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EX-99.1 - NEWS RELEASE - PALMETTO BANCSHARES INCd376219dex991.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 1, 2012

 

 

Palmetto Bancshares, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

South Carolina   0-26016   74-2235055

State or other jurisdiction

of incorporation

 

Commission

File Number

 

IRS Employer

I.D. number

 

306 East North Street, Greenville, South Carolina   29601
Address of principal executive offices   Zip Code

800.725.2265

Registrant’s telephone number

N/A

(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))

 

 

 


SECTION 8 – OTHER EVENTS

Item 8.01 Other Events

On July 2, 2012, Palmetto Bancshares, Inc. (the “Company”) issued a news release announcing that effective July 1, 2012 its wholly-owned subsidiary, The Palmetto Bank, consummated the sale of its Rock Hill and Blacksburg, South Carolina branches to Carolina Premier Bank, a North Carolina state chartered bank and wholly owned banking subsidiary of Premara Financial, Inc. The signing of an agreement to sell these branches to Carolina Premier Bank was originally announced on January 30, 2012.

A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

 

Item
Number
  Exhibit
99.1   News release dated July 2, 2012


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.

 

PALMETTO BANCSHARES, INC.
By:  

/s/    Roy D. Jones        

Roy D. Jones
Chief Financial Officer

Date: July 2, 2012


INDEX TO EXHIBITS

 

Item
Number
  Exhibit
99.1   News release dated July 2, 2012