COMMUNITY FIRST BANCSHARES, INC. (NASDAQ:FCBC) 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
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Directors of Community First Bancshares, Inc. (the “Company”),
effective immediately, to serve for a term that expires at the
annual meeting of shareholders for the 2017 fiscal year. It is
expected that Mr. Stone will serve on the Audit Committee of the
Board of Directors. There are no arrangements or understandings
between Mr. Stone and any other person to which Mr. Stone became
a director. Mr. Stone is not a party to any transaction with the
Company that would require disclosure under Item 404(a) of the
Securities and Exchange Commission’s Regulation S-K.
Change in Fiscal Year.
the Company’s Bylaws. Specifically, Article III, Section 2 of
the Company’s Bylaws was amended to increase the number of
directors comprising the Board of Directors from five to six,
effective immediately.
Current Report on Form 8-K as Exhibit 3.2 and is incorporated by
reference into this Item 5.03.
| 3.2 |
Text of amendment to Community First Bancshares, Inc.
Bylaws |
About COMMUNITY FIRST BANCSHARES, INC. (NASDAQ:FCBC)
First Community Bancshares, Inc. is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee. It provides insurance services through its subsidiary First Community Insurance Services, and offers wealth management and investment advice through its Trust Division and subsidiary First Community Wealth Management. Its products include demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services, and life, health, and property and casualty insurance products. COMMUNITY FIRST BANCSHARES, INC. (NASDAQ:FCBC) Recent Trading Information
COMMUNITY FIRST BANCSHARES, INC. (NASDAQ:FCBC) closed its last trading session up +0.20 at 25.50 with 18,876 shares trading hands.
