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Section 1: 8-K (FORM 8-K DATED OCTOBER 8, 2019)

 

 

 

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): October 8, 2019

 

 

CODORUS VALLEY BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

   
  PENNSYLVANIA  
(State or other jurisdiction of incorporation)
0-15536 23-2428543
(Commission file number)   (IRS employer ID)

 

105 Leader Heights Road, PO Box 2887, York, Pennsylvania   17405-2887
(Address of principal executive office)   (Zip Code)

 

Registrant’s telephone number, including area code - (717) 747-1519

 

N/A

(Former name, address and fiscal year, if changed since last report.)

 

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, $2.50 par value CVLY NASDAQ Global Market

 

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))

 

Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)

 

Emerging growth company ☐

 

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

 

 

 

 

CODORUS VALLEY BANCORP, INC.

FORM 8-K

Item 8.01 Other Events

 

As announced in the attached press release, on October 8, 2019, the Board of Directors of Codorus Valley Bancorp, Inc. declared a regular quarterly cash dividend of $0.16 per common share, payable on November 12, 2019, to shareholders of record at the close of business on October 22, 2019. Also on October 8, 2019, a 5 percent common stock dividend was declared, payable on December 10, 2019, to shareholders of record at the close of business on October 22, 2019.

 

 

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

No.     Description

99.1       Press release of Codorus Valley Bancorp, Inc., dated October 9, 2019.

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  CODORUS VALLEY BANCORP, INC.
   
   
Date: October 9, 2019 By: /s/ Larry D. Pickett
  Larry D. Pickett, CPA
  Treasurer
  (Principal Financial and Accounting Officer)

 

 

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Section 2: EX-99.1 (PRESS RELEASE DATED OCTOBER 9, 2019)

 

Exhibit 99.1

 (Graphic)

 

Codorus Valley Bancorp, Inc.

Declares Quarterly Cash Dividend

And 5 Percent Stock Dividend

 

FOR IMMEDIATE RELEASE -- York, Pennsylvania – October 9, 2019

 

On October 8, 2019, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.16 per common share, payable on November 12, 2019, to shareholders of record at the close of business on October 22, 2019. Also on October 8, 2019, a 5 percent common stock dividend was declared, payable on December 10, 2019, to shareholders of record at the close of business on October 22, 2019.

 

With assets of over $1.8 billion, PeoplesBank, A Codorus Valley Company, is a wholly-owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

 

Questions or comments concerning this Press Release should be directed to:

Codorus Valley Bancorp, Inc.
Larry J. Miller, Chairman, President and CEO Larry D. Pickett, CPA - Treasurer
717-747-1500 717-747-150
[email protected] [email protected]

 

Press Release

Page 1 of 1

Codorus Valley Corporate Center

105 Leader Heights Road, York, PA 17403

717-747-1519

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