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SPBC > SEC Filings for SPBC > Form 8-K on 11-Sep-2013All Recent SEC Filings

Show all filings for SP BANCORP, INC.

Form 8-K for SP BANCORP, INC.


Change in Directors or Principal Officers

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

On September 6, 2013, SP Bancorp, Inc. (the "Company") received notice from the Office of the Comptroller of the Currency (the "OCC") of the approval of an amendment to the bylaws of SharePlus Federal Bank (the "Bank"), the sole banking subsidiary of the Company, pursuant to which the Board of Directors of the Bank (the "Bank Board") was increased from nine directors to ten directors (the "Bank Bylaw Amendment"), which approval was effective September 3, 2013. As previously reported in the Current Report on Form 8-K filed by the Company on September 5, 2013, Randy Sloan's appointment to the Board of Directors of the Company (the "Board") was contingent on the OCC's approval of the Bank Bylaw Amendment. At this time, Mr. Sloan has not been appointed to serve on any committee of the Board. As previously reported, Mr. Sloan will also serve on the Bank Board.

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