UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): October 11, 2006
VSB Bancorp, Inc.
------------------------------------------------------
(Exact Name of Registrant as specified in its charter)
New York 0-50237 11-3680128
--------------------------------------------------------------------------------
(State or other jurisdiction Commission File IRS Employer Identification
of incorporation) Number No.
3155 Amboy Road, Staten Island, New York 10306
--------------------------------------------------------
Address of principal (Zip/Postal Code) executive offices
Registrant's telephone number: 718-979-1100
n/a
-------------------------------------------------------------
(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:
[ ] Written communication 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))
TABLE OF CONTENTS
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On October 11, 2006, VSB Bancorp, Inc. (the "Company") reported its results
of operations for the quarter ended September 30, 2006 of $644,129 or diluted
earnings per share of $0.34 and for the nine months ended September 30, 2006 of
$1,821,810 or diluted earnings per share of $0.98. All share data have been
adjusted for the Bancorp's five-for-four stock split, in the form of a 25% stock
dividend, paid on May 18, 2006. The Company's return on average assets and
average equity was 1.14% and 15.87%, respectively, for the quarter ended
September 30, 2006. This information and the accompanying press release were
disseminated on October 11, 2006 through the broad distribution of the press
release in a manner designed to provide broad, non-exclusionary distribution of
the information to the public, but this voluntary report on Form 8-K is being
filed so that the public can have a consistent source for earnings releases by
searching the SEC's EDGAR database.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits - Press Release dated October 11, 2006 of VSB Bancorp, Inc.
describing the results of operations for the quarter and the nine
months ended September 30, 2006 is annexed as Exhibit 99.1.
For additional information, see annexed Exhibit 99.1.
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.
Dated: October 11, 2006
VSB Bancorp, Inc.
By: /s/ RAFFAELE M. BRANCA
--------------------------------
Raffaele M. Branca
Executive Vice President and CFO
INDEX TO EXHIBITS
Exhibit No. Description
99.1 Press Release reporting results of operations for the quarter
and nine months ended September 30, 2006.