Attached files
file | filename |
---|---|
EX-99.1 - 1st United Bancorp, Inc. | i00462_ex99-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): December 11, 2012
(Exact name of registrant as specified in its charter)
Florida |
001-34462 |
65-0925265 | ||
(State of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
One North Federal Highway, Boca Raton, Florida |
33432 | |||
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (561) 362-3435
___________________________________________________
(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))
1ST UNITED BANCORP, INC.
FORM 8-K
CURRENT REPORT
Item 7.01. Regulation FD Disclosure.
On December 11, 2012, 1st United Bancorp, Inc. (the “Registrant”) issued a press release announcing that its board of directors has declared a special cash dividend on the Registrant’s common stock of $0.10 per share, payable December 28, 2012, to shareholders of record as of the close of business on December 21, 2012. The press release also announced that the Registrant’s board of directors has also indicated that 1st United anticipates commencing the payment of regular quarterly dividends initially of $0.01 per share on its common stock beginning in the first quarter of 2013.
The information furnished under Item 7.01 of this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
Forward Looking Statements
Any non-historical statements in this Current Report are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans and expectations that are subject to uncertainties and risks, which could cause 1st United’s future results to differ materially. The following factors, among others, could cause our actual results to differ: the ability of our wholly owned subsidiary, 1st United Bank, to declare and pay dividends to us; growth and profitability of both our interest and noninterest income; the failure to achieve expected gains and revenue growth; our ability to integrate the business and operations of companies and banks that we have acquired, and those that we may acquire in the future; the accuracy of our financial statement estimates and assumptions, including the estimate of our loan loss provision; our ability to comply with the extensive laws and regulations to which we are subject; our need and our ability to incur additional debt or equity financing; the strength of the United States economy in general and the strength of the local economies in which we conduct operations; the effects of harsh weather conditions, including hurricanes, and man-made disasters; inflation, interest rate, market, and monetary fluctuations; the effects of our lack of a diversified loan portfolio, including the risks of geographic and industry concentrations; the frequency and magnitude of foreclosure of our loans; legislative and regulatory changes; the willingness of clients to accept third-party products and services rather than our products and services and vice versa; changes in securities and real estate markets; increased competition and its effect on pricing; technological changes; changes in monetary and fiscal policies of the U.S. Government; the effects of security breaches and computer viruses that may affect our computer systems; changes in consumer spending and saving habits; changes in accounting principles, policies, practices or guidelines; anti-takeover provisions under federal and state law as well as our articles of incorporation and our bylaws; and our ability to manage the risks involved in the foregoing. These factors, as well as additional factors, can be found in our periodic and other filings with the SEC, which are available at the SEC’s internet site (http://www.sec.gov). Actual results may differ materially from projections and could be affected by a variety of factors, including factors beyond our control. Forward-looking statements in this Current Report speak only as of the date of the Current Report, and 1st United assumes no obligation to update forward-looking statements or the reasons why actual results could differ.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits. |
99.1 | Press Release, dated December 11, 2012, announcing payment of special dividend. |
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.
1ST UNITED BANCORP, INC. | ||
Date: December 11, 2012 | By: | /s/ John Marino |
John Marino, | ||
President and Chief Financial Officer |
EXHIBIT INDEX
Exhibit Number |
Description | |
99.1 | Press Release, dated December 11, 2012, announcing payment of special dividend. |