Park Sterling Corporation (NASDAQ:PSTB) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial
Condition.
On April 27, 2017, Park Sterling Corporation (Park Sterling)
announced its financial results for the first quarter ended March
31, 2017. A copy of the related press release is furnished as
Exhibit99.1. The information included herein, as well as Exhibit
99.1 referenced herein, shall not be deemed filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), nor shall it be deemed incorporated by reference
in filings under the Securities Act of 1933, as amended (the
Securities Act).
Item7.01. Regulation FD
Disclosure.
A copy of the slide presentation prepared by executive management
in connection with Park Sterlings release of its financial
results for the quarter ended March 31, 2017 is furnished as
Exhibit 99.2. All of the information in the presentation is
presented as of April 27, 2017, and Park Sterling does not assume
any obligation to update such information in the future.
The information included in the preceding paragraph, as well as
Exhibit 99.2 referenced therein, shall not be deemed filed for
purposes of Section 18 of the Exchange Act nor shall it be deemed
incorporated by reference in filings under the Securities Act.
Item 8.01. Other Events.
On April 26, 2017, Park Sterling issued a press release
announcing that its board of directors (Board) declared a
quarterly cash dividend to its common shareholders of $0.04 per
common share, payable on May 25, 2017 to all common shareholders
of record as of the close of business on May 9, 2017. Future
dividends will be subject to Board approval. A copy of the press
release is attached as Exhibit 99.3 and is incorporated herein by
reference.
Item9.01. Financial Statements and Exhibits.
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ExhibitNo. |
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ExhibitDescription |
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99.1 |
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Press Release, dated April 27, 2017, with respect to Park |
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99.2 |
Slide Presentationrelating to Park Sterlings financial |
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99.3 |
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Press Release, dated April 26, 2017, with respect to |
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About Park Sterling Corporation (NASDAQ:PSTB)
Park Sterling Corporation is a holding company for Park Sterling Bank (the Bank). The Bank is a North Carolina-chartered commercial nonmember bank. The Company provides banking services to small and mid-sized businesses, real estate owners, residential builders, institutions, professionals and consumers doing business or residing within its target markets. It provides a range of banking products, including personal, non-profit checking accounts, interest on lawyer trust accounts, individual retirement accounts, business and personal money market accounts, time deposits, overdraft protection, and online and mobile banking. Its wealth management activities include investment management, private banking and investment brokerage services. Its cash management activities include remote deposit capture, lockbox services, sweep accounts and wire payments. Its capital markets activities include interest rate and currency risk management products, loan syndications and debt placements. Park Sterling Corporation (NASDAQ:PSTB) Recent Trading Information
Park Sterling Corporation (NASDAQ:PSTB) closed its last trading session up +0.23 at 12.52 with 272,891 shares trading hands.