SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 2, 2012
SKAGIT STATE BANCORP, INC.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
Commission File Number
IRS Employer Identification No.
301 East Fairhaven Avenue
Burlington, Washington 98233
(Address of principal executive offices) (zip code)
Registrants telephone number, including area code: (360) 755-0411
(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 obligations of the registrant under any of the following provisions (see General Instruction A.2 below):
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 of (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act of (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On May 2, 2012, Skagit State Bancorp, Inc. (the Company) filed a Form 15 with the Securities and Exchange Commission to terminate registration under Section 12(g) of the Securities Exchange Act of 1934, as amended (Exchange Act).
As a result of the JOBS Act which was enacted on April 5, 2012, the Company had less than 2,000 shareholders and as such, was eligible to deregister its shares and therefore be exempt from the reporting requirements of the Exchange Act. Such deregistration will become effective 90 days from filing the Form 15.