Attached files
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| EX-99.1 - PRESS RELEASE DATED DECEMBER 21, 2009 - FRONTIER FINANCIAL CORP /WA/ | ex99-1.htm |
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report:
December 21, 2009
Frontier Financial Corporation
(Exact name of registrant as specified in its charter)
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Washington
(State of incorporation or organization)
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000-15540
(Commission File Number)
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91-1223535
(I.R.S. Employer Identification No.)
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332 S.W. Everett Mall Way
P.O. Box 2215
Everett, Washington
(Address of principal executive offices)
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98204
(Zip Code) | ||
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Registrant’s telephone number, including area code: (425) 514-0700
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.
On December 21, 2009, Frontier Financial Corporation (the “Corporation”), the financial holding company for Frontier Bank, announced that Michael J. Clementz is retiring, effective December 31, 2009, from his position as President of Frontier Financial Corporation, CEO of Frontier Bank, and as a director of both companies. Mr.
Clementz had previously served as President and CEO of Frontier Financial Corporation from 2003 to 2005, and was appointed to his current position last December, 2008. Patrick M. Fahey, currently Chairman and CEO of Frontier Financial Corporation and Chairman of Frontier Bank, will assume the roles held by Mr. Clementz.
A copy of the Corporation’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
This report contains “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements describe management’s expectations regarding future events and developments such as the fair market value of Frontier’s investment portfolio. Readers should not place undue reliance on
forward-looking statements, which reflect management’s views only as of the date hereof. The words “should,” “anticipate,” “expect,” “will,” “believe,” and words of similar meaning are intended, in part, to help identify forward-looking statements. Future events are difficult to predict, and the expectations described above are subject to risks and uncertainties that may cause actual results to differ materially. Should one or more of these risks
or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. In addition to discussions about risks and uncertainties set forth from time to time in the Corporation’s filings with the Securities and Exchange Commission, factors that may cause actual results to differ materially from those contemplated in these forward-looking statements include, among others: (1) the extent and duration of continued economic
and market disruptions and governmental actions to address these disruptions; (2) the risk of new and changing legislation, regulation and/or regulatory actions; (3) pending litigation; (4) local and national general and economic conditions; (5) changes in interest rates; (6) reductions in loan demand or deposit levels; and (7) changes in loan collectibility, defaults and charge-off rates. Frontier Financial Corporation does not undertake to update forward-looking statements to reflect circumstances or events
that occur after the date the forward-looking statements were made. Any such statements are made in reliance on the safe harbor protections provided under the Securities Exchange Act of 1934, as amended.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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FRONTIER FINANCIAL CORPORATION | |
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(Registrant) | |
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December 21, 2009 |
/s/ Patrick M. Fahey |
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(Date) |
Patrick M. Fahey
Chief Executive Officer |
Exhibit Index