CAROLINA FINANCIAL CORPORATION (NASDAQ:CARO) Files An 8-K Results of Operations and Financial ConditionItem 7.01.
On October 19, 2017, Carolina Financial Corporation (the “Company”) issued a news release announcing its results of operations for the three and nine month periods ended September 30, 2017. A copy of the news release is attached hereto as Exhibit 99.1. The information included herein, as well as in Exhibit 99.1 referenced herein, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in filings under the Securities Act of 1933, as amended (the “Securities Act”).
|Item 7.01.||Regulation FD Disclosure.|
The Company will hold an investor conference call to disclose its financial results for the three and nine month periods ended September 30, 2017 on October 20, 2017 at 11:00 a.m. Eastern Time. The call may be accessed by dialing (866) 464-9448 or (213) 660-0874 and requesting the Carolina Financial Corporation earnings call. The conference ID number is number 99743428. Listeners should dial in 10 minutes prior to the start of the call. A webcast of the conference call will be available online at www.haveanicebank.com and following the links to About Us, Investor Relations. A replay of the call will be available approximately three hours after the call and can be accessed by dialing (855) 859-2056 or (404) 537-3406 and entering conference number 99743248. A copy of the investor presentation prepared for use by executive management during the investor conference call is furnished as Exhibit 99.2. All of the information in the presentation is presented as of October 19, 2017, and the Company does not assume any obligation to update such information in the future.
The information included in the preceding paragraph, as well as in Exhibits 99.2 referenced herein, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act nor shall it be deemed incorporated by reference in filings under the Securities Act.
On October 18, 2017, the Board of Directors of the Company declared a quarterly cash dividend of $0.05 per share, payable on January 5, 2018, to stockholders of record as of December 14, 2017.
|Item 7.01.||Financial Statements and Exhibits.|
CAROLINA FINANCIAL CORP ExhibitEX-99.1 2 e17461_ex99-1.htm Exhibit 99.1 Carolina Financial Corporation Reports Results for Third Quarter of 2017 NEWS RELEASE – For Release October 19,…To view the full exhibit click
About CAROLINA FINANCIAL CORPORATION (NASDAQ:CARO)
Carolina Financial Corporation is a bank holding company. The Company operates through CresCom Bank, a South Carolina state-chartered bank (the Bank). The Company operates through three segments: community banking, wholesale mortgage banking (mortgage banking) and other. The Company’s community banking segment provides traditional banking services offered through CresCom Bank. The mortgage banking segment provides wholesale mortgage loan origination and servicing offered through Crescent Mortgage Company. The other segment provides managerial and operational support to the other business segments through Carolina Services and Carolina Financial. CresCom Bank provides a range of commercial and retail banking financial services to meet the financial needs of its customers through its branch network in South Carolina and North Carolina. It provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, and consumer loans.