ITEM 8.01 OTHER EVENTS.
On March 31, 2009, the registrant's Board of Directors approved a Stock
Buyback Program. The program was approved for an indefinite time period and
authorizes the repurchase of up to 200,000 shares or approximately 9% of the
shares outstanding. Repurchases are authorized to be made by the Corporation
from time to time at the prevailing market prices on the open market in block
trades or in privately negotiated transactions as, in management's opinion,
market conditions warrant. Shares purchased will be held as treasury shares and
be available for use and reissuance as and when determined by the registrant's
Board of Directors.
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