HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Files An 8-K Results of Operations and Financial Condition

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HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Files An 8-K Results of Operations and Financial Condition

HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Files An 8-K Results of Operations and Financial Condition
Item 2.02.

Results of Operations and Financial Condition.

HomeTown Bankshares Corporation (the “Company”) (NASDAQ:HMTA), the parent company for Roanoke, Virginia based HomeTown Bank, announced on October 31, 2018 its financial results for the quarter ended September 30, 2018 and continuation of quarterly cash dividend. The financial results and cash dividend are detailed in the Company’s Press Release dated October 31, 2018, which is attached as Exhibit 99.1 to this Form 8-K. The Company’s stock is traded on theNASDAQ Capital Marketunder the symbol “HMTA.”

The information in this Item 2.02, including Exhibit 99.1 to this Current Report, shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 2.02 and in the accompanying Exhibit 99.1 shall not be incorporated by reference into any registration statement or other document filed by the Company with the Securities and Exchange Commission, whether made before or after the date of this Current Report, regardless of any general incorporation language in such filing (or any reference to this Current Report generally), except as shall be expressly set forth by specific reference in such filing.

Item 2.02

Financial Statements and Exhibits.

(c) Exhibits

Exhibit No.

Description

99.1

Press Release


HomeTown Bankshares Corp Exhibit
EX-99.1 2 ex_127240.htm EXHIBIT 99.1 ex_127240.htm Exhibit 99.1     Wednesday,…
To view the full exhibit click here

About HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA)

HomeTown Bankshares Corporation is a bank holding company. The Company’s business is conducted through its subsidiary, HomeTown Bank (the Bank). The Bank is engaged in general retail and commercial banking business. The Bank offers a range of banking services to small and medium-size businesses, real estate investors and developers, private investors, professionals and individuals. Its services include safe deposit boxes, traveler’s checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, overdraft protection, check cards, credit cards and merchant card services. The Bank offers a range of short-to-medium term commercial and personal loans. Its investment portfolio includes the United States Government agency securities, mortgage-backed securities and municipal securities. The Bank’s primary source of funds is deposit accounts. It operates over six full service branches, approximately seven automated teller machines and a mortgage office.