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: September 24, 2009
Date of earliest event reported: September 22, 2009
NASB FINANCIAL, INC.
(Exact Name of Registrant as Specified in Its Charter)
MISSOURI
(State or Other Jurisdiction of Incorporation)
0-24033 43-1805201
(Commission File Number) (I. R. S, Employer Identification No.)
12498 South 71 Highway
Grandview, Missouri 64030
(Address of Principal Executive offices)(Zip Code)
(816) 765-2200
(Registrant's telephone number, including area code)
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 communications 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))
Item 4.01 Changes in Registrant's Certifying Accountant
On September 22, 2009, the Board of Directors and the Audit Committee
of NASB Financial, Inc. ("NASB" or the "Company") appointed KPMG, LLP
("KPMG") as the Company's principal accountants for the year ending
September 30, 2010, subject to completion by KPMG of its standard
client evaluation procedures. The Audit Committee chose not to renew
the engagement of BKD, LLP, which is currently serving as the Company's
principal accountant, and notified BKD, LLP that upon completion of the
2009 engagement and the filing of the Company's Annual Report on Form
10-K for the year ending September 30, 2009, the Company intends to
dismiss BKD, LLP as their independent auditors. This appointment of
KPMG will be presented to stockholders for ratification at the
Company's annual meeting on January 26, 2010. If the stockholders do
not ratify the selection of KPMG, the selection will be reconsidered by
the Board of Directors.
BKD, LLP will be NASB's independent certified public accountants for
the fiscal year ending September 30, 2009. For fiscal years ended
September 30, 2008 and 2007, BKD, LLP issued unqualified opinions on
the consolidated financial statements of NASB Financial, Inc. The
audit reports of BKD, LLP on the effectiveness of internal control over
financial reporting as of September 30, 2008 and 2007 did not contain
any adverse opinion or disclaimer of opinion, nor were they qualified
or modified as to uncertainty, audit scope, or accounting principles.
In connection with the audits of the Company's consolidated financial
statements for each of the two fiscal years ended September 30, 2008
and 2007, and for the subsequent interim period through September 24,
2009, there were no: (1) disagreements with BKD, LLP on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope and procedures, that, if not resolved to the
satisfaction of BKD, LLP, would have caused it to make reference to
the subject matter of the disagreement in its reports regarding the
Company's financial statements for such years, or (2) reportable
events. The Company has requested BKD, LLP to furnish letters
addressed to the Office of Thrift Supervision and the Securities and
Exchange Commission stating whether it agrees with the above
statements. Copies of those letters dated September 24, 2009, are filed
as Exhibit 16.1 and Exhibit 16.2 to this Form 8-K.
During the fiscal years ended September 30, 2007 and 2008 and through
the date of this filing, neither the Company nor anyone acting on its
behalf consulted with KPMG regarding any of the matters or events
described in Items 304(a)(2)(i) and (ii) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit 16.1 - Letter from BKD, LLP stating that it agrees with the
above statements
Exhibit 16.2 - Letter from BKD, LLP stating that it agrees with the
above statements
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.
NASB FINANCIAL, INC.
September 24, 2009 By: /s/ Rhonda Nyhus
Rhonda Nyhus
Vice President and
Treasurer