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EX-99.1 - EXHIBIT 99.1 - Cape Bancorp, Inc.t1502048_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 31, 2015

 

CAPE BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Maryland   001-33934   26-1294270
(State or Other Jurisdiction   (Commission File No.)   (I.R.S. Employer
of Incorporation)       Identification No.)

 

225 North Main Street, Cape May Court House, New Jersey   08210
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (609) 465-5600

 

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 (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 August 31, 2015, Cape Bancorp, Inc. (the “Company”) issued a press release announcing that on August 28, 2015, Cape Bank (the “Bank”) completed its acquisition of the Sun National Bank branch office located at 12th Street & First Road, Hammonton, New Jersey 08037. The branch acquisition was completed pursuant to a Purchase and Assumption Agreement by and between the Bank and Sun National Bank dated as of March 30, 2015. The Company announced that the new Cape Bank branch opened for business on August 31, 2015.

 

The press release announcing the completion of the branch acquisition and the opening of the new Cape Bank branch is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Forward-Looking Statements

 

This press release discusses primarily historical information. However, certain statements contained herein are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements may be identified by reference to a future period or periods, or by the use of forward looking terminology, such as "may," "will," "believe," "expect," "estimate," "anticipate," "continue," or similar terms or variations on those terms, or the negative of those terms. Forward looking statements are subject to numerous risks, as described in our SEC filings, and uncertainties, including, but not limited to, those related to the economic environment, particularly in the market areas in which the Company operated, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset-liability management, the financial and securities markets and the availability of and costs associated with sources of liquidity.

 

The Company wishes to caution readers not to place undue reliance on any such forward looking statements, which speak only as of the date made. The Company wishes to advise readers that the factors listed above could affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake, and specifically declines, any obligation to publicly release the results of any revisions, which may be made to any forward looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

 

  
 

 

Item 9.01.       Financial Statements and Exhibits

 

(a)   Financial statements of businesses acquired.  Not Applicable.
     
(b)   Pro forma financial information.  Not Applicable.
     
(c)   Shell company transactions: Not Applicable.
     
(d)   Exhibits.
     

 

Exhibit No.   Description
     
99.1   Press Release dated August 31, 2015

 

  
 

 

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.

 

    CAPE BANCORP, INC.
     
DATE:  September 1, 2015 By: /s/ Michael D. Devlin
    Michael D. Devlin, President and
    Chief Executive Officer