0001104659-20-117752.txt : 20201023 0001104659-20-117752.hdr.sgml : 20201023 20201023170022 ACCESSION NUMBER: 0001104659-20-117752 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20201019 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20201023 DATE AS OF CHANGE: 20201023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Community Bankers Trust Corp CENTRAL INDEX KEY: 0001323648 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 202652949 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32590 FILM NUMBER: 201258332 BUSINESS ADDRESS: STREET 1: 9954 MAYLAND DRIVE STREET 2: SUITE 2100 CITY: RICHMOND STATE: VA ZIP: 23233 BUSINESS PHONE: (804) 934-9999 MAIL ADDRESS: STREET 1: 9954 MAYLAND DRIVE STREET 2: SUITE 2100 CITY: RICHMOND STATE: VA ZIP: 23233 FORMER COMPANY: FORMER CONFORMED NAME: Community Bankers Trust CORP DATE OF NAME CHANGE: 20080603 FORMER COMPANY: FORMER CONFORMED NAME: Community Bankers Acquisition Corp. DATE OF NAME CHANGE: 20050413 8-K 1 tm2034182d1_8k.htm FORM 8-K
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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): October 19, 2020

 

 

 

COMMUNITY BANKERS TRUST CORPORATION

(Exact name of registrant as specified in its charter)

 

Virginia

(State or other jurisdiction

of incorporation)

001-32590

(Commission

File Number)

20-2652949

(IRS Employer

Identification No.)

     

9954 Mayland Drive, Suite 2100

Richmond, Virginia

(Address of principal executive offices)

 

23233

(Zip Code)

       

 

Registrant’s telephone number, including area code: (804) 934-9999

 

Not Applicable

(Former name or former address, if changed since last report)

 

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, $0.01 par value ESXB The NASDAQ Stock Market, LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

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

 

Effective October 19, 2020, Community Bankers Trust Corporation (the “Company”) appointed Ira C. Harris to its Board of Directors and the Board of Directors of Essex Bank, the Company’s subsidiary. The Company has not yet determined the committees of the Board of Directors to which he will be named. Dr. Harris will be compensated in the same manner as the other directors of the Company.

 

The Company issued a press release reporting the appointment of Dr. Harris to the Board on October 23, 2020. The press release is being filed as Exhibit 99.1 to this report.

 

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.

 

  Exhibit No. Description
     
  99.1 Press release issued October 23, 2020

 

 

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  COMMUNITY BANKERS TRUST CORPORATION
  (Registrant)  
       
       
       
Date:  October 23, 2020 By: /s/ John M. Oakey, III  
    John M. Oakey, III  
    Executive Vice President, General Counsel and Secretary

 

 

 

 

 

 

 

 

EX-99.1 2 tm2034182d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

Community Bankers Trust Corporation Announces

Appointment of New Board Member

 

 

October 23, 2020 (Richmond, Virginia) – Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that it has appointed Ira C. Harris to its Board of Directors.  Dr. Harris will also serve as an independent director of the Bank.

 

Dr. Harris has been a member of the faculty of the McIntire School of Commerce at the University of Virginia since 2003. His expertise focuses on business management, corporate governance and mergers and acquisitions, and he has analyzed boards of directors and their approaches to major strategic decisions. Before joining the McIntire School, he taught at the University of Notre Dame and Texas A&M University. Dr. Harris is a certified public accountant and worked as an auditor with Deloitte Haskins & Sells and as a financial reporting manager at MCI Telecommunications. He has owned and operated Store-Tel Storage, his family’s self-storage business in Tappahannock, Virginia, since 2003. Dr. Harris is a graduate of Howard University, and he holds a M.B.A. in corporate strategy from the University of Pennsylvania and his Ph.D. in strategic management from The University of Texas at Austin.

 

Dr. Harris stated, “I am appreciative of the opportunity to work with the Board of Directors and management as we move forward in an evolving industry. I am eager to complement the expertise and experience already on the Board with my insight into strategic corporate management and oversight, and my experience in having done so specifically in the banking industry.”

 

Dr. Harris previously served on the Board of Directors of Eastern Virginia Bankshares, Inc. from 2004 until it was acquired by Southern National Bancorp of Virginia, Inc. in 2017.

 

John C. Watkins, Chairman of the Board of the Company and the Bank, stated, “We are pleased to welcome Ira to our Board of Directors. We are also grateful to have the opportunity to enhance our Board with Ira’s unique skillset as a professional and academic, as well as with his years of experience with public and private companies, including in our industry. We look forward to his insights and perspectives adding immediate value in the boardroom. The addition of Ira is another step in our ongoing process of board refreshment, as we remain focused on maximizing shareholder value, through successfully executing on our business plan and critically analyzing strategic opportunities that become available.”

 

*          *          *          *          *

 

About Community Bankers Trust Corporation and Essex Bank

 

Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 24 full-service offices, 18 of which are in Virginia and six of which are in Maryland. The Bank also operates two loan production offices.

 

 

 

 

Additional information on the Bank is available on the Bank’s website at www.essexbank.com. For information on Community Bankers Trust Corporation, please visit its website at www.cbtrustcorp.com.

 

 

Contact: John M. Oakey, III
Community Bankers Trust Corporation
804-934-9999

 

 

 

 

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