Item 2.02Results of Operations and Financial Condition
On July 22, 2021, William Penn Bancorporation (the “Company”) issued a press release announcing its financial results for the quarter and year ended June 30, 2021. A copy of the Company’s press release is attached as Exhibit 99.1 and is furnished herewith.
The information contained in this Item 2.02 and in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (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 references in such a filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appontment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On July 21, 2021, the Board of Directors of the Company and its wholly owned subsidiary, William Penn Bank (the “Bank”), appointed Amy J. Hannigan, the Executive Vice President and Director of Corporate Development of the Company and the Bank, to serve as Executive Vice President and Chief Operating Officer of the Company and the Bank, effective immediately.
Ms. Hannigan, age 54, has served as Executive Vice President and Director of Corporate Development of the Company and the Bank since May 10, 2021. Prior to joining the Company and the Bank, Ms. Hannigan served as Senior Vice President and Corporate Controller of WSFS Financial Corporation, the parent company of WSFS Bank, from March 2019 to May 2021. Ms. Hannigan joined WSFS Financial Corporation following its March 2019 acquisition of Beneficial Bancorp, Inc., the parent company of Beneficial Bank, where Ms. Hannigan served as Senior Vice President and Chief Accounting Officer from March 2010 to March 2019.
Item 8.01 Other Events.
On July 21, 2021, the Board of Directors of the Company declared a special cash dividend of $0.30 per common share, payable on August 18, 2021 to common shareholders of record at the close of business on August 2, 2021.
Item 9.01 Financial Statements and Other Exhibits