Prudential Bancorp, Inc. (NASDAQ:PBIP) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Prudential Bancorp, Inc. (NASDAQ:PBIP) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security
Holders

(a) An Annual Meeting of Shareholders of Prudential Bancorp, Inc.
(the “Company”) was held on February 23, 2017.
(b) There were 9,015,982 shares of common stock of the Company
eligible to be voted at the Annual Meeting and 7,961,538 shares
represented in person or by proxy at the Annual Meeting, which
constituted a quorum to conduct business at the meeting.
The items voted upon at the Annual Meeting and the vote for each
proposal were as follows:
1. Election of directors:
For a three year term expiring in 2020:
FOR
WITHHELD
BROKER NON-VOTES
Francis V. Mulcahy
5,712,789
155,380
2,093,369
Dennis Pollock
5,733,363
134,806
2,093,369
2. To ratify the appointment of S.R. Snodgrass, P.C. as the
Company’s independent registered public accounting firm for the
fiscal year ending September 30, 2017.
FOR
AGAINST
ABSTAIN
7,674,766
229,896
56,876
Each of the nominees was elected as a director and the proposal
to ratify the appointment of S.R. Snodgrass, P.C. as the
Company’s independent registered public accounting firm for the
fiscal year ending September 30, 2017 were adopted by the
shareholders of the Company at the Annual Meeting by the
requisite affirmative vote.
(c) Not applicable.
(d) Not applicable.


About Prudential Bancorp, Inc. (NASDAQ:PBIP)

Prudential Bancorp, Inc. is a holding company for Prudential Savings Bank (the Bank). The Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured savings bank. As of September 30, 2015, the Bank had seven full service branches in the Philadelphia area. The Bank is engaged in the business of attracting deposits from its community through its branch offices and investing those deposits, together with funds from borrowings and operations, in single-family residential loans. Its lending activities consist of various loan types, including single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans and consumer loans. Its investment securities are classified as securities available for sale and securities held to maturity. Its principal sources of funds are deposits. It provides online and mobile banking services.

Prudential Bancorp, Inc. (NASDAQ:PBIP) Recent Trading Information

Prudential Bancorp, Inc. (NASDAQ:PBIP) closed its last trading session up +0.19 at 17.42 with 5,985 shares trading hands.