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BTC > SEC Filings for BTC > Form 8-K on 1-Aug-2008All Recent SEC Filings

Show all filings for COMMUNITY BANKERS TRUST CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for COMMUNITY BANKERS TRUST CORP


1-Aug-2008

Change in Directors or Principal Officers, Other Events, Financial S


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 31, 2008, Bruce B. Nolte, chief executive officer of Community Bankers Trust Corporation (the "Company") resigned as chief executive officer and as a director effective immediately. Mr. Nolte has not advised the Company of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Upon acceptance of Mr. Nolte's resignation by the Company's board of directors, the board appointed George M. Longest, Jr., president of the Company and chief executive officer of the Company's subsidiary, Bank of Essex, as the Company's chief executive officer.

Additionally, the Honorable John C. Watkins, a director of TransCommunity Financial Corporation until its recent merger with the Company, was appointed by the board of directors as a director to fill the vacancy on the board effective immediately. Mr. Watkins currently serves as a member of the board of directors of Bank of Essex, is a State Senator for the Commonwealth of Virginia and is one of the early founders of Bank of Powhatan. No appointments to any board committees have been made or are contemplated at this time.

A copy of the Company's press release issued August 1, 2008 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 8.01 Other Events.

On August 1, 2008, the Company issued a press release announcing the completion of the merger of the Company's two subsidiary banks, pursuant to which TransCommunity Bank, National Association, was merged with and into the Bank of Essex.

A copy of the Company's press release issued August 1, 2008 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1 Press release dated August 1, 2008


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