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EX-99.1 - EXHIBIT 99.1 - HUDSON VALLEY HOLDING CORPex99_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): November 1, 2013
 


HUDSON VALLEY HOLDING CORP.
(Exact name of registrant as specified in its charter)
 


New York
001-34453
13-3148745
(State or Other Jurisdiction of
Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

21 Scarsdale Road, Yonkers, New York
   10707
  (Address of principal executive offices)
(Zip Code)

(914) 961-6100
(Registrant’s telephone number, including area code
 

 
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)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))
 


 
 

 
 
Item 1.02           Termination of Material Definitive Agreement.
 
Hudson Valley Holding Corp. (the “Company”) has announced that the Office of the Comptroller of the Currency (“OCC”) has terminated its Formal Written Agreement dated April 24, 2012 between Hudson Valley Bank N.A., the Company’s subsidiary bank (“Hudson Valley”) and the OCC.  Additionally, the Individual Minimum Capital Ratios agreed to between the OCC and Hudson Valley by letter dated October 9, 2009, has also been terminated.  A copy of the press release is filed herewith as Exhibit 99.1.
 
Item 9.01. Financial Statements and Exhibits.
 
 
(d)
Exhibits.
 
     
Exhibit No.
 
Description
     
99.1
 
Press release dated October 31, 2013.
 
 
 
 
 
 
1
 

 
 
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.
 
         
   
HUDSON VALLEY HOLDING CORP.
  
       
November 1, 2013
 
By:
  /s/ Michael J. Indiveri
         
       
Name: Michael J. Indiveri
       
Title: Executive Vice President & Chief
        Financial Officer
 

 
 
 
 
2
 

 
 
EXHIBIT INDEX
 
Exhibit No.
Title
   
99.1
Press release dated October 31, 2013.