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EX-99.1 - EXHIBIT 99.1 - FIRST SOUTH BANCORP INC /VA/v448168_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) September 2, 2016

 

FIRST SOUTH BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

VIRGINIA   0-22219   56-1999749
(State or other jurisdiction of   (Commission   (IRS Employer
 incorporation)   File Number)   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:

 

¨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 7.01 Regulation FD Disclosure

 

On September 2, 2016, First South Bancorp, Inc. (the “Company”) mailed a Shareholder Communication Letter to its common shareholders summarizing previously reported 2016 year-to-date and second quarter financial performance. The Shareholder Communication Letter also included a narrative summary of the Company’s success of implementing several strategic initiatives and its focus on building long-term shareholder value. A copy of the Shareholder Communication Letter mailed on September 2, 2016 is attached to this Report as an exhibit (Exhibit 99.1) and is incorporated herein by reference.

 

The information contained in Item 7.01 and Exhibit 99.1 of this Current Report is being furnished under Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

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 – Shareholder Communication Letter dated September 2, 2016.

 

 

 

 

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: September 2, 2016 By: /s/ Scott C. McLean
  Scott C. McLean
  Executive Vice President
  Chief Financial Officer