Attached files
| file | filename |
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| EX-99..1 - EXHIBIT 99.1 - C & F FINANCIAL CORP | ex99_1.htm |
| EX-10..27 - EXHIBIT 10.7 - C & F FINANCIAL CORP | ex10_27.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) July 27, 2011
C&F FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
| Virginia | 000-23423 | 54-1680165 |
| (State or other jurisdiction of incorporation) | (Commission File Number ) | (IRS Employer Identification No.) |
| 802 Main Street, West Point, Virginia | 23181 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (804) 843-2360
(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)
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o
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
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On July 27, 2011, C&F Financial Corporation (the “Corporation”) entered into a letter agreement, including Schedule A thereto (the “Letter Agreement”), with the United States Department of the Treasury (“Treasury”), pursuant to which the Corporation redeemed 50%, or 10,000 shares, of the 20,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the “Preferred Stock”) issued to Treasury on January 9, 2009 under the Capital Purchase Program. In connection with this partial redemption, on July 27, 2011, the Corporation paid Treasury $10 million in liquidation value and $100,000 of accrued and unpaid dividends associated with the 10,000 shares of redeemed Preferred Stock.
A copy of the Letter Agreement is attached as Exhibit 10.27 to this Current Report on Form 8-K and is incorporated by reference into this Item 1.01. The foregoing summary of the Letter Agreement is qualified in its entirety by reference thereto.
Item 8.01 Other Events.
On July 27, 2011, the Corporation issued a news release announcing the redemption of the 10,000 shares of Preferred Stock as further described above. A copy of the Corporation’s news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
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(d) Exhibits
10.27 Letter Agreement, dated July 27, 2011, between C&F Financial Corporation and the United States Department of the Treasury
99.1 C&F Financial Corporation news release dated July 27, 2011
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.
| C&F FINANCIAL CORPORATION | |||||
| (Registrant) | |||||
| Date: |
July 27, 2011
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By:
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/s/ Thomas F. Cherry | ||
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Thomas F. Cherry
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Chief Financial Officer
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