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EX-99.1 - EXHIBIT 99.1 - LNB BANCORP INCa50770825ex99_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)  December 17, 2013

LNB BANCORP, INC.

 

(Exact name of registrant as specified in its charter)

Ohio

 

0-13203

 

34-1406303

 

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

457 Broadway, Lorain, Ohio

 

 

44052-1769

 

(Address of principal executive offices)

  (Zip Code)

Registrant’s telephone number, including area code: (440) 244-6000

 

(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))



Item 7.01.   Regulation FD Disclosure.

On December 17, 2013 the Company announced that it has issued a notice to redeem all of its 9,147 outstanding shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”) for an aggregate price of $9,147,000, the face liquidation amount of the shares, plus approximately $79,000 of accrued but unpaid dividends.  The shares will be redeemed from current holders through The Depository Trust Company as securities depository for the Series B Preferred Stock.  The redemption date is January 17, 2014. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Exhibit No.         Description

99.1                     Press Release issued by LNB Bancorp, Inc., dated December 17, 2013.


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.

 

LNB BANCORP, INC.

 

(Registrant)

 
 
Date: December 17, 2013

 

By: /s/ Gary J. Elek

Gary J. Elek

Chief Financial Officer


Exhibit Index

Exhibit No.

Description

 

99.1

Press Release issued by LNB Bancorp, Inc., dated December 17, 2013.