0000908834-14-000727.txt : 20141215 0000908834-14-000727.hdr.sgml : 20141215 20141215134208 ACCESSION NUMBER: 0000908834-14-000727 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141215 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141215 DATE AS OF CHANGE: 20141215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIVER VALLEY BANCORP CENTRAL INDEX KEY: 0001015593 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 351984567 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21765 FILM NUMBER: 141285920 BUSINESS ADDRESS: STREET 1: 430 CLIFTY DRIVE STREET 2: PO BOX 1590 CITY: MADISON STATE: IN ZIP: 47250 BUSINESS PHONE: 812-273-4949 MAIL ADDRESS: STREET 1: 430 CLIFTY DRIVE STREET 2: PO BOX 1590 CITY: MADISON STATE: IN ZIP: 47250 8-K 1 rvb_8k1215.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):  December 15, 2014
 
River Valley Bancorp
(Exact Name of Registrant as Specified in Its Charter)
     
Indiana
0-21765
35-1984567
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
   
430 Clifty Drive, P.O. Box 1590, Madison, Indiana
47250-0590
(Address of Principal Executive Offices)
(Zip Code)
 
(812) 273-4949
(Registrant’s Telephone Number, Including Area Code)
 
N/A
(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:
o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Item 8.01  Other Events.

On December 15, 2014, the Company issued a press release announcing the redemption of all of its 5,000 issued and outstanding shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A. The press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.


Item 9.01  Financial Statements and Exhibits.

(c) Exhibits
 
Exhibit No.
Description
 
99.1
 
Press Release dated December 15, 2014 (redemption of preferred stock)


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 hereto duly authorized.

Date: December 15, 2014
River Valley Bancorp
     
     
 
By:
 /s/ Matthew P. Forrester
   
Matthew P. Forrester
   
President and Chief Executive Officer

 
 
 
EXHIBIT INDEX

Exhibit No.
Description
Location
 
99.1
 
Press Release dated December 15, 2014 (redemption of preferred stock)
 
Attached
EX-99.1 2 rvb_8k1215ex.htm PRESS RELEASE
Exhibit 99.1
 
 
 
RIVER VALLEY BANCORP PRESS RELEASE

FOR MORE INFORMATION   Contact: Matthew P. Forrester, President and CEO, at 812-273-4949
FOR IMMEDIATE RELEASE   Date: December 15, 2014

 
RIVER VALLEY BANCORP ANNOUNCES REDEMPTION OF PREFERRED STOCK

MADISON, INDIANA - - River Valley Bancorp (the “Corporation”) (NASDAQ Capital Market Symbol “RIVR”), parent corporation of River Valley Financial Bank, announced today that it redeemed today all of its outstanding 5,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”) for $5,000,000.  The Series A Preferred Stock was issued in a private placement on November 19, 2009.  The Series A Preferred Stock was paying dividends at 7.5% per year, but those dividends would have increased to 9% per year on December 15, 2014.  The redemption occurred in accordance with optional redemption provisions of the Series A Preferred Stock Designation of Preferences.
The Corporation’s President and Chief Executive Officer, Matthew P. Forrester, stated: “We are using some of the proceeds of our recent common stock public offering to redeem the Series A Preferred Stock before dividends increase to 9% per year. We are very pleased with this opportunity to replace the more expensive preferred stock financing with common equity capital.”
River Valley Bancorp/River Valley Financial Bank is based in Madison, Indiana and has fifteen full service bank locations. Those locations include offices in Madison, Hanover, Charlestown, Sellersburg, Floyds Knobs, New Albany, Dupont, North Vernon, Jeffersonville, Osgood, and Seymour, Indiana. Another office is located in Carrollton, KY.
 
Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include expressions such as "expects," "intends," "believes," and "should," which are necessarily statements of belief as to the expected outcomes of future events. Actual results could materially differ from those presented. The Company's ability to predict future results involves a number of risks and uncertainties, some of which have been set forth in the Company's most recent annual report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.