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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
July 11, 2023
Date of Report (Date of earliest event reported)
CODORUS
VALLEY BANCORP, INC.
(Exact
name of registrant as specified in its charter)
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Pennsylvania |
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001-15536 |
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23-2428543 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number) |
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(IRS
Employer Ident. No.) |
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105
Leader Heights Road, York,
Pennsylvania |
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17403 |
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(Address
of principal executive offices) |
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(Zip
Code) |
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(717) 747-1519
Registrant’s
telephone number, including area code
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)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
| Common Stock, $2.50 par value |
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CVLY |
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NASDAQ Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §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 7.01. | Regulation FD Disclosure. |
On July 12, 2023, Codorus Valley Bancorp Inc. (the “Corporation”) issued a press release announcing that, on July 11, 2023,
the Corporation’s Board of Directors (“Board”) declared a regular quarterly cash dividend of seventeen cents ($0.17)
per share of its common stock, payable on August 8, 2023, to shareholders of record at the close of business on July 25, 2023, which is
an increase of $0.01 or 6 percent over the prior quarter’s cash dividend payment.
A copy of the Corporation’s press release announcing the dividend declaration is attached hereto as Exhibit 99.1 and incorporated
herein by reference.
The information in this Current Report on Form 8-K, including all exhibits attached hereto, is being furnished and shall not be deemed
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject
to the liability of such section, nor shall it be deemed incorporated by reference in any filing by the Corporation under the Securities
Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filling, unless expressly incorporated by specific
reference in such filing.
| Item 9.01. |
Financial Statements and Exhibits |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly
authorized.
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CODORUS VALLEY BANCORP, INC. |
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| Date: |
July 12, 2023 |
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By: |
/s/ Larry D. Pickett |
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Larry D. Pickett |
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Treasurer
(Principal Financial and Accounting Officer) |
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