8-K 1 dnb8k.htm DNB FINANCIAL CORPORATION FORM 8-K dnb8k.htm
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):
January 7, 2008

 
__________________________________________
(Exact name of registrant as specified in its charter)

Pennsylvania
0-16667
23-2222567
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
     
4 Brandywine Avenue, Downingtown, Pennsylvania
  
19335
_________________________________
(Address of principal executive offices)
  
___________
(Zip Code)



Registrant’s telephone number, including area code:
(610) 269-1040


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))

 
 
 




On January 6, 2009, DNB Financial Corporation (the “Company”) received preliminary approval of its application to voluntarily participate in the U.S. Department of the Treasury’s TARP Capital Purchase Program (the “Program”).  As a participant in the Program, subject to final regulatory approval upon execution of definitive agreements and completion of standard closing conditions, the Company will receive $11,750,000 in capital from the U.S. Department of the Treasury in exchange for shares of the Company’s senior preferred stock and warrants to purchase shares of the Company’s common stock.  The terms and conditions of the senior preferred stock and the warrants will conform to those provided by the U.S. Department of the Treasury.



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.

 
DNB FINANCIAL CORPORATION
       
January 7, 2009
By:
  
/s/ Gerald F. Sopp
 
     
Name: Gerald F. Sopp
     
Title: Chief Financial Officer and Executive VP
 

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