UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

SEC File Number:

001-14681

 

CUSIP Number:

707 874 400

 

(Check one) o Form 10-K

o Form 20-F

o Form 11-K

x Form 10-Q

o Form 10-D

o Form N-SAR

o Form N-CSR

 

For Period Ended: June 30, 2007

 

 

[

] Transition Report on Form 10-K

 

[

] Transition Report on Form 20-F

 

[

] Transition Report on Form 11-K

 

[

] Transition Report on Form 10-Q

 

[

] Transition Report on Form N-SAR

 

For the transition period ended: Not applicable

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: Not applicable

 

PART I - REGISTRANT INFORMATION

 

Penn Treaty American Corporation

Full Name of Registrant

 

Not applicable

Former Name if Applicable

 

3440 Leigh Street

Address of Principal Executive Office

 

Allentown, PA 18103

City, State and Zip Code

 


PART II - RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)     o

 

(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III - NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Company had requested an interpretation by the staff of the Securities and Exchange Commission of its position regarding the prospective unlocking of assumptions employed in its policyholder benefit reserve liability and unamortized deferred acquisition cost asset and all of the Company’s periodic reports were delayed while such request was pending. Although this matter has not yet been concluded, the Company filed its Annual Report on Form 10-K for the year ended December 31, 2005 on March 26, 2007 utilizing its most recent “locked in” factors in computing its results at December 31, 2005 and is preparing its other periodic reports on the same basis.

 

PART IV - OTHER INFORMATION

 

 

(l)

Name and telephone number of person to contact in regard to this notification

 

 

Justin P. Klein

215-864-8606

 

(Name)

(Area code) (Telephone Number)

 

(2)          Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). o Yes x No

 

 

 

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The Company has not filed Quarterly Reports on Form 10-Q for the quarters ended March 31, 2006, June 30, 2006, September 30, 2006 and March 31, 2007 or an Annual Report on Form 10-K for the year ended December 31, 2006.

 

(3)          Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? o Yes o No

 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

For the reasons stated above, the Company has not yet determined its results for the quarter ended June 30, 2007.

 

 

 

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Penn Treaty American Corporation

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 10, 2007

By: /s/ Mark D. Cloutier

Mark D. Cloutier

Executive Vice President, Chief Financial Officer and Treasurer

 

ATTENTION

 

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

 

 

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