Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SCBT > SEC Filings for SCBT > Form 8-K on 29-Nov-2012All Recent SEC Filings

Show all filings for SCBT FINANCIAL CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SCBT FINANCIAL CORP


29-Nov-2012

Other Events


Item 8.01 Other Events.

On November 28, 2012, SCBT Financial Corporation (the "Company") received regulatory approval from the Board of Governors of the Federal Reserve System to merge with The Savannah Bancorp, Inc., a Georgia corporation ("SAVB," and such merger, the "Merger"), pursuant to the Agreement and Plan of Merger between the Company and SAVB, dated as of August 7, 2012 (the "Merger Agreement"), and to thereby acquire The Savannah Bank, National Association, a national banking association ("Savannah Bank"), and Bryan Bank & Trust, a Georgia banking corporation ("Bryan Bank"), each a wholly owned subsidiary of SAVB. On the same date, the Company received regulatory approval from the Federal Deposit Insurance Corporation for SCBT, a South Carolina banking corporation and wholly owned subsidiary of the Company ("SCBT Bank"), to merge with Savannah Bank and Bryan Bank under the charter of and with the title of SCBT Bank (the "Bank Mergers"). As the Company previously received the necessary regulatory approvals for the Merger and the Bank Mergers from each of the South Carolina State Board of Financial Institutions and the Georgia Department of Banking and Finance, all regulatory approvals required in connection with the Merger have now been obtained.

Completion of the Merger remains subject to approval by shareholders of SAVB of the Merger Agreement and to approval by shareholders of the Company of the issuance of Company common stock in connection with the Merger, as well as to customary closing conditions. Assuming such approvals are received and conditions are satisfied, the Company expects to complete the Merger on or about December 13, 2012.


  Add SCBT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SCBT - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.