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): January 3, 2017
CAROLINA BANK HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| NORTH CAROLINA | 000-31877 | 56-2215437 | ||
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||
| of incorporation) | Identification No.) |
| 101 North Spring Street, Greensboro, NC | 27401 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (336) 288-1898
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 January 3, 2017, Carolina Bank (the “Bank”), the wholly owned subsidiary of Carolina Bank Holdings, Inc., redeemed all of the Bank’s outstanding Floating Rate Subordinated Notes Due September 30, 2018 (the “Notes”). The Notes were redeemed at a redemption price equal to 100% of the principal amount of the Notes, plus accrued but unpaid interest. The Bank issued an aggregate of $9.3 million of the Notes to qualified institutional buyers in 2008.
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.
| CAROLINA BANK HOLDINGS, INC. | |||
| By: | /s/ Robert T. Braswell | ||
| Robert T. Braswell | |||
| President and Chief Executive Officer | |||
Dated: January 6, 2017