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EX-99.1 - FORM 99.1 - FIRST SOUTH BANCORP INC /VA/v245596_ex99-1.htm
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 (Date of earliest event reported) January 17, 2012

FIRST SOUTH BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)

VIRGINIA
0-22219
56-1999749
(State or other jurisdiction of
incorporation or organization
(Commission
File Number)
(IRS Employer
Identification No.)


1311 Carolina Avenue, Washington, North Carolina
27889
(Address of principal executive offices)
(Zip Code)

 (252) 946-4178
(Registrant’s telephone number, including area code)

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))
 
 
 

 
 
Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b) On January 17, 2012, First South Bancorp, Inc. (the “Company”) issued a press release reporting that Tom Vann announced his intention to retire from his positions as President and Chief Executive Officer of the Company and its wholly-owned subsidiary, First South Bank, at the end of the third quarter of 2012.
 
A copy of the press release dated January 17, 2012 is attached to this Report as an exhibit (Exhibit 99.1) and is furnished herewith.


Item 9.01.  Financial Statements and Exhibits

 
(a) 
Not applicable
 
(b) 
Not applicable
 
(c) 
Not applicable
 
(d) 
The following exhibit is filed herewith:

Exhibit 99.1 – Press Release dated January 17, 2012

 

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

 

   
First South Bancorp, Inc.
   
(Registrant)
     
     
     
Date: January 17, 2012
 
By: /s/ William L. Wall
   
William L. Wall
   
Executive Vice President, Chief Financial Officer and Secretary
 
 
 
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