Current Report Filing (8-k)
21 April 2015 - 11:32PM
Edgar (US Regulatory)
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): April 21, 2015
POAGE BANKSHARES, INC.
(Exact Name of Registrant as Specified in Charter)
Maryland
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001-35295
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45-3204393
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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1500 Carter Avenue, Ashland, Kentucky
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41101
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant's telephone number, including area code: (606) 324-7196
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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On April 21, 2015, the Board of Directors of Poage Bankshares, Inc. (the “Company”) declared a quarterly cash dividend of $0.06 per share of the Company’s common stock. The dividend will be paid on or about May 18, 2015 to stockholders of record as of the close of business on May 11, 2015. A copy of the press release announcing the divdiend is attached as Exhibit 99.1 hereto.
Item 9.01
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Financial Statements and Exhibits
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(a)
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Not Applicable.
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(b)
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Not Applicable.
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(c)
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Not Applicable.
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(d)
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Exhibits
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Exhibit 99.1
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Press Release dated April 21, 2015
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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.
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POAGE BANKSHARES, INC.
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DATE: April 21, 2015
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By:
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/s/ Ralph E. Coffman, Jr.
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Ralph E. Coffman, Jr.
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President and Chief Executive Officer
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
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Ralph E. Coffman
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Poage Bankshares, Inc. Announces Increased Quarterly Cash Dividend
ASHLAND, Ky., April 21, 2015 /PRNewswire/ -- Poage Bankshares, Inc. (NASDAQ Capital: PBSK) announced on April 21, 2015 that its Board of Directors declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid on or about May 18, 2015, to stockholders of record as of the close of business on May 11, 2015. The dividend amount represents an increase over its quarterly dividend of $0.05 per share that the Company has paid since October 2013.
“We are pleased to pay an increased cash dividend to our shareholders this quarter,” said Ralph E. Coffman, Jr., President and Chief Executive Officer of the Company. “The payment of dividends represents our long-term commitment to enhancing shareholder value, and the increase in quarterly dividends represents our growth and enhanced performance in recent periods.”
About Poage Bankshares, Inc.
Poage Bankshares, Inc. is the savings and loan holding company for Town Square Bank. Originally chartered in 1889 under the name “Home Federal Savings and Loan Association” and headquartered in Ashland, Kentucky, Town Square Bank conducts its operations from 8 full-service banking offices located in Ashland, Flatwoods, South Shore, Louisa, Greenup, Nicholasville, Cannonsburg and Catlettsburg, Kentucky.
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