Attached files

file filename
EX-99.1 - PRESS RELEASE - INTERVEST BANCSHARES CORPd783706dex991.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): September 3, 2014

 

 

INTERVEST BANCSHARES CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   000-23377   13-3699013

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

1 Rockefeller Plaza, Suite 400 New York, New York   10020-2002
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number Including Area Code: (212) 218-2800

 

 

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 8.01 Other Events

On September 3, 2014, Intervest Bancshares Corporation (the “Company”) repurchased the warrant that it had issued to the United States Department of the Treasury on December 23, 2008 in connection with the Company’s participation in the Capital Purchase Program of TARP. The Company paid $2,892,066 to Treasury to repurchase the warrant, which has been cancelled. The warrant had permitted Treasury to purchase up to 691,882 shares of common stock at an exercise price of $5.42 per share.

The Company issued a press release reporting the repurchase of the warrant on September 3, 2014. The press release is filed as Exhibit 99.1 to this report and is incorporated by reference into this Item 8.01.

 

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits

Exhibit 99.1     Press Release dated September 3, 2014.


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 thereunto duly authorized.

 

       INTERVEST BANCSHARES CORPORATION
Date: September 3, 2014      
    By:  

/s/ John J. Arvonio

      Chief Financial and Accounting Officer
            (Principal Financial Officer)


EXHIBIT INDEX

 

Exhibit

No.

  

Description

99.1    Press Release dated September 3, 2014