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EX-99.01 - PRESS RELEASE - Monarch Financial Holdings, Inc.d290415dex9901.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): January 26, 2012

 

 

MONARCH FINANCIAL HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Virginia   001-34565   20-4985388

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1101 Executive Boulevard

Chesapeake, Virginia

  23320
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (757) 389-5111

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:

 

¨ 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))

 

 

 


Item 5.02 – Election of Director

At a regular monthly board of directors meeting held on January 25, 2012, Mr. William T. Morrison was elected to the Company’s Board of Directors. Mr. Morrison currently serves as Executive Vice President of Monarch Financial Holdings, Inc. and Chief executive Officer of Monarch Mortgage, a division of Monarch Bank. Mr. Morrison does not currently serve on any committees. His election did not change him current compensation plan or other arrangements related to his employment. It is anticipated Mr. Morrison will be nominated for election at the Company’s May 3, 2012 Annual Meeting of Shareholders.

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits

 

99.01    Press Release on Mr. Morrison

The Company’s common stock is traded on the Nasdaq Capital Markets under the symbol MNRK.

 

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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.

 

  MONARCH FINANCIAL HOLDINGS, INC.
Date: January 26, 2012  

/s/ Brad E. Schwartz

  Brad E. Schwartz, Chief Executive Officer

 

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Item 99.01 Financial Statements and Exhibits

 

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