Entegra Financial Corp. (NASDAQ:ENFC) Files An 8-K Completion of Acquisition or Disposition of Assets

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Entegra Financial Corp. (NASDAQ:ENFC) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 9.01. Completion of Acquisition or Disposition of Assets.

On October 2, 2017, Entegra Financial Corp. (“Entegra”), the holding company for Entegra Bank, Franklin, North Carolina, issued a press release announcing the completion of the merger of Chattohoochee Bank of Georgia, Gainesville, Georgia (“Chattahoochee”) with and into Entegra Bank, to the Agreement and Plan of Merger and Reorganization among Entegra, Entegra Bank and Chattohoochee, dated June 26, 2017.

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Financial statements of businesses acquired.

The financial statements required by this item were previously reported by Entegra in the Registration Statement on Form S-4 filed with the Securities and Exchange Commission on August 23, 2017 (as amended, the “Registration Statement”).

(b) Pro forma financial information.

The pro forma financial information required by this item were previously reported in the Registration Statement.

(d) Exhibits.

The following exhibits are being filed herewith:


Entegra Financial Corp. Exhibit
EX-99.1 2 e17440_ex99-1.htm FOR IMMEDIATE RELEASE   Contact:   Roger D. Plemens     President and Chief Executive Officer     (828) 524-7000     ENTEGRA FINANCIAL CORP. COMPLETES ACQUISITION OF CHATTAHOOCHEE BANK OF GEORGIA     Franklin,…
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About Entegra Financial Corp. (NASDAQ:ENFC)

Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina. It provides full service retail and commercial banking products, as well as wealth management services through a third party. It operates through retail banking segment. Entegra Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from individuals and small businesses and investing those deposits, together with funds generated from operations and borrowings, primarily in loans secured by real estate, including commercial real estate loans, one- to four-family residential loans, construction loans, and home equity loans and lines of credit. It also originates commercial business loans and invests in investment securities.