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 December 6, 2002
(Date of earliest event reported) December 5, 2002
Kankakee Bancorp, Inc.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-13676 36-3846489
(Commission File Number) (I.R.S. Employer Identification Number)
310 South Schuyler Avenue, Kankakee, Illinois 60901
(Address of principal executive offices) (Zip Code)
(815) 937-4440
(Registrant's telephone number, including area code)
Item 5. Other Information
On December 6, 2002, Kankakee Bancorp, Inc (the "Company"), the holding company
for KFS Bank, F.S.B. (the "Bank"), announced its appointment of Michael A.
Griffith to the boards of directors of both the Company and the Bank. The
appointment is made as part of the agreement with an investor group led by
Jeffrey L. Gendell, which agreement is attached hereto as Exhibit 10.1. The news
release is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
10.1 Standstill and Voting Agreement, dated as of December
5, 2002, among the Company, Jeffrey L. Gendell,
Tontine Management L.L.C., Tontine Partners L.P.,
Tontine Financial Partners, L.P. and Tontine Overseas
Associates, L.L.C.
99.1 News Release, dated December 6, 2002
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 hereunto duly authorized.
KANKAKEE BANCORP, INC.
Dated: December 6, 2002 By: /s/ Ronald J. Walters
----------------------------
Ronald J. Walters
Vice President and Treasurer
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