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EX-99.1 - EXHIBIT 99.1 - Your Community Bankshares, Inc.v237746_ex99-1.htm


 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K/A

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  October 20, 2011

Community Bank Shares of Indiana, Inc.

(Exact Name of Registrant as Specified in Charter)

Indiana
0-25766
35-1938254
(State or Other Jurisdiction
(Commission
(IRS Employer
of Incorporation)
File Number)
Identification No.)

101 West Spring Street, New Albany, Indiana 47150
(Address of Principal Executive Offices) (Zip Code)


Registrant's telephone number including area code (812) 944-2224


Not Applicable
(Former Name or Former Address, if Changed Since Last Report)


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:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



This Form 8-K/A is being filed to amend information included in Exhibit 99.1 of the Form 8-K filed on October 20, 2011 as set forth in Item 2.02 below.

 
 

 

ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

The press release attached as Exhibit 99.1 to the Form 8-K filed on October 20, 2011 included incorrect information regarding the Company’s percentage of allowance for loan losses to total loans.  The allowance for loan losses to total loans was reported as 2.17% in said release but in fact was 1.81%.  A revised press release with correct information regarding non-performing assets is attached as Exhibit 99.1 to this Form 8-K/A.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

EXHIBIT NO.

99.1 Community Bank Shares of Indiana, Inc. Press Release dated October 20, 2011

 
 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
COMMUNITY BANK SHARES OF INDIANA, INC.
 
       
Date:    October 20, 2011                      
By:
/s/ Paul A. Chrisco  
    Name:  Paul A. Chrisco  
    Title: Chief Financial Officer