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) – May 30, 2014

 

 

CODORUS VALLEY BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Pennsylvania 0-15536 23-2428543
(State or other jurisdiction of incorporation) (Commission File
Number)
(IRS Employer
Number)
     
105 Leader Heights Road
P.O. Box 2887
York, Pennsylvania
  17405-2887
(Address of principal executive offices)   (Zip code)

 

717-747-1519

(Registrant’s telephone number including area code)

 

N/A

(Former name or 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 Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under 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))

 

 

 
 

 

CODORUS VALLEY BANCORP, INC.

FORM 8-K

 

 

Item 8.01. Other Events.

 

On May 30, 2014, Codorus Valley Bancorp, Inc. (the “Company”) issued a press release announcing that it has redeemed 13,000 of the 25,000 shares of the Company’s Senior Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), that had been issued to the United States Department of the Treasury in August 2011 in connection with the Company’s participation in the Small Business Lending Fund program. The shares were redeemed at their liquidation value of $1,000 per share plus accrued dividends for a total redemption price of $13,021,305.56.

 

Following the consummation of this partial redemption, the Company continues to have outstanding 12,000 shares of its Series B Preferred Stock.

 

A copy of the Company’s press release, dated May 30, 2014, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)   Exhibits

 

Exhibit
No.

 

Description of Exhibit

   
99.1   Press Release issued May 30, 2014.

 

 

 

 

 
 

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.

 

    Codorus Valley Bancorp, Inc.
     
     
     
Date:  May 30, 2014   /s/ Larry J. Miller
    Larry J. Miller
President and Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 
 

EXHIBIT INDEX

 

Exhibit
No.

 

Description of Exhibit

   
99.1   Press Release issued May 30, 2014.