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PFS > SEC Filings for PFS > Form 8-K on 21-Apr-2014All Recent SEC Filings

Show all filings for PROVIDENT FINANCIAL SERVICES INC

Form 8-K for PROVIDENT FINANCIAL SERVICES INC


21-Apr-2014

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On April 21, 2014, Provident Financial Services, Inc. and Team Capital Bank issued a joint press release announcing that approvals were received from the Federal Deposit Insurance Corporation, the


New Jersey Department of Banking and Insurance, and the Pennsylvania Department of Banking and Securities to complete the merger of Team Capital Bank with and into Provident's bank subsidiary, The Provident Bank. The Federal Reserve Board has advised that the merger does not require its approval. The merger remains subject to the approval of Team Capital Bank's stockholders at a special meeting to be held on May 23, 2014. Assuming receipt of stockholder approval, it is anticipated that the transaction will be consummated at the end of May.

A copy of the joint press release dated April 21, 2014 is attached hereto as Exhibit 99.1.

Forward Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition to those risk factors listed in the Company's Annual Report on Form 10-K, the following factors could cause the actual results of the Company's operations to differ materially from the Company's expectations: the businesses of the Company and Team Capital may not be combined successfully, or such combination may take longer to accomplish than expected; the cost savings from the merger may not be fully realized or may take longer to realize than expected; operating costs, customer loss and business disruption following the merger, including adverse effects on relationships with employees, may be greater than expected; or the stockholders of Team Capital may fail to approve the merger.



Item 9.01. Financial Statements and Exhibits

(a) Financial statements of businesses acquired. Not Applicable.

(b) Pro forma financial information. Not Applicable.

(c) Shell company transactions: Not Applicable.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release dated April 21, 2014


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