0001447051 false 0001447051 2023-09-12 2023-09-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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 12, 2023

 

TERRITORIAL BANCORP INC.

(Exact Name of Registrant as Specified in its Charter)

 

Maryland 1-34403 26-4674701
(State or Other Jurisdiction
of Incorporation)
(Commission File No.) (I.R.S. Employer Identification No.)

 

1003 Bishop St., Suite 500, Honolulu, Hawaii   96813
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (808) 946-1400 

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K 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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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. ¨

 

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, par value $0.01 per share   TBNK   The NASDAQ Stock Market LLC

  

 

  

 

 

 

Item 8.01Other Events

 

On September 12, 2023, Territorial Bancorp Inc. announced the completion of its twelfth stock repurchase program. Under this share repurchase program, the Company was authorized to repurchase up to $5,000,000 of its outstanding shares. A copy of the press release announcing the declaration is attached as Exhibit 99 to this report.

 

The press release attached as an exhibit to this Current Report pursuant to this Item 8.01 is being furnished to, and not filed with, the Securities and Exchange Commission.

 

Item 9.01Financial Statements and Exhibits

 

(a)Not Applicable.

 

(b)Not Applicable.

 

(c)Not Applicable.

 

(d)Exhibits.

 

Exhibit 
No.Exhibit
  
99September 12, 2023 Press release: Territorial Bancorp Inc. Completes Twelfth Repurchase Program
  
104Cover Page Interactive Data File (embedded with the inline XBRL document)

 

 

 

 

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.

 

  Territorial Bancorp Inc.
   
DATE: September 12, 2023 By: /s/ Vernon Hirata
  Vernon Hirata
  Vice Chairman, Co-Chief Operating Officer and Secretary