.
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TAX
STATUS
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As
of January 1, 1975, the Bank adopted a nonstandardized defined
contribution flexible 401(k) plan provided by Alliance Benefits Group
(f.k.a. Manchester Benefits Group, Ltd.) and the Bank. The Bank also
adopted an amendment to the Plan effective January 1, 2005. The
Internal Revenue Service has determined and informed Alliance Benefits
Group by letter dated November 19, 2001, that the Plan as then designed
was in accordance with applicable sections of the Internal Revenue Code.
The Plan Administrator believes that the Plan continues to be operated in
compliance with the applicable requirements of the Internal Revenue
Code. Therefore, no provision for income taxes has been
included in the Plan’s financial
statements.
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6.
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INVESTMENTS
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The
following presents investments that represent 5% or more of the Plan’s net
assets.
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December
31,
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2007
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2006
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Lord
Abbett Mid Cap Value Fund
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$
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562,393
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$
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645,131
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American
Funds Cap World & Gro Inc
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707,702
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-
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American
Funds Invest. Co. of America
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542,360
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-
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MetLife
Stable Value Fund
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778,204
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791,048
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Self
Directed Brokerage Account
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667,560
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749,035
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Abington
Bancorp, Inc. Common Stock
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4,683,131
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5,407,289
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The
following presents detail of the net depreciation in fair value of
investments for the year ended December 31, 2007. Amounts include realized
gains and losses and appreciation or depreciation in the fair market value
of the Plan’s investments, except for its fully benefit-responsive
investment contract (MetLife Stable Value Fund), for which the
appreciation in the contract value is
included.
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Year
Ended
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December
31, 2007
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Mutual
Funds
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$
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(73,754
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)
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MetLife
Stable Value Fund
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39,784
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Self
Directed Brokerage Account
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(176,247
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)
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Abington
Bancorp, Inc. Common Stock
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(1,240,323
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)
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$
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(1,450,540
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)
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7.
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INVESTMENT CONTRACT
WITH INSURANCE COMPANY
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The
Plan has entered into a fully benefit-responsive investment contract with
Metropolitan Life Insurance Co. (“MetLife”). MetLife maintains the
contributions in a general account. The account is credited with earnings
on the underlying investments and charged for participant withdrawals and
administrative expenses. The guaranteed investment contract issuer is
contractually obligated to repay the principal and a specified interest
rate that is guaranteed to the Plan. As described in Note 2, because the
guaranteed investment contract is fully benefit-responsive, contract value
is the relevant measurement attribute for that portion of the net assets
available for benefits attributable to the guaranteed investment contract.
Contract value, as reported to the Plan by MetLife, represents
contributions made under the contract, plus earnings, less participant
withdrawals and administrative expenses. Participants may ordinarily
direct the withdrawal or transfer of all or a portion of their investment
at contract value.
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There
are no reserves against contract value for credit risk of the contract
issuer or otherwise. The crediting interest rate is based on a formula
agreed upon with the issuer. Such interest rates are reviewed on a
quarterly basis for resetting.
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Certain
events limit the ability of the Plan to transact at contract value with
the issuer. Such events include the following: (1) amendments to the Plan
documents (including complete or partial plan termination or merger with
another plan), (2) changes to the Plan’s prohibition on competing
investment option or deletion of equity wash provision, (3) bankruptcy of
the Plan sponsor or other Plan sponsor events (for example, divestitures
or spin-offs of a subsidiary) that cause a significant withdrawal from the
Plan, or (4) the failure of the trust to qualify for exemption from
federal income taxes or any required prohibited transaction exemption
under ERISA. The Plan administrator does not believe that the occurrence
of any such value event, which would limit the Plan’s ability to transact
at contract value with Plan participants, is probable.
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The
guaranteed investment contract does not permit the insurance company to
terminate the agreement prior to the scheduled maturity
date.
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The
average yields of the guaranteed investment contract are as follows for
the year ended December 31, 2007:
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2007
|
|
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Based
on actual earnings
|
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5.77
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%
|
Based
on interest rate credited to participants
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|
5.10
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%
|
|
The
following table reconciles the fair value of the fully benefit-responsive
investment contract with its contract value as of December 31, 2007 and
2006:
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December
31,
|
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|
|
2007
|
|
|
2006
|
|
|
|
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Fair
value
|
|
$
|
778,204
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|
|
$
|
791,048
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Adjustment
from fair value to contract value
|
|
|
1,833
|
|
|
|
1,585
|
|
|
|
|
|
|
|
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Contract
value
|
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$
|
780,037
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$
|
792,633
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8.
|
RISKS
AND UNCERTAINTIES
|
|
|
|
The
Plan invests in mutual funds and common stock. Investment securities, in
general, are exposed to various risks such as interest rate, credit and
overall market volatility. Due to the level of risk associated with
certain investment securities, it is reasonably possible that changes in
the values of investment securities will occur in the near term and that
such changes could materially affect the amounts reported in the
Statements of Net Assets Available for
Benefits.
|
9.
|
RECONCILIATION
OF FINANCIAL STATEMENTS TO FORM 5500
|
|
|
|
A
reconciliation of net assets available for benefits according to the
financial statements consists of the following as of December 31, 2007 and
2006:
|
|
|
2007
|
|
|
2006
|
|
|
|
|
|
|
|
|
Net
assets available for benefits per the financial statements
|
|
$
|
10,630,488
|
|
|
$
|
11,272,148
|
|
Adjustment
from fair value to contract value for fully
|
|
|
|
|
|
|
|
|
benefit-responsive
investment contract
|
|
|
(1,833
|
)
|
|
|
(1,585
|
)
|
|
|
|
|
|
|
|
|
|
Net
assets available for benefits per the Form 5500
|
|
$
|
10,628,655
|
|
|
$
|
11,270,563
|
|
10.
|
CONVERSION
AND REORGANIZATION OF ABINGTON BANCORP, INC.
|
|
|
|
On
November 30, 2006, Abington Community Bancorp, Inc. announced that
Abington Community Bancorp, the Bank and Abington Mutual Holding Company
had adopted a Plan of Conversion and Reorganization (the “Plan of
Conversion”), which resulted in Abington Community Bancorp’s and the
Bank’s reorganization from the two-tier mutual holding company structure
to the stock holding company structure. On June 27, 2007, this
second-step conversion was completed after which Abington Mutual Holding
Company and Abington Community Bancorp, Inc. ceased to exist and Abington
Bancorp, Inc. (the “Company”) was organized as the new stock-form holding
company for the Bank and successor to Abington Community Bancorp. As part
of the conversion, each outstanding public share of common stock of
Abington Community Bancorp, Inc. (that is, shares owned by stockholders
other than Abington Mutual Holding Company) was exchanged for 1.6 shares
of the Company. No fractional shares were issued. Instead, cash was paid
to shareholders at $10 per share for any fractional shares that would
otherwise have been issued.
|
******
ABINGTON
BANK 401(k) PLAN
|
|
|
|
SCHEDULE
H, ITEM 4i—SCHEDULE OF ASSETS (HELD AT END OF YEAR)
|
|
DECEMBER
31, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Identity
of Issue, Borrower,
Lessor
or Similar Party*
|
|
Description
of Investment including
Maturity
Date, Rate of Interest,
Collateral,
Par or Maturity Value
|
|
Current
Value
|
|
|
|
|
|
|
|
|
|
Putnam
|
|
International
Equity Fund
|
|
$
|
285,526
|
|
|
|
|
|
|
|
|
|
|
American
Funds
|
|
Cap
World & Gro Inc
|
|
|
707,702
|
|
|
|
|
|
|
|
|
|
|
Wasatch
|
|
Small
Cap Fund
|
|
|
399,067
|
|
|
|
|
|
|
|
|
|
|
Lord
Abbett
|
|
Mid
Cap Value Fund
|
|
|
562,393
|
|
|
|
|
|
|
|
|
|
|
American
Funds
|
|
Amcap
Fund
|
|
|
360,116
|
|
|
|
|
|
|
|
|
|
|
Van
Kampen
|
|
Emerging
Growth
|
|
|
375,751
|
|
|
|
|
|
|
|
|
|
|
American
Funds
|
|
Invest.
Co. of America
|
|
|
542,360
|
|
|
|
|
|
|
|
|
|
|
Van
Kampen
|
|
Comstock
Fund
|
|
|
271,094
|
|
|
|
|
|
|
|
|
|
|
Russell
|
|
Equity
Aggressive
|
|
|
43,129
|
|
|
|
|
|
|
|
|
|
|
Russell
|
|
Aggressive
|
|
|
41,296
|
|
|
|
|
|
|
|
|
|
|
Russell
|
|
Moderate
|
|
|
67,937
|
|
|
|
|
|
|
|
|
|
|
Russell
|
|
Balanced
|
|
|
251,871
|
|
|
|
|
|
|
|
|
|
|
Russell
|
|
Conservative
|
|
|
3,346
|
|
|
|
|
|
|
|
|
|
|
Calvert
|
|
Income
|
|
|
252,976
|
|
|
|
|
|
|
|
|
|
|
Baron
|
|
Asset
Fund
|
|
|
254,032
|
|
|
|
|
|
|
|
|
|
|
Mainstay
|
|
Small
Cap Opportunity Fund
|
|
|
860
|
|
|
|
|
|
|
|
|
|
|
American
Funds
|
|
Intermediate
Bond
|
|
|
73,269
|
|
|
|
|
|
|
|
|
|
|
MetLife
|
|
Stable
Value Fund
|
|
|
778,204
|
|
|
|
|
|
|
|
|
|
|
Charles
Schwab
|
|
Self
Directed Brokerage Account
|
|
|
667,560
|
|
|
|
|
|
|
|
|
|
**
|
Abington
Bancorp, Inc.
|
|
Common
Stock
|
|
|
4,683,131
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
10,621,620
|
|
|
|
|
|
|
|
|
|
|
*All
parties are registered investment companies except for Abington Bancorp,
Inc.
|
|
|
**Indicates
party-in-interest to the Plan
|
|
|
|
|
|
***Column
(d), cost, has been omitted as all investments are participant
directed
|
|
|
|
|
SIGNATURES
The Plan
. Pursuant
to the requirements of the Securities Exchange Act of 1934, the administrator
for the Plan has duly caused this annual report to be signed by the undersigned
hereunto duly authorized.
|
ABINGTON
BANK 401(k) PLAN
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June
26, 2008
|
By:
|
/s/
Robert W. White
|
|
|
|
Robert
W. White, on behalf of
|
|
|
Abington
Savings Bank as the Plan
Administrator
|
INDEX
TO EXHIBITS
|
|
|
23
|
|
Consent
of Independent Registered Public Accounting
Firm
|
- 12
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