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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
November 3, 2003
Date of Report (Date of earliest event reported)
PEAPACK-GLADSTONE FINANCIAL CORPORATION
(Exact name of Registrant as Specified in its Charter)
New Jersey
(State or Other Jurisdiction of Incorporation)
001-16197 22-3537895
(Commission File Number) (IRS Employer Identification No.)
158 Route 206, Peapack-Gladstone, New Jersey 07934
(Address of principal executive offices)
(908) 234-0700
(Registrant's telephone number, including area code)
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Item 12. Results of Operations and Financial Condition.
On November 3, 2003, Peapack-Gladstone Financial Corporation (the "Corporation")
issued a press release reporting earnings and other financial results for its
third quarter of 2003, which ended September 30, 2003. A copy of the press
release is attached to this Current Report on Form 8-K as Exhibit 99.1.
In addition to the financial results determined in accordance with generally
accepted accounting principles ("GAAP"), the press release also contains an
efficiency ratio, which is a non-GAAP disclosure. The Corporation believes the
efficiency ratio effectively measures a company's ability to control its
expenses in relation to increases and decreases in income components. The
Corporation calculates the efficiency ratio by dividing total other expense by
the total of net interest income and total other income excluding security gains
and losses. The formula used is a common formula for banks, which allows for
comparison to other banks. The formula may not be the same as that used by other
companies.
The information disclosed under this Item 12, including Exhibit 99.1, shall be
considered "furnished" but not "filed" for purposes of the Securities Exchange
Act of 1934, as amended.
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SIGNATURES
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 thereunto duly authorized.
PEAPACK-GLADSTONE FINANCIAL CORPORATION
Dated: November 6, 2003 By: /s/ Arthur F. Birmingham
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Arthur F. Birmingham
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Title
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99.1 Press Release dated November 3, 2003.
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