0000943374-17-000246.txt : 20170615 0000943374-17-000246.hdr.sgml : 20170615 20170615164306 ACCESSION NUMBER: 0000943374-17-000246 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170615 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: 20170615 DATE AS OF CHANGE: 20170615 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BSB Bancorp, Inc. CENTRAL INDEX KEY: 0001522420 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35309 FILM NUMBER: 17913937 BUSINESS ADDRESS: STREET 1: 2 LEONARD STREET CITY: BELMONT STATE: MA ZIP: 02478 BUSINESS PHONE: (617) 484-6700 MAIL ADDRESS: STREET 1: 2 LEONARD STREET CITY: BELMONT STATE: MA ZIP: 02478 8-K 1 form8k_61517.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 EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 15, 2017

BSB BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)

Maryland
001-35309
80-0752082
(State or Other Jurisdiction
Identification No.)
(Commission File No.)
(I.R.S. Employer
of Incorporation)

2 Leonard Street, Belmont, Massachusetts
02478
(Address of Principal Executive Offices)
(Zip Code)

Registrant's telephone number, including area code: (617) 484-6700

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))
   
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. [  ]
Item 5.02.  Departure of Directors or Certain Officers; Election of Directors;
                   Appointment of Certain Officers; Compensatory Arrangements of Certain Oficers.

On June 15, 2017, the Board of Directors of BSB Bancorp, Inc. (the "Company") appointed M. Patricia Brusch to the Company's Board of Directors.  On the same date, Ms. Brusch was appointed to the Board of Directors of Belmont Savings Bank, the Company's wholly owned subsidiary.  The Company's Board of Directors has not determined which, if any, Board committees Ms. Brusch will serve on.

Ms. Brusch is a former professional nurse and a current Town of Belmont town meeting member and member of the Town of Belmont Capital Budget Committee and Permanent Building Committee.  Ms. Brusch is also a current and former member of several other Belmont town and community boards and organizations.  In addition, Ms. Brusch has served as a director and the treasurer of the Belmont Savings Bank Foundation since its formation in 2011.  A copy of the Company's press release announcing Ms. Brusch's appointment is included as Exhibit 99.1 to this report and incorporated herein.
Item 9.01. Financial Statements and Exhibits
Exhibit
  
Description
     
99.1
  
Press Release, dated June 15, 2017
     

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.


   
BSB BANCORP, INC.
     
     
     
DATE: June 15, 2017
By:
/s/ John A. Citrano
   
John A. Citrano
   
Executive Vice President and Chief
   Financial Officer







EX-99.1 2 pr_61517.htm PRESS RELEASE
BELMONT SAVINGS BANK

For Immediate Release Contact:  Andy Hoglund (617) 391-9644

BSB Bancorp, Inc., parent of Belmont Savings Bank, Appoints Longtime Belmont Resident and Active Community Participant to Board of Directors

Belmont –Robert Morrissey, Chairman of the BSB Bancorp Board of Directors, has announced the appointment of M. Patricia Brusch to the Belmont Savings Board of Directors. A longtime Belmont resident, Ms. Brusch has served as a Director and the Treasurer on the Belmont Savings Bank Foundation Board of Directors since 2011.

"Pat's decades of experience in the town, as well as her extensive work on behalf of the community, have made her a perfect selection for Director," said Morrissey. "It is a privilege having her join as a member of the Board, and I look forward to working with her."

Ms. Brusch has deep roots in the Belmont community, particularly as a current and former member of several community boards and organizations. Previously she served as the chair of the Belmont Warrant Committee, and currently sits on the town's capital budget and permanent building committees. From 1990-2010, she acted as a Corporator for Belmont Savings. She has acted as a Town of Belmont town meeting member since 1987. A former professional nurse, she is a graduate of Georgetown University.

"As President of Belmont Savings, I am thrilled that Pat has agreed to join the Board. We welcome her diligent contributions, and extensive knowledge of the Bank and the Belmont community," said Robert Mahoney, President and CEO of Belmont Savings.

Ms. Brusch is an additional appointment to the Board. She becomes the 11th Director on the Board.

About BSB Bancorp, Inc.

BSB Bancorp, Inc. is headquartered in Belmont, Massachusetts and is the holding company for Belmont Savings Bank. Belmont Savings Bank is a $2.29 billion, full-service Massachusetts savings bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the community.  Belmont Savings Bank provides a full range of banking services for professional commercial real estate investors, developers and managers as well as individuals and local small business owners through two full-service offices in Belmont, one full-service office in Watertown, and three full-service Shaw's supermarket branches in Waltham, Newton and Cambridge. The Company's common stock is traded on the NASDAQ Capital Market under the symbol "BLMT".  Find out more information by visiting: https://www.belmontsavings.com. Member FDIC.  Member DIF.

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