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 10, 2007
VSB Bancorp, Inc.
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(Exact Name of Registrant as specified in its charter)
New York 0-50237 11-3680128
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(State or other jurisdiction Commission File IRS Employer
of incorporation) Number Identification No.
4142 Hylan Boulevard, Staten Island, New York 10308
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Address of principal (Zip/Postal Code) executive offices
Registrant's telephone number: 718-979-1100
n/a
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(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 10, 2007, VSB Bancorp, Inc. (the "Company") reported its
results of operations for the quarter ended September 30, 2007 of $496,279 or
diluted earnings per share of $0.26 and for the nine months ended September 30,
2007 of $1,534,071 or diluted earnings per share of $0.82. The balance sheet
includes the effects of adopting SEC Staff Accounting Bulleting Number 108. The
Company's return on average assets and average equity were 0.92% and 9.99%,
respectively, for the quarter ended September 30, 2007. This information and the
accompanying press release were disseminated on October 10, 2007 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 10, 2007 of VSB
Bancorp, Inc. describing the results of operations for the
quarter and nine months ended September 30, 2007 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 10, 2007
VSB Bancorp, Inc.
By: /s/ RAFFAELE M. BRANCA
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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, 2007.
2