Green Bancorp, Inc. (NASDAQ:GNBC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Result of Operations and Financial Condition
On April 27, 2017, Green Bancorp, Inc. publicly disseminated a
press release announcing its financial results as of and for the
first quarter ended March 31, 2017.A copy of the press release
and the related presentation are furnished as Exhibit 99.1 and
Exhibit99.2, respectively, hereto and incorporated herein by
reference.
The press release includes certain nonGAAP (generally accepted
accounting principles) financial measures that Green Bancorp,
Inc.s management uses to evaluate its performance. Specifically,
the release includes tangible book value per common share, the
tangible common equity to tangible assets ratio, the return on
average tangible common equity ratio, allowance for loan losses
less allowance for loan losses on acquired loans to total loans
excluding acquired loans, allowance for loan losses plus acquired
loans net discount to total loans adjusted for acquired loan net
discount, and pre-tax, pre-provision return on average assets.The
earnings release furnished as Exhibit 99.1 hereto includes a
reconciliation the non-GAAP measures to the most directly
comparable GAAP financial measure.
The information furnished in Item 2.02, Exhibit 99.1 and Exhibit
99.2 of the Current Report on Form 8-K shall not be deemed filed
for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the
liabilities of that section, and such information shall not be
deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such
filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.The following is furnished as an exhibit to this
Current Report on Form 8-K:
|
Exhibit Number |
Description of Exhibit |
|
99.1 |
Press Release issued by Green Bancorp, Inc. dated April |
|
99.2 |
First Quarter 2017 Earnings Presentation dated April 27, |
About Green Bancorp, Inc. (NASDAQ:GNBC)
Green Bancorp, Inc. is a bank holding company. The Company’s subsidiary, Green Bank, N.A., a nationally chartered commercial bank, provides commercial and private banking services primarily to Texas based customers through approximately 22 full service branches in the Houston and Dallas metropolitan statistical areas (MSAs) and other markets. It operates in providing banking services to a range of customers segment. It offers a full suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as extended drive through hours, automated teller machines (ATMs), Bank at Work and banking by telephone, mail and personal appointment. It also offers debit cards, night depository, direct deposit, cashier’s checks and letters of credit, as well as treasury management services, wire transfer services and automated clearing house (ACH) services. Green Bancorp, Inc. (NASDAQ:GNBC) Recent Trading Information
Green Bancorp, Inc. (NASDAQ:GNBC) closed its last trading session up +0.05 at 17.05 with 142,750 shares trading hands.