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

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Item2.02.

Results of Operations and Financial
Condition.

HomeTown Bankshares Corporation (the Company) (NASDAQ:HMTA), the
parent company for Roanoke, Virginia based HomeTown Bank,
announced on February 24, 2017 its financial results for the
three months and year ended December 31, 2016. The financial
results are detailed in the Companys Press Release dated February
24, 2017, which is attached as Exhibit 99.1 to this Form 8-K. The
Companys stock is traded on theNASDAQ Capital Marketunder the
symbol HMTA.

The information in this Item2.02, 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 Item2.02 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.

Item9.01

Financial Statements and Exhibits.

(c) Exhibits

Exhibit No.

Description

99.1

Press Release


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.

HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Recent Trading Information

HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) closed its last trading session 00.00 at 9.80 with 9,047 shares trading hands.

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