Park Sterling Corporation (NASDAQ:PSTB) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On July 27, 2017, Park Sterling Corporation (“Park Sterling”) announced its financial results for the second quarter ended June 30, 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”).
Item 2.02. Other Events.
On July 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 August 25, 2017 to all common shareholders of record as of the close of business on August 9, 2017. Future dividends will be subject to Board approval. A copy of the press release is attached as Exhibit 99.2 and is incorporated herein by reference.
Item 2.02. Financial Statements and Exhibits.
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ExhibitNo. |
ExhibitDescription |
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99.1 |
Press Release, dated July 27, 2017, with respect to Park Sterling’s financial results for the second quarter ended June 30, 2017 |
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99.2 |
Press Release, dated July 26, 2017, with respect to declaration of dividend |
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Park Sterling Corp ExhibitEX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm Exhibit 99.1 Park Sterling Corporation Announces Results for Second Quarter 2017 Charlotte,…To view the full exhibit click here
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.
