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EX-99.1 - Entegra Financial Corp.e00323_ex99-1.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)

August 13, 2015

 

 

 

 

Entegra Financial Corp.

(Exact name of registrant as specified in its charter)

 

 

 

     
North Carolina 001-35302 45-2460660

(State or other jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

14 One Center Court, Franklin, North Carolina 28734

(Address of principal executive offices) (Zip Code)

 

(828) 524-7000

(Registrant’s telephone number, including area code)

 

Not Applicable

(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))

 

 

 

 
 

Item 8.01. Other Events

 

On August 13, 2015, Macon Bank, the wholly-owned subsidiary of Entegra Financial Corp. (the “Company”), entered into an agreement with Arthur State Bank pursuant to which Macon Bank will purchase two bank branches located in Anderson and Chesnee, South Carolina. The purchase, which is subject to customary closing conditions, including regulatory approvals, is expected to be completed in the fourth quarter of 2015.

 

A copy of the press release describing the transaction is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

 
 

 

Item 9.01 Financial Statements and Exhibits

 

  (d)

Exhibits.

 

The following exhibit is filed herewith:  

 

  Item Description
     
  99.1 Press Release dated August 13, 2015.

 

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.

 

 

  ENTEGRA FINANCIAL CORP.  
       
Date: August 13, 2015 By:    /s/   David A. Bright  
    David A. Bright  
    Chief Financial Officer  

 

 

Exhibit Index

 

99.1 Press Release dated August 13, 2015.