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HBKS > SEC Filings for HBKS > Form 8-K on 26-Apr-2012All Recent SEC Filings

Show all filings for HERITAGE BANKSHARES INC /VA | Request a Trial to NEW EDGAR Online Pro

Form 8-K for HERITAGE BANKSHARES INC /VA


26-Apr-2012

Results of Operations and Financial Condition, Other Events, Financia


Item 2.02. Results of Operations and Financial Condition

On April 25, 2012, Heritage Bankshares, Inc. (the "Company") issued a press release related to its results of operations and financial condition for the quarter ended March 31, 2012 (the "Press Release"). The text of the Press Release is included as Exhibit 99.1 to this report and is incorporated herein by reference. The information furnished pursuant to this Item 2.02 of this Form 8-K, including Exhibit 99.1 hereto, shall not be treated as "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The Company will include unaudited financial statements and additional analyses for the quarter ended March 31, 2012 as part of its Form 10-Q covering the period.



Item 8.01. Other Events

The Company also announced in the Press Release that, on April 25, 2012, the Board of Directors declared a quarterly dividend on the Company's common stock in the amount of $0.06 per share, payable on May 18, 2012 to shareholders of record on May 7, 2012.

The same day, the Board of Directors also declared a dividend on the preferred stock issued by the Company in connection with its participation in the Small Business Lending Fund Program. Specifically, the Board declared a cash dividend of $19,500, which represents the expected amount of the dividend next payable by the Company under the SBLF program based on its applicable level of "Qualified Small Business Lending". This dividend shall be payable and paid on July 2, 2012 to the holders of the SBLF Preferred Stock of record on June 18, 2012 (currently the sole shareholder of record of the SBLF Preferred Stock is the Secretary of the Treasury).



Item 9.01 Financial Statements and Exhibits

(c) Exhibits

99.1 Press Release issued by Heritage Bankshares, Inc. on April 25, 2012.

Heritage Bankshares, Inc.
(Registrant)

Date: April 26, 2012 /s/ John O. Guthrie John O. Guthrie Chief Financial Officer


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