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EX-99.1 - EXHIBIT 99.1 - ASB Bancorp Incv329318_ex99-1.htm





United States

Securities and Exchange Commission

Washington, D.C. 20549






Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): November 20, 2012



(Exact Name of Registrant as Specified in Its Charter)


North Carolina

(State or other jurisdiction of incorporation or organization)



(Commission File Number)



(IRS Employer

Identification No.)


11 Church Street, Asheville, North Carolina 28801

(Address of principal executive offices) (Zip Code)


(828) 254-7411

(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:


£Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


£Soliciting material pursuant to Rule 14a-12 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))






Item 8.01Other Events.


On November 27, 2012, ASB Bancorp, Inc. (the “Company”), the holding company for Asheville Savings Bank, S.S.B. (the “Bank”), issued a news release announcing that on November 20, 2012 the Bank’s Board of Directors approved the appointment of Vikki D. Bailey as Executive Vice President and Chief Retail Officer for the Bank effective December 1, 2012. For further information, reference is made to the Company’s news release dated November 27, 2012, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith.


Item 9.01Financial Statements and Exhibits.






99.1News Release dated November 27, 2012






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 thereunto duly authorized.


Date:  November 27, 2012 By: /s/ SUZANNE S. DEFERIE  
    Suzanne S. DeFerie  
    President and Chief Executive Officer