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) November 14, 2006
BankAtlantic Bancorp, Inc.
(Exact name of registrant as specified in its charter)
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| Florida
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34-027228
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65-0507804 |
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| (State or other jurisdiction
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(Commission
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(I.R.S. Employer |
| of incorporation)
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File Number)
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Identification No.) |
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2100 West Cypress Creek Road
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Ft. Lauderdale, Florida
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33309 |
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(Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code 954-940-5000
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c)) |
TABLE OF CONTENTS
Item 7.01. Regulation FD Disclosure
BankAtlantic Bancorp, Inc. (the “Company”) is furnishing presentation materials included as
Exhibit 99.1 to this report pursuant to Item 7.01 Form 8-K. The Company is changing its
presentation materials furnished on its November 2, 2006 Form 8-K to include a $26.6 million loan
in non-performing assets and the presentation materials filed herewith supercede the materials
filed with the November 2, 2006 Form 8-K. The Company will incorporate these presentation
materials in its investor presentations during the fourth quarter of 2006. The information in this
report (including Exhibit 99.1) is being furnished pursuant to Item 7.01 and shall not be deemed to
be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section. This report will not be deemed an admission as to the
materiality of any information herein (including Exhibit 99.1). The presentation also contains
financial information determined by methods other than in accordance with GAAP. The Company’s
management uses these non-GAAP measures, which it defines as “operating” measures, in their
analysis of the Company’s performance. These “operating” measures adjust GAAP net income to
exclude the reserve for fines and penalties related to a compliance matter, an impairment charge
related to the Company’s former headquarters, and costs and gains associated with debt redemptions.
The “operating” measures also adjust BankAtlantic’s GAAP net interest margin to exclude interest
income and interest expense associated with loan participations sold that are accounted for as
secured borrowings. The Company believes that these non-GAAP operating measures supplement our
GAAP financial information and provide useful measures of evaluating the Company’s operating
results and any related trends that may be affecting the Company’s business. These disclosures
should not be viewed as a substitute for operating results determined in accordance with
GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be
presented by other companies. The Company is not undertaking to update this presentation in
subsequent periods.
Item 9.01 Financial Statements and Exhibits
(c) Investor presentation materials.