SEC Filing Summary: Westfield Financial, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Westfield Financial, Inc. on July 28, 2004. The report covers corporate structural changes completed on July 23, 2004, and the announcement of financial results for the second quarter of fiscal year 2004.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report references a press release (Exhibit 99.1) containing the second-quarter earnings details but explicitly states that no financial statements or pro forma financial information are required to be filed with this specific report.
Material Changes
On July 23, 2004, the company completed transactions under an Amended Plan of Charter Conversion:
- Westfield Mutual Holding Company converted from a Massachusetts-chartered mutual holding company to a federally-chartered mutual holding company.
- Westfield Bank converted from a Massachusetts-chartered savings bank to a federally-chartered savings bank.
- Westfield Financial, Inc. became a mid-tier stock holding company for Westfield Bank in federal form.
Guidance, Outlook, and Risks
The filing does not contain specific management guidance, outlook, or risk factors within the text of the 8-K. It notes that the press release describing second-quarter earnings is attached as Exhibit 99.1 but clarifies that this information is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated July 28, 2004) for specific second-quarter 2004 earnings figures.
- Verify the operational impact of the charter conversions to federal status for both the holding company and the bank.
- Confirm the new corporate structure where Westfield Financial, Inc. acts as a mid-tier stock holding company.