8-K

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): September 27, 2013

DCB FINANCIAL CORP

(Exact name of registrant as specified in its charter)

Ohio	0-22387	31-1469837
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

110 Riverbend Avenue, Lewis Center, Ohio 43035

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (740) 657-7000

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 (see General Instruction A.2. below):

¨ 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 1.02. Termination of Material Definitive Agreement

The Delaware County Bank & Trust Company (Bank), the wholly-owned banking subsidiary of DCB Financial Corp, announced that the Federal Deposit Insurance Corporation (FDIC) terminated its Consent Order with the Bank that was issued on October 27, 2010. Concurrently, the Ohio Division of Financial Institutions (ODFI) terminated its Written Agreement with the Bank that was issued on the same date. The Bank received notice of the ODFI’s termination of the Written Agreement on September 27, 2013 and notice of the FDIC’s termination on October 2, 2013.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are furnished herewith:

Exhibit
Number	Exhibit Description
99.1	Press Release dated October 3, 2013

SIGNATURE

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.

	DCB FINANCIAL CORP
Date: October 3, 2013
	By:	/s/ Ronald J. Seiffert
		Ronald J. Seiffert
		President and Chief Executive Officer

EX-99.1

Exhibit 99.1

 

NEWS RELEASE

For Immediate Release Contact: Ronald J. Seiffert

October 3, 2013      (740) 657-7910

DELAWARE COUNTY BANK ANNOUNCES TERMINATION of
FDIC CONSENT ORDER AND ODFI WRITTEN AGREEMENT

LEWIS CENTER, Ohio – The Delaware County Bank & Trust Company (DCB), the banking subsidiary of DCB Financial Corp (OTC Bulletin Board: DCBF) announced today that the Federal Deposit Insurance Corporation (FDIC) has terminated the Consent Order which was issued on October 27, 2010. Concurrently, the Ohio Division of Financial Institutions (ODFI) has terminated its Written Agreement with DCB that was issued on the same date.

“The lifting of the regulatory agreements is a major milestone in the transformation of DCB into a high-performing community bank,” said Ron Seiffert, DCB President and CEO.

Seiffert continued, “For nearly three years, our board of directors, management and employees worked tirelessly to implement the corrective actions necessary to free the Bank from this higher level of regulatory supervision. We have enjoyed strong support from our customers, shareholders and the local community over the years, and that continuing support was vital to the Bank’s turnaround. As we now turn our attention to the execution of our strategic plan, I would like to express, on behalf of our board of directors and management, our appreciation to all who contributed to the significant accomplishments of the past three years.”

Vicki Lewis, Chair of the Board of DCB, added “We are extremely proud of and thankful for our employees and our customers who believed in us and stood by us as we successfully addressed the issues of the regulatory orders.”

About The Delaware County Bank

The Delaware County Bank and Trust Company is a full service commercial bank with 16 banking offices in Central Ohio, providing a full range of financial services including checking, loans, savings, insurance and investment services to customers for 63 years. DCB Financial Corp (OTC Bulletin Board: DCBF), parent company of The Delaware County Bank, is a financial holding company headquartered in Lewis Center, Ohio. For more information about The Delaware County Bank and DCB Financial Corp, please visit www.webdcb.com.

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Corporate Center

P.O. Box 1001

Lewis Center, OH

43035

(740) 657-7000 or

(800) 631-0322

www.webdcb.com