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 | |
| (Date of earliest | |
| event reported): | September 15, 2004 |
TierOne Corporation
(Exact
name of registrant as specified in its charter)
| Wisconsin | 000-50015 | 04-3638672 |
| (State or other | (Commission File | (IRS Employer |
| jurisdiction of | Number) | Identification No.) |
| incorporation) |
1235 “N” Street,
Lincoln, Nebraska 68508
(Address of principal executive offices,
including zip code)
(402)
475-0251
(Registrant’s
telephone number, including area code)
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:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On September 15, 2004, TierOne Bank, a subsidiary of TierOne Corporation (the “Company”), entered into a definitive asset purchase agreement with First Indiana Bank of Indianapolis, Indiana (“First Indiana”) to acquire a portion of First Indiana’s active residential construction loan business. Pursuant to the asset purchase agreement, First Indiana will sell approximately $128 million of outstanding residential construction loans, against forward commitments of approximately $260 million, to TierOne Bank for an aggregate purchase price of approximately $129 million, which represents a premium of approximately $1 million. A copy of the Company’s press release announcing that TierOne Bank had entered into this definitive asset purchase agreement is being furnished as Exhibit 99 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 7.01. Regulation FD Disclosure.
On September 15, 2004, the Company issued a press release announcing that TierOne Bank had entered into a definitive asset purchase agreement with First Indiana to acquire a portion of First Indiana’s active residential construction loan business. A copy of this press release is being furnished as Exhibit 99 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
| (a) | Financial Statements of Business Acquired. |
| Not applicable. |
| (b) | Pro Forma Financial Information. |
| Not applicable. |
| (c) | Exhibits. The following exhibit is being furnished herewith: |
| 99 | Press Release of TierOne Corporation, dated September 15, 2004. |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TIERONE CORPORATION | |
Date: September 16, 2004 |
By: /s/ Gilbert G. Lundstrom |
| Gilbert G. Lundstrom | |
| Chairman of the Board and Chief Executive Officer |
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Exhibit
Number
| 99 | Press Release of TierOne Corporation, dated September 15, 2004. |
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