8-K - BHB - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OFTHE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 22, 2021

BAR HARBOR BANKSHARES

(Exact Name of Registrant as Specified in its Charter)


Maine	001-13349	01-0393663
(State or Other Jurisdiction)<br>of Incorporation)	(Commission File No.)	(I.R.S. Employer<br>Identification No.)

PO Box 400		04609-0400
82 Main Street		(Zip Code)
Bar Harbor, Maine
(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (207) 288-3314

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $2.00 per share	BHB	NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On April 22, 2021, Bar Harbor Bankshares announced that the company’s Board of Directors declared a quarterly cash dividend of $0.24 per share to shareholders of record at the close of business on May 18, 2021 and payable on June 18, 2021. A copy of the press release is filed hereto as Exhibit 99.1

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.


Exhibit No.	****	Description

99.1<br><br>104		Press Release dated April 22, 2021<br><br>Cover Page Interactive Data File (embedded within the inline XBRL document)<br><br>

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


	Bar Harbor Bankshares

April 22, 2021	By:	/s/ Curtis C. Simard
		Curtis C. Simard
		President and CEO

Exhibit 99.1

Bar Harbor Bankshares Declares 9% Increase to Quarterly Cash Dividend

BAR HARBOR, MAINE – April 22, 2021 -- Bar Harbor Bankshares (NYSE American: BHBor the “Company”), announced that its Board of Directors voted at its April 20, 2021 meeting, to increase the quarterly cash dividend by $0.02 per share, or 9%, to $0.24 per share, and declared a dividend of $0.24 to shareholders of record at the close of business May 18, 2021, payable on June 18, 2021. The dividend equates to a 3.26% annualized yield based on a $29.42 closing price of the Company’s common stock at the end of the first quarter 2021.

Bar Harbor Bankshares is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Founded in 1887, Bar Harbor Bank & Trust is a true community bank serving the financial needs of its clients for over 130 years. Bar Harbor provides full service community banking with office locations in all three Northern New England states of Maine, New Hampshire, and Vermont. For more information, visit www.barharbor.bank.

Contact

Bar Harbor Bankshares

Josephine Iannelli

EVP, Chief Financial Officer & Treasurer

(207) 288-3314 A