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EX-99.1 - PRESS RELEASE - Village Bank & Trust Financial Corp.ex99.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 18, 2013
___________

VILLAGE BANK AND TRUST FINANCIAL CORP.
(Exact name of registrant as specified in its charter)

Virginia
(State or other jurisdiction
of incorporation)
0-50765
(Commission File Number)
16-1694602
(IRS Employer
Identification No.)
     
15521 Midlothian Turnpike
Midlothian, Virginia
(Address of principal executive offices)
 
23113
(Zip Code)

Registrant’s telephone number, including area code: (804) 897-3900

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 8.01       Other Events.

On January 18, 2013, Village Bank and Trust Corporation issued a joint press release announcing that its subsidiary, Village Bank, entered into a purchase and assumption agreement with StellarOne Bank for StellarOne Bank to purchase approximately $21.6 million of deposits, $12.2 million in loans at par and one financial center located in Richmond, Virginia, for a deposit premium of 3.5% with assets transferred at net book value.  A copy of the joint press release announcing the entry into the agreement is filed as Exhibit 99.1 hereto and is incorporated herein by reference.


Item 9.01       Financial Statements and Exhibits.

      
  (d)   Exhibits.  
     
 
Exhibit No.
Description
     
 
        99.1
Press release dated January 18, 2013.



 
 

 

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 hereunto duly authorized.


 
VILLAGE BANK AND TRUST FINANCIAL CORP.
   
(Registrant)
       
       
Date:  January 24, 2013
By:
/s/ C. Harril Whitehurst, Jr.
 
   
C. Harril Whitehurst, Jr.
 
   
Senior Vice President and CFO


 
 

 

EXHIBIT INDEX

Exhibit No.
Description
   
99.1
Press release dated January 18, 2013.