southernconnecticut8k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): August 14, 2008
Southern
Connecticut Bancorp, Inc.
(Exact
name of registrant as specified in its charter)
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Connecticut
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000-49784
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06-1609692
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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215
Church Street
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New
Haven, Connecticut
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06510
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code (203) 782 – 1100
NOT
APPLICABLE
(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:
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
2.02 Results of Operations and Financial Condition.
On July
18, 2008, Southern Connecticut Bancorp, Inc. (the “Company”) issued a press
release announcing its financial results for the second quarter ended June 30,
2008. The press release and the accompanying financial schedules did
not include information regarding the Company’s diluted earnings per share for
the three months ended June 30, 2008 and contained inaccurate information about
the total amount of non-accrual loans at June 30, 2008.
The
Company’s basic and diluted earnings per share for the three months ended June
30, 2008 were $0.03 and $0.02, respectively. The Company’s July 18,
2008 press release omitted diluted earnings per share of $.02 for the three
months ended June 30, 2008.
The
Company had $1,178,506 of non-accrual loans at June 30, 2008. The
Company’s July 18, 2008 press release inaccurately reported this amount as being
$775,617. The loan amounts representing the increase had been included in 90
days past due and accruing loans.
Corrected
financial schedules to the Company’s July 18, 2008 press release are furnished
as Exhibit 99.1 to this amended Current Report on Form 8-K.
Item
7.01. Regulation FD Disclosure.
The
information reported in Item 2.02 of this amended Current Report is incorporated
herein by reference.
Item 9.01.
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(d) |
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Financial Statements and
Exhibits. |
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Exhibits. |
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Exhibit
Number
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Description
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99.1
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Corrected
financial schedules to press release issued July 18,
2008
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
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Date:
August 14, 2008
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SOUTHERN
CONNECTICUT BANCORP, INC.
/s/ John H.
Howland
John
H. Howland
President
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EXHIBIT
INDEX
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Exhibit
Number
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Description
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