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)
March 25, 2016
FNB BANCORP
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
000-49693 | 92-2115369 | |
(Commission File Number) | (IRS Employer Identification No.) |
975 El Camino Real, South San Francisco, California | 94080 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (650) 588-6800
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):
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 (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On March 25, 2016, the registrant announced that its Board of Directors has declared a quarterly cash dividend of fifteen cents per share on the Company's Common Stock totaling approximately $682,676.40. The dividend is payable to shareholders of record as of January 29, 2016, payable on February 16, 2016.
A copy of the News Release issued by the registrant on March 25, 2016, is attached to this report as Exhibit 99.01 and is incorporated here by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
99.01 | News Release dated March 25, 2016, announcing a cash dividend payable on May 16 , 2016. |
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.
FNB BANCORP (Registrant) | |||
Dated: March 25, 2016. | By: | /s/ Dave A. Curtis | |
Dave A. Curtis | |||
Senior Vice President and | |||
Chief Financial Officer |
Exhibit 99.01
NEWS RELEASE
For Immediate Release | Contact: Tom McGraw 650-875-4865 |
FNB Bancorp Declares Second Quarter Dividend 2016
South San Francisco, CA: March 25, 2016: FNB Bancorp (Bulletin Board FNBG.OB), ), the holding company for First National Bank of Northern California, announced that its Board of Directors has declared a quarterly cash dividend of fifteen cents per share on the Company's Common Stock totaling approximately $682,676.40. The dividend is payable on May 16, 2016 to shareholders of record as of April 29, 2016.
Cautionary Statement: This release contains certain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those stated herein. Management's assumptions and projections are based on their anticipation of future events and actual performance may differ materially from those projected. Risks and uncertainties which could impact future financial performance include, among others, (a) competitive pressures in the banking industry; (b) changes in the interest rate environment; (c) general economic conditions, either nationally or regionally or locally, including fluctuations in real estate values; (d) changes in the regulatory environment; (e) changes in business conditions or the securities markets and inflation; (f) possible shortages of gas and electricity at utility companies operating in the State of California, and (g) the effects of terrorism, including the events of September 11, 2001, and thereafter, and the conduct of war on terrorism by the United States and its allies. Therefore, the information set forth herein, together with other information contained in the periodic reports filed by FNB Bancorp with the Securities and Exchange Commission, should be carefully considered when evaluating its business prospects. FNB Bancorp undertakes no obligation to update any forward-looking statements contained in this release.