-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JShyvx7bZljriWSOrlXBnWzrUHFb1E6ekHl7DqIqedfh4Hu5RBxJ8KO8fZjrrSXK acNJYSBZcG9DaQq6xmX3rA== 0001171843-10-001170.txt : 20100628 0001171843-10-001170.hdr.sgml : 20100628 20100628144709 ACCESSION NUMBER: 0001171843-10-001170 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100624 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20100628 DATE AS OF CHANGE: 20100628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS SOUTH BANKING CORP CENTRAL INDEX KEY: 0001051871 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 542069979 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23971 FILM NUMBER: 10919758 BUSINESS ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 BUSINESS PHONE: 7048685200 MAIL ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 FORMER COMPANY: FORMER CONFORMED NAME: GASTON FEDERAL BANCORP INC DATE OF NAME CHANGE: 19971222 8-K 1 f8k_062810.htm FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 8-K

Current Report
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934

Date of Report: ­June 24, 2010


Citizens South Banking Corporation
(Exact Name of Registrant as Specified in Charter)

Delaware
0-23971
54-2069979
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation)
  
Identification No.)

519 South New Hope Road, Gastonia, North Carolina
28054-4040
(Address of Principal Executive Offices)
(Zip Code)

Registrant's telephone number, including area code:  704-868-5200

 
 
 
Item 5.02      Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

In accordance with the Company’s bylaws, Charles D. Massey retired from the Board of Directors after 39 years of service at the conclusion of the Annual Meeting.

Item 5.07      Submission of Matters to a Vote of Securities Holders

The Company’s Annual Meeting of Stockholders was held on June 24, 2010.  The matters considered and voted on by the Company’s stockholders at the Annual Meeting were as follows:

Proposal I:  The election of three directors for a three year term.

 
Nominee
Shares Voted For
Shares Withheld
Broker Non-Votes
Richard K. Craig
5,867,804
40,397
1,442,913
Eugene R. Matthews, II
5,859,760
48,441
1,442,913
Kim S. Price
5,834,445
73,756
1,442,913

Proposal II:  The approval of an advisory non-binding proposal to approve the Company’s executive compensation program and policies.

 
Shares Voted For
Shares Voted Against
Abstentions
6,737,582
528,819
84,713

Proposal III:  The ratification of appointment of Cherry, Bekaert & Holland L.L.P as the Company’s Independent Registered Public Accounting Firm for the year ending December 31, 2010.

 
Shares Voted For
Shares Voted Against
Abstentions
7,325,594
19,597
5,923

Proposal IV:  The approval of issuance of shares of common stock upon the conversion of the Company’s recently issued 8,280 shares of Mandatorily Convertible Cumulative Non-Voting Perpetual Preferred Stock, Series B.

 
Shares Voted For
Shares Voted Against
Abstentions
5,552,381
291,515
64,305


 
 
 
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.

  CITIZENS SOUTH BANKING CORPORATION
 
 
 
 
  
DATE:  June 24, 2010
By:
/s/ Kim S. Price
   
Kim S. Price
   
President and Chief Executive Officer
     
 
By:
/s/ Gary F. Hoskins
   
Gary F. Hoskins
   
Chief Financial Officer
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