UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM
Current report
pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code:
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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:
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Trading Symbol(s) |
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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 8.01: | Other Events |
The Board of Directors of TriCo Bancshares (NASDAQ: TCBK), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.22 (twenty-two cents) per share on its common stock, no par value, on August 8, 2019. The dividend is payable on September 27, 2019 to holders of record on September 13, 2019.
| Item 9.01: | Financial Statements and Exhibits |
(d) Exhibits
| 99.1 |
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 thereunto duly authorized.
| TRICO BANCSHARES | ||||||
| Date: August 13, 2019 |
/s/ Peter G. Wiese | |||||
| Peter G. Wiese, Executive Vice President and | ||||||
| Chief Financial Officer (Principal Financial and Accounting Officer) |
Exhibit 99.1
TRICO BANCSHARES ANNOUNCES QUARTERLY CASH DIVIDEND
| PRESS RELEASE | Contact: Peter G. Wiese | |||
| FOR IMMEDIATE RELEASE | Executive Vice President & CFO | |||
| (530) 898-0300 |
CHICO, CA – (August 13, 2019) – The Board of Directors of TriCo Bancshares (NASDAQ: TCBK), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.22 (twenty-two cents) per share on its common stock, no par value on August 8, 2019. The dividend is payable on September 27, 2019 to holders of record as of September 13, 2019. The Company has consistently declared a quarterly cash dividend since 1989 and has a history of periodically increasing its quarterly cash dividend. This dividend declaration represents nearly a 16% increase over the $0.19 cash dividend paid in each of the previous three quarters and a 29% increase as compared to the $0.17 cash dividend paid in September of 2018.
Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughout Northern and Central California. Tri Counties Bank provides an extensive and competitive breadth of consumer, small business and commercial banking financial services, along with convenient around-the-clock ATM, online and mobile banking access. Brokerage services are provided by the Bank’s investment services through affiliation with Raymond James Financial Services, Inc. Visit www.TriCountiesBank.com to learn more.
Document and Entity Information |
Aug. 08, 2019 |
|---|---|
| Cover [Abstract] | |
| Entity Registrant Name | TRICO BANCSHARES / |
| Amendment Flag | false |
| Entity Central Index Key | 0000356171 |
| Document Type | 8-K |
| Document Period End Date | Aug. 08, 2019 |
| Entity Incorporation State Country Code | CA |
| Entity File Number | 0-10661 |
| Entity Tax Identification Number | 94-2792841 |
| Entity Address, Address Line One | 63 Constitution Drive |
| Entity Address, City or Town | Chico |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 95973 |
| City Area Code | (530) |
| Local Phone Number | 898-0300 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, no par value |
| Trading Symbol | TCBK |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |