HERITAGE COMMERCE CORP (NASDAQ:HTBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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HERITAGE COMMERCE CORP (NASDAQ:HTBK) 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. Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)

John M. Eggemeyer has resigned from the board of directors of Heritage Commerce Corp and Heritage Bank of Commerce effective December 15, 2016. Mr. Eggemeyer is a Managing Principal of Castle Creek Capital IV LLC which is the sole general partner of Castle Creek Capital Partners IV, LP (“Fund IV”). Fund IV completed its sale of all of its holdings of Heritage Commerce Corp common stock during the fourth quarter of 2016.

 


About HERITAGE COMMERCE CORP (NASDAQ:HTBK)

Heritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. The Company offers a multitude of other products and services to complement its lending and deposit services. These include cashier’s checks, traveler’s checks, bank-by-mail, automated teller machines (ATMs), night depositories, safe deposit boxes, direct deposit, automated payroll services, electronic funds transfers, online banking, online bill pay, homeowner association services and other customary banking services. In addition to the traditional financial services offered, the Bank offers remote deposit capture, automated clearing house origination, electronic data interchange and check imaging.

HERITAGE COMMERCE CORP (NASDAQ:HTBK) Recent Trading Information

HERITAGE COMMERCE CORP (NASDAQ:HTBK) closed its last trading session down -0.03 at 14.06 with 56,653 shares trading hands.