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 23, 2017
SOUTHWEST GEORGIA FINANCIAL CORPORATION
(Exact name of Registrant as Specified in its Charter)
Georgia | 001-12053 | 58-1392259 | ||
(State or other Jurisdiction of | (Commission File Number) | (IRS Employer | ||
Incorporation or Organization) | Identification No.) |
201 First Street, S.E. | ||
Moultrie, Georgia | 31768 | |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (229) 985-1120
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. |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act. |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. |
ITEM 8.01 OTHER EVENTS
On February 23, 2017, Southwest Georgia Financial Corporation announced that its Board of Directors at its meeting yesterday declared a quarterly cash dividend of $0.11 per common share. The dividend is payable March 16, 2017, to shareholders of record on March 6, 2017. Southwest Georgia Financial Corporation or its predecessor, Southwest Georgia Bank, has paid cash dividends for 89 consecutive years.
A copy of that press release is attached as Exhibit 99.1 to this Current Report.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
The following exhibit is furnished with this report.
Exhibit 99.1: Southwest Georgia Financial Corporation’s press release dated February 23, 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, thereunto duly authorized.
SOUTHWEST GEORGIA FINANCIAL CORPORATION | ||
Date: February 23, 2017 | BY: | /s/George R. Kirkland |
GEORGE R. KIRKLAND | ||
EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL | ||
OFFICER AND TREASURER |
EXHIBIT INDEX
Exhibit No. | Description | |
99.1 | Press Release dated February 23, 2017 |
News Release
CONTACTS:
Company: | Investor Relations: |
George R. Kirkland | Deborah K. Pawlowski |
Executive Vice President, CFO and Treasurer | Kei Advisors LLC |
Phone: (229) 873-3830 | Phone: (716) 843-3908 |
investorinfo@sgfc.com | dpawlowski@keiadvisors.com |
For Immediate Release
Southwest
Georgia Financial Corporation
Declares Quarterly Cash Dividend
MOULTRIE, GA, February 23, 2017 -- Southwest Georgia Financial Corporation (NYSE MKT: SGB), the parent company of Southwest Georgia Bank, announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per common share. The dividend is payable March 16, 2017 to shareholders of record on March 6, 2017. The Company has approximately 2.5 million shares of common stock outstanding.
Southwest Georgia Financial Corporation or its predecessor, Southwest Georgia Bank, has paid cash dividends for 89 consecutive years.
About Southwest Georgia Financial Corporation
Southwest Georgia Financial Corporation is a state-chartered bank holding company with approximately $448 million in assets headquartered in Moultrie, Georgia. Its primary subsidiary, Southwest Georgia Bank, offers comprehensive financial services to consumer, business, and government customers. The current banking facilities include the main office located in Colquitt County, branch offices located in Baker County, Worth County and Lowndes County, and a loan production office located in Tift County. In addition to conventional banking services, the bank provides investment planning and management, trust management, and commercial and individual insurance products. Insurance products and advice are provided by Southwest Georgia Insurance Services, which is located in Colquitt County. The Company routinely posts news and other important information on its website.
More information on Southwest Georgia Financial Corp. and Southwest Georgia Bank can be found at: www.sgfc.com.
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