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):
March 5, 2007
INTERMOUNTAIN COMMUNITY BANCORP
(Exact name of registrant as specified in its charter)
Idaho
(State or other jurisdiction of incorporation)
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| 000-50667
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82-0499463 |
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| (Commission File Number)
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IRS Employer Identification No. |
231 North Third Avenue
Sandpoint, Idaho 83864
(Address of principal executive offices) (zip code)
Registrant’s telephone number, including area code: (208) 263-0505
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligations of the registrant under any of the following provisions (see General Instruction
A.2 below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act of (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act of (17 CFR 240.13e-4(c))
Item 8.01 OTHER EVENTS
Ford Elsaesser, director of Intermountain Community Bancorp (the “Company”) advised the
Company that on March 5, 2007 he entered into a stock trading plan, designed to comply with Rule
10b5-1 of the Securities Exchange Act of 1934, as amended. Under Rule 10b5-1, officers and
directors may adopt a prearranged plan or contract for the sale of Company securities under
specified conditions and at specified times. Mr. Elsaesser’s plan allows for the sale of a total
of up to 30,000 shares of the Company’s common stock, selling 5,000 shares on the first of each
month subject to specified limitations. Sales pursuant to this plan may begin on April 1, 2007 and
will terminate when all of the shares are sold, unless otherwise terminated sooner in accordance
with the plan’s terms. Mr. Elsaesser further advised the Company that he will publicly disclose
any stock sales made under the Rule 10b5-1 plan as required by the Federal securities laws.
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