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EX-99.1 - EXHIBIT 99.1 - UNITED COMMUNITY BANKS INCex99-1.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):  February 14, 2011
 
UNITED COMMUNITY BANKS, INC.
(Exact name of registrant as specified in its charter)

Georgia
No. 0-21656
No. 58-180-7304
(State or other jurisdiction of
(Commission File Number)
(IRS Employer
 incorporation)
 
Identification No.)
 
125 Highway 515 East
Blairsville, Georgia  30512
(Address of principal executive offices)
 
Registrant's telephone number, including area code:
(706) 781-2265
 
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:
 
q  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
q  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
q  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
q  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 


Item 8.01
Other Events.

On February 14, 2011, United Community Banks, Inc. (the “Company”) announced that it will exercise its rights to suspend its regularly scheduled quarterly cash dividend payment on the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series B, issued to the United States Department of the Treasury.

The full text of the press release announcing these decisions is filed herewith as Exhibit 99.1 and is incorporated by reference herein.   

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits

Exhibit No.
 
Description
99.1
 
Press release issued by United Community Banks, Inc. on February 14, 2011.
 
 
 

 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
  UNITED COMMUNITY BANKS, INC.
     
  By:
/s/ Rex S. Schuette                                                       
   
Rex S. Schuette
   
Executive Vice President and
   
Chief Financial Officer


Date:  February 15, 2011

 
 

 
INDEX TO EXHIBITS

Exhibit No.
 
Description
99.1
 
Press release issued by United Community Banks, Inc. on February 14, 2011.