TERRITORIAL BANCORP INC. (NASDAQ:TBNK) Files An 8-K Other EventsItem 9.01 Other Events
The 2018 annual meeting of stockholders of the Company is expected to be held May17, 2018. At the annual meeting, stockholders will consider the election of directors, the ratification of the appointment of the independent registered public accounting firm and the approval of a nonbinding proposal to approve the Company’s executive compensation.
Item 9.01 Financial Statements and Exhibits
About TERRITORIAL BANCORP INC. (NASDAQ:TBNK)
Territorial Bancorp Inc. is a bank holding company. The Company owns Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its approximately 30 banking offices located throughout the State of Hawaii. Its business consists of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential mortgage loans and investment securities. It offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit (CDs), money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also offers various non-deposit investments to its customers. Its primary lending activity is the origination of one- to four-family residential mortgage loans. Its primary source of funds for its investment and lending activities includes deposits.
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