Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Files An 8-K Shareholder Director NominationsItem 5.08 Shareholder Director Nominations.
Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Files An 8-K Shareholder Director Nominations
The Board of Directors of Hawthorn Bancshares, Inc. announced that at the Company’s June 6, 2017 Annual Meeting of Shareholders, Kathleen L. Bruegenhemke was elected as a Class I director and Philip D. Freeman was re-elected as a Class I director to serve three-year terms expiring 2020. Shareholders also approved ratification of the appointment of KPMG, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017 and they approved a nonbinding resolution concerning compensation paid to the Company’s executives. Shareholders also defeated a shareholder proposal to require that the responsibilities of the Chairman of the Board of Directors be separated from the responsibilities of the Chief Executive Officer.
Item 9.01 Financial Statements and Exhibits.
The full text of this press release is furnished as an exhibit to this report on Form 8-K.
About Hawthorn Bancshares, Inc. (NASDAQ:HWBK)
Hawthorn Bancshares, Inc. is a bank holding company. Its activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc. (Union), of the outstanding capital stock of Hawthorn Bank. Hawthorn Bank is a full service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services. Its loans portfolio includes commercial and industrial loans, single payment personal loans, installment loans and commercial and residential real estate loans. Its investment portfolio includes the government-sponsored enterprises, asset-backed securities, and obligations of states and political subdivisions. Its liquid assets consist of available-for-sale investment securities, federal funds sold, and excess reserves held at the Federal Reserve Bank. It has over 24 banking offices.
Hawthorn Bancshares, Inc. is a bank holding company. Its activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc. (Union), of the outstanding capital stock of Hawthorn Bank. Hawthorn Bank is a full service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services. Its loans portfolio includes commercial and industrial loans, single payment personal loans, installment loans and commercial and residential real estate loans. Its investment portfolio includes the government-sponsored enterprises, asset-backed securities, and obligations of states and political subdivisions. Its liquid assets consist of available-for-sale investment securities, federal funds sold, and excess reserves held at the Federal Reserve Bank. It has over 24 banking offices.
