southernconnecticut8ka.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): February 6, 2009
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
February 6, 2009, Southern Connecticut Bancorp, Inc. (the “Company”) issued a
press release announcing its earnings and results of operations for the quarter
and year ended December 31, 2008. The press release and the
accompanying financial schedules included inaccurate information about the Tier
1 Leverage Capital Ratio and the financial highlights schedule accompanying the
press release contained inaccurate information about the deposit amounts at
December 31, 2008 set forth under “Balance Sheet Data."
The
Tier 1 Leverage Capital Ratio was 15.64% as of December 31, 2008. The
Company’s February 6, 2009 press release and the accompanying financial
schedules reported the Tier 1 Leverage Capital Ratio as 15.81% because such
ratio excluded the impact of goodwill relating to the asset purchase of
Evergreen Financial LLC.
The
deposit amounts listed in the financial highlights schedule accompanying the
Company’s February 6, 2009 press release reported the September 30, 2008 deposit
amounts instead of the deposit amounts at December 31, 2008. The
correct deposit amounts are set forth in the financial schedules
accompanying the Company’s corrected February 6, 2009 press release,
which are attached hereto 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 on Form 8-K is
incorporated herein by reference.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits.
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Exhibit
Number
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Description
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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:
March 26, 2009
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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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