Allegiance Bancshares, Inc. (NASDAQ:ABTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Allegiance Bancshares, Inc. (NASDAQ:ABTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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On July 28, 2017, the Board of Directors of Allegiance Bancshares, Inc. (the “Company”), upon recommendation of the Company’s Corporate Governance and Nominating Committee, appointed Dr. Robert Ivany as a Class II Director. Dr. Ivany is expected to stand for re-election at the Company’s 2018 Annual Meeting of Shareholders. As of the date of this filing, Dr. Ivany has not been appointed to any of the Company’s committees. In connection with Dr. Ivany's appointment, the Company entered into a Director and Officer Indemnification Agreement with Dr. Ivany, the form of which is filed as an exhibit hereto and incorporated herein by reference. Dr. Ivany will receive fees consistent with those fees received by the existing non-employee directors for service as a director of the Company.

Item 9.01. Financial Statement and Exhibits.

(d) Exhibits. The following are filed as exhibits to this Current Report on Form 8-K:

Exhibit No.

Description of Exhibit

10.1

Form of indemnification agreement (incorporated herein by reference to Exhibit 10.4 to the Company's Registration Statement on Form S-1 (Registration No.333‑206536)).

99.1

Press release issued by Allegiance Bancshares, Inc. on August 3, 2017.


Allegiance Bancshares, Inc. Exhibit
EX-99.1 2 abtxpressrelease-announcem.htm Exhibit PRESS RELEASE Allegiance Bancshares,…
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About Allegiance Bancshares, Inc. (NASDAQ:ABTX)

Allegiance Bancshares, Inc. is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses, professionals and individual customers. In addition to banking during normal business hours, the Company offers extended drive-in hours, automated teller machines (ATMs) and banking by telephone, mail and Internet. The Company also provides debit card services, cash management services and wire transfer services, and offers night depository, direct deposits, cashier’s checks, letters of credit and mobile deposits. It also offers safe deposit boxes, automated teller machines, drive-in services and round the clock depository facilities. The Company maintains an Internet banking Website that allows customers to obtain account balances and transfer funds among accounts.

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