ECBK 8-K
ECB Bancorp, Inc. /MD/ (ECBK)
8-K
2023-04-12
For: 2023-04-12
View Original
Added on
April 08, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 12, 2023
(Exact Name of Registrant as Specified in Its Charter)
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices) (Zip Code)
(617 ) 387-1110
(Registrant’s telephone number, including area code)
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:
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule
12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 12, 2023, ECB Bancorp, Inc. (the “Company”) issued a press release announcing that its wholly owned subsidiary, Everett
Co-operative Bank, is filing an application to establish a new branch office located at 331 Montvale Avenue, Woburn, Massachusetts. The new branch office is expected to open in September 2023. A copy of the press release is attached as Exhibit 99.1
to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Number Description
| 99.1 |
Press Release dated April 12, 2023
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| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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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.
| ECB BANCORP, INC. | |||
| Date: April 12, 2023 | By: |
/s/ Richard J. O’Neil, Jr. | |
| Richard J. O’Neil, Jr. | |||
| President and Chief Executive Officer |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: Richard J. O’Neil, Jr.
President and Chief Executive Officer
Telephone: (617) 387-1110
ECB Bancorp, Inc. and Everett Co-operative Bank Announce Plan
to Open Full-Service Branch Office in Woburn, Massachusetts
EVERETT, MASSACHUSETTS, April 12, 2023 – ECB
Bancorp, Inc. (NASDAQ: ECBK), the holding company for Everett Co-operative Bank (the “Bank”), announced today that the Bank is planning to open a full-service branch office at 331 Montvale Avenue, Woburn, Massachusetts. The branch office is expected
to open in September 2023.
“We are excited to expand our existing franchise as we continue to grow and implement our business plan following our mutual to stock conversion and
initial public offering which were consummated in July 2022,” said President and Chief Executive Officer Richard O’Neil. “Customers will be able to conduct all of their banking business, from opening new accounts to applying for loans, at our new
location.” The branch will bring the total number of Everett Co-operative Bank offices to three.
About ECB Bancorp, Inc. and Everett Co-operative Bank
ECB Bancorp, Inc. (the “Company”) is the registered bank holding company for Everett Co-operative Bank. Everett Co-operative Bank, originally chartered in
1890, is an FDIC-insured, Massachusetts cooperative stock bank with approximately $1.064 billion of assets as of December 31, 2022. The Bank offers a wide range of financial services through its two banking offices located in Everett and Lynnfield,
Massachusetts. For more information about Everett Co-operative Bank and ECB Bancorp, Inc. please visit our website at www.everettbank.com
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, or the Reform Act, which may
include, but are not limited to, statements regarding the Company’s estimates, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words
such as “believe,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions. All statements addressing the Bank’s expectation to open its new branch office are forward-looking statements within the meaning of the
Reform Act. The forward-looking statements are based on management’s current views and assumptions regarding future events and operating performance, and are inherently subject to significant uncertainties and contingencies and changes in
circumstances, many of which are beyond the Company’s control. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not
undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.