HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Files An 8-K Submission of Matters to a Vote of Security Holders

HOMETOWN BANKSHARES CORPORATION (NASDAQ:HMTA) Files An 8-K Submission of Matters to a Vote of Security Holders

Story continues below

Item5.07.

Submission of Matters to a Vote of Security
Holders.

At the annual meeting of shareholders of the Company held on May
9, 2017 (the Annual Meeting), the matters listed below were
submitted to a vote of the Companys shareholders. Set forth below
are the final voting results on each such matter.

1.

Election of Directors. Three persons were nominated by the
Board of Directors for election as directors of the
Company, serving until the 2020 annual meeting. Each
nominee was elected and the final results of the votes cast
for, votes withheld and broker non-votes were as follows:

Votes

Broker

Name of Nominee

Votes For

Withheld

Non-Votes

To serve until the 2020 Annual Meeting:

George B. Cartledge, Jr.

2,545,533 38,554 634,733

Warner Dalhouse

2,528,945 55,142 634,733

Marc S. Fink

2,545,204 38,883 634,733

2.

Approval of the non-binding advisory resolution approving
the compensation of the named executive officers
(Say-On-Pay).

Votes For

Votes

Against

Abstentions

Broker

Non-Votes

2,451,817 41,454 90,816 634,733

3.

Ratification of the appointment of Yount, Hyde Barbour,
P.C. as the Companys independent registered public
accounting firm for the fiscal year ended December 31,
2017.

Votes For

Votes

Against

Abstentions

Broker

Non-Votes

3,180,550 23,207 15,063


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 10.05 with 9,047 shares trading hands.

An ad to help with our costs