Toggle SGML Header (+)


Section 1: 8-K (COMMUNITY FIRST BANCSHARES, INC. FORM 8-K JANUARY 10, 2020)

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): January 10, 2020

COMMUNITY FIRST BANCSHARES, INC.
(Exact Name of Registrant as Specified in Charter)

Federal
001-38074
82-1147778
(State or Other Jurisdiction
of Incorporation)
(Commission File No.)
(I.R.S. Employer
Identification No.)

3175 Highway 278, Covington, Georgia
30014
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s telephone number, including area code: (770) 786-7088

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):

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))

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

Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
Common Stock, par value $0.01 per share
 
CFBI
 
The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark 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. ☐


Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
       Certain Officers

As previously disclosed, on January 10, 2020, Community First Bancshares, Inc. (the “Company”) and its wholly-owned subsidiary, Newton Federal Bank, completed their acquisition of ABB Financial Group, Inc. and its wholly-owned subsidiary, Affinity Bank.  Effective upon the completion of the acquisition, Kenneth D. Lumpkin, the former Executive Vice President and Chief Lending Officer of the Bank, was named Senior Vice President of the Bank.

On January 13, 2020, Mr. Lumpkin provided written notice to the Bank of his intention to terminate his employment for “Good Reason” pursuant to the terms of the Employment Agreement, dated as of September 1, 2018, between the Bank, the Company and Mr. Lumpkin, as a result of the new appointment.  His termination of employment would be effective no later than 30 days from the date of Mr. Lumpkin’s notice.

Item 9.01.   Financial Statements and Exhibits

Not applicable







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.


   
COMMUNITY FIRST BANCSHARES, INC.
     
     
DATE: January 16, 2020
By:  
 /s/ Tessa M. Nolan
   
Tessa M. Nolan
   
Senior Vice President and Chief Financial Officer
 





(Back To Top)