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): February 1, 2019

 

 

 

SB ONE BANCORP

(Exact name of registrant as specified in its charter)

 

New Jersey
(State or other jurisdiction of
incorporation or organization)
 

001-12569

(Commission
File Number)

  22-3475473
(I.R.S. Employer
Identification No.)

 

100 Enterprise Dr.

Rockaway, New Jersey 07866
(Address of principal executive offices, zip code)

 

Registrant’s telephone number, including area code: (844) 256-7328 

 

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))

 

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 2.02.Results of Operations and Financial Condition.

 

On February 1, 2019, SB One Bancorp (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2018. A copy of the press release is furnished as Exhibit 99.1 hereto and is hereby incorporated by reference herein.

 

The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information or exhibit be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

 

Item 8.01.Other Events.

 

On February 1, 2019, the Company also announced that its Board of Directors has authorized a common stoch repurchase program, pursuant to which the Company may repurchase up to 470,000 shares of its common stock, or approximately 5.0% of its currently outstanding common stock..

 

Item 9.01.Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit 

Number

  Description
99.1   Press Release, dated February 1, 2019

 

  

 

 

SIGNATURE

 

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.

 

  SB ONE BANCORP
     
Date: February 1, 2019 By: /s/ Steven M. Fusco
    Steven M. Fusco
   

Senior Executive Vice President and

Chief Financial Officer