FNCB Bancorp,Inc. (OTCMKTS:FNCB) Files An 8-K Other Events

ME Staff 8-k
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FNCB Bancorp,Inc. (OTCMKTS:FNCB) Files An 8-K Other Events

Item 8.01

Other Events.

On May 1, 2017, FNCB Bancorp, Inc. (FNCB), the parent company of
FNCB Bank (the Bank) issued a press release announcing that the
Bank will implement a comprehensive branch network improvement
program that will involve developing new state-of-the-art
customer facilities as well as the relocating and consolidating
of select locations. Specifically, FNCB has announced the
following actions:

On May 1, 2017, the Bank filed an application with the
Pennsylvania Department of Banking and Securities to
consolidate its branch office located at 1127 Texas Palmyra
Highway, Honesdale, Wayne County, Pennsylvania with its
branch office located at 1001 Main Street, Honesdale,
Pennsylvania;

On May 1 2017, the Bank filed an application with the
Pennsylvania Department of Banking and Securities to
relocate three branch offices located in Luzerne County,
Pennsylvania to a new location. The three branch offices
that will be relocated include: 1) a branch office located
at 734 San Souci Parkway, Hanover Township, Pennsylvania;
2) a branch office located at 27 North River Street,
Plains, Pennsylvania; and 3) a branch office located at 3
Old Boston Road, Pittston, Pennsylvania. These three branch
offices will be relocated into a brand-new facility to be
built in the Richland 315 development located at 1150 Route
315, Wilkes-Barre (Plains Township), Luzerne County,
Pennsylvania.

These initiatives will commence with the consolidation of the
Honesdale, Pennsylvania branches, which is anticipated to be
completed by June 30, 2017. The consolidation of the three
Luzerne County branches into a new facility is anticipated to be
completed by end of the second quarter of 2018. FNCB does not
expect to incur any disposal costs on either the Wayne County or
Luzerne County consolidations.

The program calls for the continued evaluation of FNCBs delivery
systems. In addition to the two relocations detailed above,
management plans to evaluate the development of two new
facilities on properties already owned by the Bank located in the
Boroughs of Taylor and Dunmore, Lackawanna County, Pennsylvania.

Item 9.01

Financial Statements and Exhibits

Exhibits:

99.1 Press Release issued May 1, 2017


About FNCB Bancorp, Inc. (OTCMKTS:FNCB)

FNCB Bancorp Inc , formerly First National Community Bancorp, Inc. is a bank holding company for First National Community Bank (the Bank). The Company’s primary activity consists of owning and operating the Bank, which provides customary retail and commercial banking services to individuals and businesses. The Bank’s operations are conducted from over 20 branches located in Lackawanna, Luzerne and Wayne Counties. The Bank provides a range of traditional banking products and services to individuals and businesses, including debit cards, online banking, mobile banking, image checking and e-statements. The Bank’s deposit products include various checking, savings and certificate of deposit products. It offers telephone banking service, which provides consumers to access account information and perform related account transfers through the use of a touch tone telephone. The Bank offers overdraft bounce protection, savings overdraft protection and instant money loans.

FNCB Bancorp, Inc. (OTCMKTS:FNCB) Recent Trading Information

FNCB Bancorp, Inc. (OTCMKTS:FNCB) closed its last trading session 00.00 at 7.00 with 3,547 shares trading hands.