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): May 8, 2003 BERKSHIRE BANCORP INC. -------------------------------------------- (Exact name of Registrant as specified in its charter) DELAWARE 01-13649 94-2563513 ---------------------- ---------- ---------- (State or other jurisdiction (Commission I.R.S.Employer of incorporation) File Number) Identification No. 160 Broadway, New York, New York 10038 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 791-5362 -------------- -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 9. Regulation FD Disclosure The following information is furnished in satisfaction of Item 12 "Disclosure of Results of Operations and Financial Condition" of Form 8-K and is being presented under Item 9 "Regulation FD Disclosure" pursuant to the interim guidance of the Securities and Exchange Commission contained in its Release no. 33-8216 and 34-47583. On May 8, 2003 Berkshire Bancorp, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2003. A copy of the Company's press release is attached hereto as Exhibit 99.1. 2 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 thereunto duly authorized. BEKSHIRE BANCORP INC. (Registrant) By: /s/ Steven Rosenberg ------------------------------ Steven Rosenberg President Date: May 9, 2003 3 EXHIBIT INDEX Exhibit No. Description of Document ----------- ----------------------- 99.1 Press Release of Berkshire Bancorp Inc. dated May 8, 2003 announcing financial results for the quarter ended March 31, 2003.