Park Sterling Corporation (NASDAQ:PSTB) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial
Condition.
On January 26, 2017, Park Sterling Corporation (Park Sterling)
announced its financial results for the third quarter ended
December 31, 2016. 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.
On January 26, 2016, Park Sterling will hold an investor
conference call to disclose its financial results for the fourth
quarter ended December 31, 2016. A copy of the slide package
prepared for use by executive management for this presentation is
furnished as Exhibit 99.2. All of the information in the
presentation is presented as of January 26, 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 January 25, 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 February 7, 2017 to all common
shareholders of record as of the close of business on February
22, 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 January 26, 2017, with respect to Park |
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99.2 |
Slide Package prepared for use in connection with Park |
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99.3 |
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Press Release, dated January25, 2017, with respect to |
S
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 +0.37 at 11.61 with 621,920 shares trading hands.
