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 16, 2014 | ||||
|
| ||||
1st Franklin Financial Corporation | |||||
(Exact name of registrant as specified in its charter) | |||||
|
| ||||
Georgia | 2-27985 | 58-0521233 | |||
(State or other jurisdiction | (Commission File Number) | (IRS employer | |||
|
| ||||
213 East Tugalo Street, P.O. Box 880, Toccoa, Georgia | 30577 | ||||
(Address of principal executive offices) | (Zip Code) | ||||
|
| ||||
Registrant's telephone number, including area code | (706) 886-7571 | ||||
|
| ||||
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:
[ ] 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 5 Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 15, 2014, 1st Franklin Financial Corporation (the Company) announced that Dr. Robert E. Thompson, age 81, a member of the Companys board of directors (the Board) since 1970, retired from the Board effective December 31, 2013.
The Company also announced that, effective January 15, 2014, Mr. James H. Harris, III has been appointed to the Board, including as a member of the audit committee thereof. Mr. Harris compensation for service as a director will be consistent with that of the Companys other non-employee directors. There are no arrangements or understandings between Mr. Harris that would be required to be reported under Item 404(a) of Regulation S-K.
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 FRANKLIN FINANCIAL CORPORATION
By: /s/ A. Roger Guimond
Name: A. Roger Guimond
Title: Executive Vice President and
Chief Financial Officer
Date: January 16, 2014