-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GKXKzLd38gkX28bx+qEQ49sCTtScZlOqDlSkfXx+Z5gY9RgZ9/2HPGX9GnTQJpdM /azXAUSd0i3OM5FGYyarFQ== 0000950152-09-003816.txt : 20090416 0000950152-09-003816.hdr.sgml : 20090416 20090416160030 ACCESSION NUMBER: 0000950152-09-003816 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090416 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090416 DATE AS OF CHANGE: 20090416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTMERIT CORP /OH/ CENTRAL INDEX KEY: 0000354869 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 341339938 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10161 FILM NUMBER: 09753824 BUSINESS ADDRESS: STREET 1: 111 CASCADE PLAZA STREET 2: 7TH FLOOR CITY: AKRON STATE: OH ZIP: 44308 BUSINESS PHONE: 3309966300 FORMER COMPANY: FORMER CONFORMED NAME: FIRSTMERIT CORP / DATE OF NAME CHANGE: 19980116 FORMER COMPANY: FORMER CONFORMED NAME: FIRSTMERIT CORP DATE OF NAME CHANGE: 19941219 FORMER COMPANY: FORMER CONFORMED NAME: FIRST BANCORPORATION OF OHIO /OH/ DATE OF NAME CHANGE: 19941219 8-K 1 l36147ae8vk.htm FORM 8-K FORM 8-K
Table of Contents

 
 
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) April 16, 2009
FIRSTMERIT CORPORATION
(Exact name of registrant as specified in its charter)
         
Ohio   0-10161   34-1339938
 
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  ( IRS Employer
Identification No.)
     
III Cascade Plaza, 7th Floor Akron, Ohio   44308
 
(Address of principal executive offices)   (Zip Code)
(330) 996-6300
 
(Registrant’s telephone number, including area code)
 
(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:
o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

ITEM 8.01 OTHER EVENTS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EX-99.1


Table of Contents

ITEM 8.01 OTHER EVENTS
     On April 16, 2009, FirstMerit Corporation (the “Company”) issued a press release announcing the submission and approval of its notification to the U.S. Department of the Treasury that the Company will redeem all 125,000 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, each without par value and having a liquidation preference of $1,000 per share. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated by reference herein.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
     (d) Exhibits.
     
Exhibit
Number
  Description
 
   
99.1
  Press Release dated April 16, 2009.

 


Table of Contents

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.
         
  FirstMerit Corporation
 
 
  By:   /s/ Terrence E. Bichsel    
    Terrence E. Bichsel   
    Executive Vice President and
Chief Financial Officer 
 
 
Date: April 16, 2009

 

EX-99.1 2 l36147aexv99w1.htm EX-99.1 EX-99.1
Exhibit 99.1
(FIRSTMERIT CORPORATION LOGO)
FOR IMMEDIATE RELEASE
FirstMerit Corporation
Analysts: Thomas O’Malley/Investor Relations Officer
Phone: 330.384.7109
Media Contact: Robert Townsend/Media Relations Officer
Phone: 330.384.7075
FirstMerit Corporation Files Notice to Redeem $125 Million Of
Preferred Stock Held by The United States Department Of
Treasury
Akron, Ohio (April 16, 2009) — FirstMerit Corporation (“FirstMerit”) (NASDAQ: FMER) announced today that it has filed notice with the United States Department of the Treasury (the “Treasury”) to redeem all 125,000 currently outstanding shares of its Fixed Rate Cumulative Perpetual Preferred Shares, Series A, each without par value and having a liquidation preference of $1,000 per share (the “Preferred Shares”), at a total redemption price of $125 million plus a final pro rata accrued dividend. All outstanding Preferred Shares are held by the Treasury, having been issued and sold by FirstMerit to the Treasury on January 9, 2009, along with a warrant to purchase 952,260 shares of FirstMerit common stock, pursuant to the Capital Purchase Program created under TARP. FirstMerit is required to provide this notice of its intended redemption to the Treasury under the terms of the Capital Purchase Program.
The Treasury has informed FirstMerit that it has consulted with FirstMerit’s appropriate Federal banking agency and has scheduled the closing for FirstMerit to redeem the Preferred Shares on or about April 22, 2009.
“We believe this action to redeem our outstanding preferred shares is in the best long-term interests of our shareholders,” said Paul G. Greig, FirstMerit chairman, president and CEO. “We will be able to reduce the dividend expense associated with the shares
--more--

 


 

FirstMerit Corporation Files Notice / Page 2
while at the same time maintaining our historically strong capital position. Prior to participating in the Capital Purchase Program, FirstMerit had maintained capital levels well in excess of regulatory guidelines and based upon our current capital levels, we will
continue to be one of the strongest capitalized institutions in the Midwest after redemption of the preferred shares. We hope this action sends a strong message to our stakeholders and the communities we serve that we are a stable and secure institution.”
Before filing the notice, FirstMerit worked with a third party consultant to conduct a thorough stress test on its financial fundamentals in a manner comparable to the testing required by the Treasury and the appropriate Federal banking agencies. FirstMerit believes that the test results indicate its ability to withstand the adverse conditions of the current, and potential future, economic environments.
About FirstMerit
FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of $11.1 billion as of December 31, 2008 and 160 banking offices and 182 ATMs in 25 Ohio and Western Pennsylvania counties. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., and FirstMerit Community Development Corporation.
###

 

GRAPHIC 3 l36147al3614701.gif GRAPHIC begin 644 l36147al3614701.gif M1TE&.#EAY0!N`/<``(FMSLWSR]^KP]L+5 MYM[H\=?C[IV\U^+;S(:LSM+@[.[JXO3V^:..7"YPJ_'NYK;,X2QNJGNDRNCN M]/7R[;S1XX^RT?;U\*;!VO+V^=#>Z\K;Z6&2OZ3!VGZFRKVNBD:`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`@[`@S,/KJ7JA[`C_E")%E'AQ&*$ MKE+M(`,IU^2K3<+A<:6YME=5QHCM\`;&/<=A%=);L_WWM)\88G=#3QYP+`02U75.O]T;%[`VP MTPA342)CQ?7KO5:0L0-FZA5X42JJ^``,@0:E$L4'D^PF'U6GN#,@?@4UAH,% MR"6WBBC,)<*@@20RI,HA`F01VBG/W(-A@TEXPLR$O7$`H@.))%1++:F\@,X2 MN8QWU5YZF*?%/B.6J.0_K7@1A`B^S5=#&"!`D*1`"!K0@B2WR'?66F-H\6)! MJ;2BQ1@Q>+C*$G3\M>2;_T"PI82\@>(/*`V(XX,J5_Z#X`)"%!*?/U]:Q>9? M7*'V6&3)`3+."W"^.1<*=S1`8V]9M'#(F`2E`L$P[Z%2*%I)79:H08WMUX20 MH@2(ARJ<1O]:()\0T"#5H-=-Q&NVZ__"9R@^_J!&: M?%.APH`1S<":D"N+`B+D9$G-X!R[!#,TUSX@1%/#I:)A@`4AOLY%23A-Y#+L MD*M8`XD6ZA;L\4%A4?'!([CFB@H!TYC@JX86@',Q4@?,,.W'-"ODBBHGG"/" MI:'M$@8-$*RLR@L'F*)'N7-U7//2!;EK``"2S$LO*DP4P8*W"''V@KM,=VUB M+?=`@P;/'.0"C@7/>JUV1JIXP<,?V!)J52Y-.+#.VGA;))T`&$C_>-9>1O:9 M]^`*J>)*&A.H(>J'(0I.^..%[]-&$0*6"?GE%:72$N:<=^[YYZ"'+OKHI)=N M^NFHIZ[ZZIHYOJ_KSPT\D>6H=:W"`[CGKOONN]L#NVU4\*X[%8*K(GSNO70= M"\\\"R#K`R7S]H'L!B41?6_.,TV#$=),..AN@V8/)R%K[#PA&DH35$'TJ$AC M1`!J+R"?$;DO\($$@4@H_DNM$.`>M4`-)]B7A]]%*Q4= MP-4Y#***;X#&'_MS20;:8`,@""(']\#2&W0!K8>$PA\RN,XM]'&E$1!E8;RY M1`D]!C?>3+!!T,,@#!K`PQ[Z,`MA48`/_X?(0P:(0!=&&(8&%E(%`*20-TRH M@QL@0`1_^"D!1,QB%L4@$`'XPP-/I,H4TO#B M#>#(0R*0@AH\(,2(5`%',*C"!K,(I"`'24A"/H`A\I!@?@B`P7M0(VJY(H(0 M#!>"4821>0R80T(R$`&J%$(7G.A`:`I112O^@Q7,NY0L!/(*?]@@#+BJP0@. MH@H/H$(`::3*!@;BBAPD@!VIO,XJHT"-"UQ//IDP0@_(5`9(7B<+C$B%#8(Y MH4,N))$V3`@6;BF0'@"3*JA0Q!('T@H?=,F&6PB%^:B2#`",*!4$F`H[VG$: M52Q`$8,2""K]4?\#:@A@#0/XWA3J\`HV%((JJ_Q'*VV!`!728(]'0(4*+JA+ M@T!`$=>9PCD\L04)="$;O$GH/T;0-]Z4H0X"F,(E_8&!8AC$F]=Y0@$$,DU_ M:`(QGCC'=8APCE<8P9A$L:9"L$F5&QXD#]STTP"N\X8&8>`Z`ZE%`/C!FUN$ MX$4-]<`^]$D6D_Y"`(MOE!7R",PPOJH4.F#J0:6;"!P2Y3BP&`H%(!!61 M@Q6(*F(1B<5X01=06$PJO,@;6*!J>;PIR`7@EFLE97^L`4\KW.$%ZEB`JA`0BKLZ@^\%B2K5,F@0+#P5X*0MJ@$ M\<)**9"AZQ+%M#3U1QP*(EF"+&-A0DT(48EB5#^A(@L(:65I#[)/L!*D"O*! MP'VCFSY7R*^V_O@!072+O8(\E:W!_<<;<(6*/1`H%>Q`Q0+^P5SG$@06>SV( M,M3QVX'(%[L#4<4CL-,/@WC7'^#]QS2'05[>3'8@JA&R7G^T=Q_OC>]U M4DR0^A*E:2`%)Q<'$H#X)"!6J9"7/E'AA@&?M2`)Z/!"_R&&D@U`72E`10V$ M4^)@WXC/<:3S08>!FDYRA^)YT3YSB:;J@_\54>?%`TCSC@]2XO6G(\4$^ M_%WZ0K4@*N)->G/HCUGLB9:6R((J6A$)13MYMP7Y1!8,`%Q;M.L"U\%`IQ:< M`*YTV2!?CNY`VH%B@>@5L'RV<4$$@*M7F'C'6.H#+F8:61<_%Q=IP.R9V[58 M^.X9U@;QL2E#+$JJW"+71(9BMR1"X-!(ER!3_@<25"@%&),"%=.C\'4L/)!0 M$T5\U`7O"1XP2P]?I[VM$"RD5PWLA)1W(G?&T@]`ZFN#I)K'`Q%V02"0*_T. M1`,,MD$Q'/B/9B=5QY;^AUR9FBBWHN($`OET0;R-P8$8H=0ZWG6[QL8;!+QZ MO@IYMT1J;`0EO`$-\?^I=T'N[>?4$B0/UR&%[%(QA9(UX`W^;HC!GVWNA.^C M&C$_#0)0,0G`2/S"&1;(4_$-[7,31!4$$_``JCP,X$MH*J*A#`'-YKP`.@U7F$#\0$N8J$*X:N#H*@7B`4[TW_ MU3U_'?JAH`6"HLH?#)`DPX=\]R/'506(HP%!3(7QL"=^OG,5FOAD(@XN0$9, M<@\V8"<3L@LAT"?5]VL)YR>D8%F\<0?G,H(M>!"(!Q$HF"S0X`_X MQX&.MW^\D0K3L@;2$#VEP'8&P8,KEV`#D65IYP\=T!VGIW>@EF&N MD`*9@'&_9D->$&2]H0*^0H((<84/D87_0`(K^(9?_QA6J:4!4=<;4$`8KG`# M":`)V0(,".&&3=>`?O)4V8()!'*$2?"'+&A#K6`$N'(*?6*(5@A_B:=Q MJ<"%PZ>*8&A?.L4;DB`<9)(:#((@.=``N%*)!^&)/4<0K9!FH:ATP`!#5#&#""&+!H&(#J&(JM"(7C=^P?9G&0`'UW$&!K%#;"!`[9(&$15= M[JB,E580>T`OMW>'D[=WTB@0CN"'.X$UJ39!J8`)N,()5\*-5^%F=4N ML-`&2<)RY>AR_[!4O,$`(X`AEQHG6NY(D6`'>[K8C;38+E0``OU``7VBB`N!E"[X8P,1!"K4#)C1D?X0"E/9 M"J2%"G70B5AI?07A`KR1"3!@$&!9<0$"CHP)D$Y$(B7 M"L>0`'G@`Q/P`6Q8$#7F"5.YBN28E!;Y#V;``-C1!8-)%-*P(+14EOYP"_!S ME>OFF$_G3,$P(KE$%%,P(DB($$$P%1#9S(;H^XD%D'#&C`!]30 M!RC_$`D&H#2JP`#:T(\&XUVH0`L&X0JH1168X0I`>!T/X!R$Z0\$4`!*DPK+ M@PH7D"2MH`+?(P$*L07^0`TC(@[QP0,=TPHE(P+&]8^\8:`&<0B70!0YMP7R MYQRU0`A]"$Y(@"&J<&(EQAC7P0FG@@#04`FQ@`_3L`!KH#144#)Q`#NJ,&W@ M5`.4@)$*)X0=9S`72(H*['`.23`77O`&Q?8$=@AC<]$#409.J!``-_-T MJ0`",&0$!8`A][`P&(`?L&("T5`RJ,`&/;`3?%(,@<8;DR`!KV`)P7`M5!$! M6$((P<<;&)`!9KH-#!8+Q$`;CBHOU%H,^D).J7`/(O<$,7M"1J(`!?`J`(AL5KKM!<[$$!;M18Z$,,0"V\V$,3PMDX;"^<*!7P;N%CP M#UX0N+XPL\GB`E7K"Z%%M6]+>`0QMWS;DJHP#!.`!-.P#\:U$&X!,KZ2&JX0 MF\G2*2"C`;20!H`!*R2@!'.P`%)@.*@ANF-)3B#3FC>#(5B#$,M,`PV`&.,0!5KH+RN,(:A M,9URFZ$-_"8I<`0-V`IS,!6S@+BJDPJ-$**!D"0CW,%*0@4B,`L->#/ML`5\ M,$.@DPHC1A05H+NQT,&U,#/ABB4O`KI8$F),XB>A2TN6TUI/ERYE"JNT`-/,`NHD'#=2[,$D1K]TRX%,3!GRJV\NRXGP!MYD!`H``7.H0HD``"! M<`U3T`EFOT`]5X`FQ_Q`+@M`+!"(6 M$[#("1""@)''AOP`$*``L9``W$#%-.`!NK#(`"`&WI(!:-`EJ"`/?.P%4&#( MKS!U`N$*R_`)71`+P8`%X!J3`G#)$,`%H2P.U=8UK=`/O,$'#9$*4"`#'0`" MJA!0&$!I_T`(8RH`<7`+HJ$.^]`.:<0*I"`"$=(^TX$?,A>`#.T$(`444H:!61,$$)$!P2N(*8^H/.?>1*!`:@K`8$)!"[-`# M7`$!]7(!:/`%UKP+J8%:-;"HK?`+1/_1`"Z%M5-AK_]@`E,A#Q#`%2X0'TQ` M#5<*H'\L&F;W#Y`9&D$J$%0QP]1U6?]@`.A(5^VR,_D0`%QA/37]`:GPT4V) MT272"I='%:V9'T0P%4&`);3U"Z<1'^R`).(@"5RP&*@%1'[2"/'1P_>01A/6 M+I#4"3O!"U0A#^.:`!=PKIL:"SM!`51A!Z1)%*#8BP;=+JW:!0,QP?X@#XOA MV$3AE.Z%=0+(+G9*%*Y39$2A!%RA"OF,0OX6'W*0J8"!6K@08KZUV?_@!%0A M5+Y`%!>P&(3=SIJ5"@F$`J57UZU``?628D]-$)1]2,M`%1,PC;UA`*K@V9;Y M#U3!"EZS!KS_00@,H0"[/1#^_*H"$1\I*1"TS4OUX@^I,*;#^0^H=0M4\`_! MG=TA!@%W;``2\%JAP=R2[=SC_0`P29TTX`K8+3[;+')3_T.'!607V7>`# M405R,!5.D`JRL-PH/MD#3A4O'N/^,`S)7>`+WC6I\&%HL$E^[`.[S:WO[`_9 M8(="7A!$#@'G]`O_`,`.WMO^0`2##>5^8I#^,`E<<>4G[M0!/A`K_YX!MPT` MU!T:4I`*,V[H_E#C76,&?\"E>5L0)A`![5@+)>4(Q,I(L^!.YWWH"M2C`0,0@%?1Z6!,%O1,&O_]`(O0'@_L"QJK#&*_X/=N MJ2T020`:["`0M;`S,I`&BV$`\8%;H_+KVPR-`?"QY@_,U? &_>D1$``[ ` end
-----END PRIVACY-ENHANCED MESSAGE-----