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): May 5, 2016
| Citizens Independent Bancorp, Inc. |
| (Exact name of registrant as specified in its charter) |
| Ohio | 333-191004 | 31-1441050 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
188 West Main Street
Logan, Ohio 43138
(740) 385-8561
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (740) 385-8561
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 (see General Instruction A.2. below):
¨ 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))
Section 5 – Corporate Governance and Management
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
| (a) | On May 5, 2016, Citizens Independent Bancorp, Inc. (“Bancorp”) held its 2016 Annual Meeting of Shareholders (the “Annual Meeting”). At the close of business on March 18, 2016, the voting record date, there were 669,754 Bancorp common shares outstanding and entitled to vote. At the Annual Meeting, 405,202, or 60.5%, of the outstanding common shares entitled to vote were represented by proxy or in person. |
Proposal 1: Election of Four Directors
Directors elected for a term expiring at the 2019 Annual Meeting:
| Number of Votes Cast: | ||||||||||||
| For | Withheld | Broker Non-Votes | ||||||||||
| Daniel C. Fischer | 395,689 | 9,513 | - | |||||||||
| Jerry Don Johnson | 395,422 | 9,780 | - | |||||||||
| Michael J. Shawd | 381,650 | 23,552 | - | |||||||||
| Daniel J. Stohs | 391,558 | 13,644 | - | |||||||||
Proposal 2: Bancorp shareholders ratified the appointment of Suttle & Stalnaker, PLLC as Bancorp’s independent registered public accounting firm for the fiscal year ending December 31, 2016.
| Number of Votes Cast: | ||||||||||||
| For | Against | Abstain | Broker Non-Votes | |||||||||
| 401,206 | - | 3,996 | — | |||||||||
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.
| CITIZENS INDEPENDENT BANCORP, INC. | ||
| By: | /s/ Daniel C. Fischer | |
| Daniel C. Fischer | ||
| President & Chief Executive Officer | ||
Date: May 9, 2016