-----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, CCfpx4wN/xjfuuJU4tndWDDTFHxO8wdpfgnI/E3Xfb2+p2++Lj5lAkiaDe5hHwtD q1tBf8S7c7eF+ocMdxJUpQ== 0000787849-07-000111.txt : 20070927 0000787849-07-000111.hdr.sgml : 20070927 20070927122321 ACCESSION NUMBER: 0000787849-07-000111 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070927 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070927 DATE AS OF CHANGE: 20070927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YARDVILLE NATIONAL BANCORP CENTRAL INDEX KEY: 0000787849 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222670267 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26086 FILM NUMBER: 071138565 BUSINESS ADDRESS: STREET 1: 2465 KUSER RD CITY: HAMILTON STATE: NJ ZIP: 08690 BUSINESS PHONE: 6096316218 MAIL ADDRESS: STREET 1: 2465 KUSER RD CITY: HAMILTON STATE: NJ ZIP: 08690 8-K 1 form8k.htm FORM 8-K form8k.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):
September 27, 2007

YARDVILLE NATIONAL BANCORP
(Exact Name of Issuer as Specified in Charter)

NEW JERSEY
(State or Other Jurisdiction of Incorporation or Organization)
000-26086
(Commission File Number)
22-2670267
(I.R.S. Employer Identification Number)

2465 KUSER ROAD, HAMILTON, NEW JERSEY 08690
(Address of Principal Executive Offices)

(609) 585-5100
(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K 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
[X]
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 September 27, 2007, Yardville National Bancorp issued a press release announcing the declaration of a cash dividend of $0.115 per share payable on October 24, 2007 to shareholders of record as of October 10, 2007.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
 
 
Item 9.01.Financial Statements and Exhibits.
 
The following exhibits are filed with this Form 8-K:
 
Exhibit No.
Description
99.1
Press release dated September 27, 2007.

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.
 

Date:
September 27, 2007
YARDVILLE NATIONAL BANCORP
   
By:
Stephen F. Carman
     
Stephen F. Carman
     
Vice President and Treasurer



 

 
EXHIBIT INDEX
 
Exhibit No.
Description
99.1
Press release dated September 27, 2007.



EX-99.1 2 exhibit99_1.htm PRESS RELEASE DATED SEPTEMBER 27, 2007 exhibit99_1.htm

Exhibit 99.1

Contact:
Stephen F. Carman, VP/Treasurer
(609) 631-6222 or carmans@ynb.com
 
Leonardo G. Zangani
(908) 788- 9660 or office@zangani.com
 
YNB’s website
www.ynb.com
 
Investor Relations website
www.zangani.com

YNB Announces Quarterly Cash Dividend

Hamilton, N.J.  September 27, 2007, Yardville National Bancorp (NASDAQ: YANB) announced that the Board of Directors declared during their regularly scheduled meeting on September 26, 2007 a cash dividend of $0.115 per share payable on October 24, 2007 to shareholders of record as of October 10, 2007.  This dividend marks the 56th consecutive quarter in which YNB has paid a regular cash dividend to its shareholders.

With $2.56 billion in assets as of June 30, 2007, YNB serves individuals and small- to mid-sized businesses in the dynamic New York City-Philadelphia corridor. YNB has a network of 35 branches in Mercer, Hunterdon, Somerset, Middlesex, Burlington, and Ocean counties in New Jersey and Bucks County in Pennsylvania.  Headquartered in Mercer County, YNB emphasizes commercial lending and offers a broad range of lending, deposit and other financial products and services. The Common Stock of YNB, of which there are approximately 11.3 million shares outstanding, is traded on the NASDAQ Global Select Market under the symbol “YANB.”  For more information on YNB please visit our web site at www.ynb.com.
 
Cash Dividend History:
September 19, 2007                             $0.115
June 29, 2007                                         0.115
March 28, 2007                                      0.115
December 27, 2006                                0.115

Cautionary Statement Regarding Forward-Looking Statements

This press release and other statements made from time to time by YNB’s management contain express and implied statements relating to YNB’s future financial condition, results of operations, plans, objectives, performance, and business, which are considered forward-looking statements. These may include statements that relate to, among other things, profitability, liquidity, adequacy of the allowance for loan losses, plans for growth, interest rate sensitivity, market risk, regulatory compliance, and financial and other goals. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, our expectations may not be achieved.  Actual results may differ materially from those expected or implied as a result of certain risks and uncertainties, including, but not limited to: adverse changes in our loan quality and the resulting credit risk-related losses and expenses; levels of our loan origination volume; the results of our efforts to implement our retail strategy and attract core deposits; compliance with laws and regulatory requirements, including our formal agreement with the Office of the Comptroller of the Currency, and compliance with NASDAQ standards; interest rate changes and other economic conditions; proxy contests and litigation; continued relationships with major customers; competition in product offerings and product pricing; adverse changes in the economy that could increase credit-related losses and expenses; adverse changes in the market price of our common stock; and other risks and uncertainties detailed from time to time in our filings with the United States Securities and Exchange Commission (the “SEC”), as well as other risks and uncertainties detailed from time to time in statements made by our management.  YNB assumes no obligation to update or supplement forward- looking statements except as may be required by applicable law or regulation.
 
Additional Information About The PNC Merger
 
YNB shareholders are urged to read the proxy statement/prospectus regarding the proposed merger of The PNC Financial Services Group, Inc. ("PNC") and YNB, which was first mailed to YNB shareholders on or about September 5, 2007, because it contains important information.  They may obtain a free copy of the proxy statement/prospectus and other related documents filed by PNC and Yardville with the Securities and Exchange Commission (SEC) at the SEC’s web site at http://www.sec.gov.  In addition, documents filed with the SEC by PNC will be available free of charge from Shareholder Relations at (800) 843-2206.  Documents filed with the SEC by YNB will be available free of charge from YNB by contacting Howard N. Hall, Assistant Treasurer's Office, 2465 Kuser Road, Hamilton, NJ 08690 or by calling (609) 631-6223.

The directors, executive officers, and certain other members of management and employees of YNB are participants in the solicitation of proxies in favor of the merger from the shareholders of YNB. Information about the directors and executive officers of YNB is set forth in its Annual Report on Form 10-K filed on March 30, 2007 for the year ended December 31, 2006, as amended by the Form 10-K/A filed on May 10, 2007. Additional information regarding the interests of such participants are included in the proxy statement/prospectus and will be included in other relevant documents filed with the SEC when they become available.




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