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 10, 2020
COMMUNITY FIRST BANCSHARES, INC.
(Exact Name of Registrant as Specified in Charter)
|
Federal
|
001-38074
|
82-1147778
|
|
(State or Other Jurisdiction
of Incorporation)
|
(Commission File No.)
|
(I.R.S. Employer
Identification No.) |
|
3175 Highway 278, Covington, Georgia
|
30014
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
Registrant’s telephone number, including area code: (770) 786-7088
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))
|
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading
Symbol(s)
|
Name of each exchange on which registered
|
||
|
Common Stock, par value $0.01 per share
|
CFBI
|
The Nasdaq Stock Market LLC
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
As previously disclosed, on January 10, 2020, Community First Bancshares, Inc. (the “Company”) and its wholly-owned subsidiary, Newton
Federal Bank, completed their acquisition of ABB Financial Group, Inc. and its wholly-owned subsidiary, Affinity Bank. Effective upon the completion of the acquisition, Kenneth D. Lumpkin, the former Executive Vice President and Chief Lending
Officer of the Bank, was named Senior Vice President of the Bank.
On January 13, 2020, Mr. Lumpkin provided written notice to the Bank of his intention to terminate his employment for “Good Reason”
pursuant to the terms of the Employment Agreement, dated as of September 1, 2018, between the Bank, the Company and Mr. Lumpkin, as a result of the new appointment. His termination of employment would be effective no later than 30 days from the date
of Mr. Lumpkin’s notice.
Item 9.01. Financial Statements and Exhibits
Not applicable
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.
|
COMMUNITY FIRST BANCSHARES, INC.
|
||
|
DATE: January 16, 2020
|
By:
|
/s/ Tessa M. Nolan |
|
Tessa M. Nolan
|
||
|
Senior Vice President and Chief Financial Officer
|