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): February 27, 2015
First National Community Bancorp, Inc.
(Exact name of registrant as specified in its Charter)
| Pennsylvania | 000-53869 | 23-2900790 | ||
| (State or other jurisdiction | (Commission file number) | (IRS Employer | ||
| of incorporation) | Identification No.) |
102 E. Drinker St., Dunmore, PA, 18512
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: 570.346.7667
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K 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 February 27, 2015 First National Community Bank (the “Bank”), the wholly-owned bank subsidiary of First National Community Bancorp, Inc., reached a settlement with the Office of the Comptroller of the Currency and the Financial Crimes Enforcement Network to resolve certain Bank Secrecy Act allegations based on events that transpired a number of years ago involving former Luzerne County Judge Michael Conahan. In order to settle this matter, the Bank has consented to an aggregate civil money penalty assessment of $1.5 million, which the Bank will reserve for in its 2014 financial results.
Signature
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.
| FIRST NATIONAL COMMUNITY BANCORP, INC. | |||
| By: | /s/ James M. Bone, Jr., CPA | ||
| James M. Bone, Jr., CPA | |||
| Executive Vice President and Chief Financial Officer | |||
| Dated: February 27, 2015 | |||