0001437749-17-017486.txt : 20171024 0001437749-17-017486.hdr.sgml : 20171024 20171024095751 ACCESSION NUMBER: 0001437749-17-017486 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171023 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20171024 DATE AS OF CHANGE: 20171024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FARMERS CAPITAL BANK CORP CENTRAL INDEX KEY: 0000713095 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 611017851 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14412 FILM NUMBER: 171150117 BUSINESS ADDRESS: STREET 1: PO BOX 309 STREET 2: 202 W MAIN ST CITY: FRANKFORT STATE: KY ZIP: 40602 BUSINESS PHONE: 5022271668 MAIL ADDRESS: STREET 1: P O BOX 309 STREET 2: 202 WEST MAIN STREET CITY: FRANKFORT STATE: KY ZIP: 40602 8-K 1 ffkt20171023_8k.htm FORM 8-K ffkt20171023_8k.htm

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) – October 23, 2017

 

 

 

Farmers Capital Bank Corporation

  
 

(Exact name of registrant as specified in its charter)

  

 

     

Kentucky

0-14412

61-1017851

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)
     

 

P.O. Box 309

202 West Main St.

Frankfort, KY

40601

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code: (502) 227-1668

 

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 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 8.01       OTHER EVENTS

 

On October 23, 2017, Farmers Capital Bank Corporation issued a press release announcing that its Board of Directors declared a quarterly cash dividend on its outstanding common stock. A copy of this press release is attached hereto as Exhibit 99.1.

 

 

ITEM 9.01       FINANCIAL STATEMENTS AND EXHIBITS

 

(C)     Exhibits

 

Exhibit 99.1 – Farmers Capital Bank Corporation Press Release dated October 23, 2017.

 

2
 

 

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.

 

 

   

Farmers Capital Bank Corporation
     
     

10-23-17

  

/s/ Mark A. Hampton

Date

  

Mark A. Hampton
   

Executive Vice President, Secretary, and Chief Financial Officer

 

3

 EX-99.1 2 ex_97379.htm EXHIBIT 99.1 ex_97379.htm

Exhibit 99.1

Press Release Dated October 23, 2017

 

 

 

 

NEWS RELEASE

October 23, 2017

 

Farmers Capital Bank Corporation Announces Increase in Common Dividend

 

 

Frankfort, Kentucky – Farmers Capital Bank Corporation (NASDAQ: FFKT) (the “Company”) announced today that its Board of Directors (“Board”) approved a quarterly cash dividend on the Company’s common stock of $0.125 per share. This represents an increase of $0.025 per share or 25% over the previous dividend. The quarterly $0.125 per share dividend represents an annualized yield of 1.14% based on the closing price of $43.80 on October 20, 2017. The dividend is payable on January 2, 2018 to shareholders of record at the close of business on December 1, 2017. The Company currently has 7,515,849 shares outstanding.

 

The Company and its Board recognize the importance of providing a stable and sustainable dividend consistent with its commitment to shareholders. The Company will monitor its dividend rate on an ongoing basis. Future dividends will be a function of earnings, and the Company’s goal is to pay a steady dividend while maintaining financial flexibility and a strong capital base. As a part of our continuing analysis, all options will be evaluated including debt retirement, share buybacks, acquisitions and special dividends. However, we intend to retain the majority of earnings for growth and other strategic investments that will enhance shareholder value.

 

Farmers Capital Bank Corporation is a bank holding company with one bank subsidiary, United Bank & Capital Trust Company. The Company is headquartered in Frankfort, Kentucky and operates 34 banking locations in 21 communities throughout Central and Northern Kentucky, and an insurance company. Its stock is publicly traded on the NASDAQ Stock Market LLC exchange in the Global Select Market tier under the symbol: FFKT.