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) March 29, 2010


AMCORE Financial, Inc.
(Exact name of registrant as specified in its charter)


NEVADA
 
0-13393
 
36-3183870
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
501 Seventh Street, Rockford, Illinois
 
61104
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (815) 968-2241



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 (see General Instruction A.2. below):
  [   ] 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 2.01. Completion of Acquisition or Disposition of Assets.

On March 29, 2010, AMCORE Financial, Inc.'s (the "Company") wholly-owned subsidiary, AMCORE Bank, N.A. (the "Seller"), announced that it had completed the previously announced sale of twelve branches and two drive-up facilities (the "Branch Sale") located in the Illinois communities of Dixon, Freeport, Mendota, Oregon, Peru, Princeton, Rock Falls and Sterling to Midland States Bank of Effingham, Illinois. The Branch Sale was previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on January 5, 2010 under Item 1.01, Entry into a Material Definitive Agreement.

The transaction includes up to $430 million in loans, $495 million in deposits and sweep accounts, up to $400 million in trust and brokerage account relationships, as well as the branch facilities, related fixed assets and leases. In connection with the sale, the Seller receives a 1.5% deposit premium and a $1.5 million trust account premium.

Item 7.01. Regulation FD Disclosure.

On March 29, 2010, the Company announced that its wholly-owned subsidiary, AMCORE Bank, N.A. completed a transaction with Midland States Bank to sell twelve branches and two drive-up facilities located in various Illinois communities. The press release is attached hereto as Exhibit 99.1 and is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise stated in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1 Press Release, dated March 29, 2010


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    AMCORE Financial, Inc.
(Registrant)

March 29, 2010
(Date)
  /s/   JUDITH CARRE SUTFIN
Judith Carre Sutfin
Executive Vice President and Chief Financial Officer,
(Duly authorized officer of the registrant and principal financial officer)


EXHIBIT INDEX

Exhibit No.

Description

99.1 Press Release, dated March 29, 2010
Amcore Financial (MM) (NASDAQ:AMFI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Amcore Financial (MM) Charts.
Amcore Financial (MM) (NASDAQ:AMFI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Amcore Financial (MM) Charts.