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EVBS > SEC Filings for EVBS > Form 8-K on 22-May-2014All Recent SEC Filings

Show all filings for EASTERN VIRGINIA BANKSHARES INC

Form 8-K for EASTERN VIRGINIA BANKSHARES INC


22-May-2014

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events

On May 22, 2014, Eastern Virginia Bankshares, Inc. (the "Company") issued a press release (the "Press Release") announcing the Company's plans to repay up to $15 million of the Company's Series A fixed rate cumulative perpetual preferred stock, liquidation value $1,000 per share (the "Series A Preferred Stock"), that the Company initially issued to the U.S. Department of the Treasury through the Troubled Asset Relief Program Capital Purchase Program. The Press Release also announced the Company's plans to pay $4.1 million of previously accumulated but unpaid dividends to holders of the Series A Preferred Stock, and pay $1.1 million of previously accrued but deferred interest on the Company's trust preferred securities.

A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

99.1 Press release dated May 22, 2014.

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