Sunshine Bancorp, Inc. (NASDAQ:SBCP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Sunshine Bancorp, Inc. (NASDAQ:SBCP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The proposal to adjourn the special meeting, if necessary, to solicit additional proxies if there were not sufficient votes present at the special meeting in person or by proxy to approve and adopt the Agreement and Plan of Merger and the merger, was not considered by stockholders based on the approval of Proposal 1 at the special meeting.
About Sunshine Bancorp, Inc. (NASDAQ:SBCP)
Sunshine Bancorp, Inc. (Sunshine Bancorp) is a savings and loan holding company for Sunshine Bank (the Bank). The Bank is a federal stock savings bank. The Bank’s principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial business loans, and to a lesser extent, multi-family real estate, land and construction and consumer loans. The Bank offers online banking services and remote deposit capture. It offers commercial term loans, lines of credit, agricultural production, equipment financing and revolving lines of credit. The Bank offers a range of deposit accounts, including noninterest-bearing demand accounts, interest-bearing demand accounts, money market accounts, savings accounts and time deposits.
