BSB BANCORP, INC. (NASDAQ:BLMT) 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
Company) approved the Companys 2017 Equity Incentive Plan (the
Plan). A description of the material terms and conditions of the
Plan was previously included in the Companys Proxy Statement
filed with the Securities and Exchange Commission on January 3,
2017.
Meeting) was held on February 8, 2017. The Plan was submitted to
a vote of the stockholders at the Special Meeting. The final
result of the stockholder vote on the Plan is as follows:
Incentive Plan.
|
Shares Voted For
|
Shares Voted Against
|
Abstentions
|
Broker Non-Votes
|
|
5,901,094
|
368,837
|
39,033
|
at the Special Meeting of Stockholders (without regard to
abstentions or broker non-votes), the Plan was approved.
About BSB BANCORP, INC. (NASDAQ:BLMT)
BSB Bancorp, Inc. (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities. The Bank offers a range of deposit accounts, including relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, Interest on Lawyer Trust Accounts (IOLTA), commercial, municipal and regular checking accounts and Individual Retirement Accounts (IRAs). BSB BANCORP, INC. (NASDAQ:BLMT) Recent Trading Information
BSB BANCORP, INC. (NASDAQ:BLMT) closed its last trading session up +1.25 at 28.55 with 17,820 shares trading hands.