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EX-99.1 - EXHIBIT 99.1 PRESS RELEASE - Bankwell Financial Group, Inc. | ex99-1.htm |
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): November 20, 2015
Bankwell Financial Group, Inc.
(Exact name of registrant as specified in its charter)
Connecticut
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001-36448
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20-8251355
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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220 Elm Street
New Canaan, Connecticut 06840
(Address and Telephone Number)
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:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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TABLE OF CONTENTS
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Item 8.01
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Other Events
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Item 9.01 | Financial Statements and Exhibits |
SIGNATURES
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EXHIBIT INDEX
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EX-99.1
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Press Release
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Item 8.01
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Other Events
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On November 20, 2015, Bankwell Financial Group, Inc., the holding company for Bankwell Bank, announced that it redeemed all of the $10,980,000 (10,980 shares) of Series C Preferred Stock ("SBLF Stock") that had been issued to the United States Department of Treasury on August 4, 2011 related to the Registrant's participation in the Small Business Lending Fund. With this redemption, Bankwell has redeemed all of its outstanding SBLF stock. The redemption was approved by the Company's primary federal regulator and was funded with the Company's surplus capital.
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Item 9.01
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Financial Statements and Exhibits
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(a)
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Not applicable.
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(b)
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Not applicable.
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(c)
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Not applicable.
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(d)
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Exhibits.
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Exhibit Number
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Description
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99.1
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Press Release dated November 20, 2015
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2
SIGNATURES
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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.
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BANKWELL FINANCIAL GROUP, INC.
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Registrant
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November 20, 2015
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By: /s/ Ernest J. Verrico, Sr.
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Ernest J. Verrico, Sr.
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Executive Vice President
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and Chief Financial Officer
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EXHIBIT INDEX
Exhibit Number
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Description
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99.1
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Press Release dated November 20, 2015
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4