0000950123-15-002720.txt : 20150218 0000950123-15-002720.hdr.sgml : 20150216 20150217143401 ACCESSION NUMBER: 0000950123-15-002720 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150213 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Athens Bancshares Corp CENTRAL INDEX KEY: 0001472093 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 270920126 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34534 FILM NUMBER: 15621095 BUSINESS ADDRESS: STREET 1: 106 WASHINGTON AVENUE STREET 2: P P BOX 869 CITY: ATHENS STATE: TN ZIP: 37371-0869 BUSINESS PHONE: 423 745 1111 MAIL ADDRESS: STREET 1: 106 WASHINGTON AVENUE STREET 2: P P BOX 869 CITY: ATHENS STATE: TN ZIP: 37371-0869 8-K 1 d874666d8k.htm FORM 8-K FORM 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): February 13, 2015

 

 

ATHENS BANCSHARES CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

 

 

Tennessee   001-34534   27-0920126

(State or Other Jurisdiction

of Incorporation or Organization)

  

(Commission

File No.)

  

(I.R.S. Employer

Identification No.)

 

106 Washington Avenue, Athens, Tennessee   37303
(Address of Principal Executive Offices)   (Zip Code)

(423) 745-1111

(Registrant’s telephone number, including area code)

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 (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 8.01 Other Events.

On February 13, 2015, Athens Bancshares Corporation issued a press release to report that its wholly-owned subsidiary Athens Federal Community Bank has applied to the Office of the Comptroller of the Currency for permission to convert to a national bank. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporate herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Number

   

Description

99.1    Press release dated February 13, 2015

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.

 

ATHENS BANCSHARES CORPORATION
Date: February 17, 2015 By:

/s/    Michael R. Hutsell

Michael R. Hutsell
Treasurer and Chief Financial Officer
 EX-99.1 2 d874666dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

*PRESS RELEASE*

Contact:

Jeffery L. Cunningham

President and Chief Executive Officer

(423) 745-1111

Athens Bancshares Corporation’s Bank Subsidiary

Applies for National Bank Charter

Athens, Tennessee; February 13, 2015 – Athens Bancshares Corporation (Nasdaq: “AFCB”) (the “Company”), the holding company for Athens Federal Community Bank (the “Bank”), announced today that the Bank has applied to the Office of the Comptroller of the Currency (the “OCC”) for permission to convert to a national bank.

Jeffrey L. Cunningham, President and Chief Executive Officer, said, “The proposed conversion to a national bank charter is an important step in the Bank’s evolution from a traditional thrift institution focused primarily on residential mortgage lending to a full-service community financial institution.”

The Company will apply to the Federal Reserve Board (the “FRB”) for permission to become a bank holding company in connection with the conversion transaction.

Upon conversion, the converted Bank will continue to operate under the name “Athens Federal Community Bank” and will become a member of the Federal Reserve System. The OCC will continue as the primary federal banking regulator of the converted Bank and the Federal Deposit Insurance Corporation (the “FDIC”) will continue to insure the converted Bank’s deposit accounts to the fullest extent permitted by law, without interruption. The Company will operate as the bank holding company for the converted Bank and will continue to be regulated by the FRB.

The charter conversion is expected to be effective in the second calendar quarter of 2015, subject to the receipt of regulatory approval.

Athens Federal Community Bank, a federally chartered, FDIC-insured savings bank, was organized in 1934. The Bank is headquartered in Athens, Tennessee, and provides financial services to individuals, families and businesses through its seven banking offices located in southeast Tennessee.

This press release may contain certain forward-looking statements which are based on management’s current expectations and plans regarding the proposed charter conversion. Forward-looking statements often contains the words “plans, “expects,” “intends” or similar words. Factors that could cause future results to vary materially from current management expectations and plans include, but are not limited to, the ability to obtain the required regulatory approvals to consummate the proposed charter conversion, the existence of any conditions contained in such approvals that may have a material adverse effect on the Company’s and the Bank’s respective business and operations, and delays in obtaining such approvals. The Company and the Bank disclaim any duty to update any such forward-looking statements, except as may be required by applicable law and regulation.