DOCSLIB.ORG

The Bancorp, Inc. (Exact Name of Registrant As Specified in Its Charter)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Bancorp, Inc. (Exact Name of Registrant As Specified in Its Charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-K _______________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 51018 The Bancorp, Inc. (Exact name of registrant as specified in its charter) Delaware 23-3016517 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 409 Silverside Road, Wilmington, DE 19809 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (302) 385-5000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered TBBK Common Stock, par value $1.00 per share NASDAQ Global Select Securities registered pursuant to Section 12(g) of the Act: Title of class None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(a) of the Act. Yes o No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer o Accelerated filer x Non-accelerated filer o Smaller reporting company o Emerging growth company o 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. o Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No x The aggregate market value of the common shares of the registrant held by non-affiliates of the registrant, based upon the closing price of such shares on June 30, 2020 of $9.80 was approximately $616.1 million. As of March 1, 2021, 57,934,841 shares of common stock, par value $1.00 per share, of the registrant were outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the proxy statement for registrant’s 2021 Annual Meeting of Shareholders are incorporated by reference in Part III of this Form 10-K. THE BANCORP, INC. INDEX TO ANNUAL REPORT ON FORM 10-K Page PART I Forward-looking statements 1 Item 1: Business 3 Item 1A: Risk Factors 25 Item 1B: Unresolved Staff Comments 42 Item 2: Properties 42 Item 3: Legal Proceedings 42 Item 4: Mine Safety Disclosures 43 PART II Item 5: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 43 Item 6: Selected Financial Data 47 Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations 49 Item 7A: Quantitative and Qualitative Disclosures About Market Risk 83 Item 8: Financial Statements and Supplementary Data 84 Item 9: Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 142 Item 9A: Controls and Procedures 143 Item 9B: Other Information 146 PART III Item 10: Directors, Executive Officers and Corporate Governance 146 Item 11: Executive Compensation 146 Item 12: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 146 Item 13: Certain Relationships and Related Transactions, and Director Independence 146 Item 14: Principal Accountant Fees and Services 146 PART IV Item 15: Exhibits and Financial Statement Schedules 147 Item 16: Form 10-K Summary 149 SIGNATURES 150 FORWARD-LOOKING STATEMENTS The Securities and Exchange Commission (“SEC”) encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. This report contains such “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or Exchange Act. Words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes,” “should” and words and terms of similar substance used in connection with any discussion of future operating and financial performance identify forward-looking statements. Unless we have indicated otherwise, or the context otherwise requires, references in this report to “we,” “us,” and “our” or similar terms, are to The Bancorp, Inc. and its subsidiaries. We claim the protection of safe harbor for forward-looking statements provided in the Private Securities Litigation Reform Act of 1995. These statements may be made directly in this report and they may also be incorporated by reference in this report to other documents filed with the SEC, and include, but are not limited to, statements about future financial and operating results and performance, statements about our plans, objectives, expectations and intentions with respect to future operations, products and services, and other statements that are not historical facts. These forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed in these forward-looking statements. The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: the risk factors discussed and identified in Item 1A of this report and in other of our public filings with the SEC; an inconsistent recovery from an extended period of weak economic and slow growth conditions in the U.S. economy, including the impact of the Covid-19 pandemic, have had, and may in the future have, significant adverse effects on our assets and operating results, including increases in payment defaults and other credit risks, decreases in the fair value of some assets and increases in our provision for credit losses; weak economic and credit market conditions may result in a reduction in our capital base, reducing our ability to maintain deposits at current levels; operating costs may increase; adverse governmental or regulatory policies may be promulgated; management and other key personnel may be lost; competition may increase; the costs of our interest-bearing liabilities, principally deposits, may increase relative to the interest received on our interest-bearing assets, principally loans, thereby decreasing our net interest income; loan and investment yields may decrease resulting in a lower net interest margin; possible geographic concentration could result in our loan portfolio being adversely affected by economic factors unique to the geographic area and not reflected in other regions of the country; the market value of real estate that secures certain of our loans, principally commercial real estate loans held at fair value, Small Business Administration loans under the 504 Fixed Asset Financing Program and our discontinued commercial loan portfolio, has been, and may continue to be, adversely affected by recent economic and market conditions, and may be affected by other conditions outside of our control such as lack of demand for real estate of the type securing our loans, natural disasters, changes in neighborhood values, competitive overbuilding, weather, casualty losses, occupancy rates and other similar factors; we must satisfy our regulators with respect to Bank Secrecy Act, Anti-Money Laundering and other regulatory mandates to prevent possible future restrictions on adding customers; 1 the loans from our discontinued operations are now held-for-sale and were marked to fair value based on various internal and external inputs; however, the actual sales price could differ from those third-party fair values. The reinvestment rate for the proceeds of those sales in investment securities depends on future market interest rates; and we may not be able to sustain our historical growth rates in our loan, prepaid and debit card and other lines of business. We caution you not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section.
Load more

Recommended publications
  • Country and City Codes
    We hope this information will be useful to you in your travels! The information is believed to be reliable and up to date as of the time of publication. However, no warranties are made as to its reliability or accuracy. Check with Full Service Network Customer Service or your operator for official information before you travel. Country and City Codes Afghanistan country code: 93 Albania country code: 355 city codes: Durres 52, Elbassan 545, Korce 824, Shkoder 224 Algeria country code: 213 city codes: Adrar 7, Ain Defla 3, Bejaia 5, Guerrar 9 American Samoa country code: 684 city codes: City codes not required. All points 7 digits. Andorra country code: 376 city codes: City codes not required. All points 6 digits. Angola country code: 244 Anguilla country code: 264 Antarctica Casey Base country code: 672 Antarctica Scott Base country code: 672 Antigua (including Barbuda) country code: 268 city codes: City codes not required. * Footnote: You should not dial the 011 prefix when calling this country from North America. Use the country code just like an Area Code in the U.S. Argentina country code: 54 city codes: Azul 281, Bahia Blanca 91, Buenos Aires 11, Chilvilcoy 341, Comodoro Rivadavia 967, Cordoba 51, Corrientes 783, La Plata 21, Las Flores 224, Mar Del Plata 23, Mendoza 61, Merio 220, Moreno 228, Posadas 752, Resistencia 722, Rio Cuarto 586, Rosario 41, San Juan 64, San Rafael 627, Santa Fe 42, Tandil 293, Villa Maria 531 Armenia country code: 374 city codes: City codes not required. Aruba country code: 297 city codes: All points 8 plus 5 digits The Ascension Islands country code: 247 city codes: City codes not required.
    [Show full text]
  • E. I. Dupont De Nemours and Company, Form 10-K for Fiscal Year Ending December 31, 2005
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION 4s$yo> WASHINGTON, D.C. 20549 FORM 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2005 Commission file number 1-815 f( @3~-30“ E. I. DU PONT DE: NEMOURS ,yp3 AND COMPANY (Exact name of registrant as specified in its charter) DELAWARE 51-0014090 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 1007 Market Street Wilmington, Delawari: 19898 (Address of principal executive offices) Registrant’s telephone number, including area code: 302 774-1000 Securities registered pursuant to Section 12(b) of the Act (Each class is registered on the New York. Stock Exchange, Inc.): Title of Each Claiss Common Stock ($.30 par value) Preferred Stock (without par value-cumulative) $4.50 Series $3.50 Series No securities are registered pursuant to Section 12(g) of the Act. - Indicate by check mark whether the registrant is a well-known seasoned issuer (as defined in Rule 405 of the Securities Act). Yes No 0 Indicate by check mark whether the registrant is not reqluired to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes 0 No w Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) (X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1996 OR ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-16668 -------------------------------- WSFS FINANCIAL CORPORATION Delaware 22-2866913 (State or other jurisdiction of (I.R.S. Employer Identification Number) incorporation or organization) 838 Market Street, Wilmington, Delaware 19899 Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (302) 792-6000 -------------------------------------- Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $.01 (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES X NO --- ---- Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • E. I. Du Pont De Nemours and Company
    2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ¥ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2007 n TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-815 E. I. DU PONT DE NEMOURS AND COMPANY (Exact name of registrant as specified in its charter) Delaware 51-0014090 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 1007 Market Street Wilmington, Delaware 19898 (Address of principal executive offices) Registrant’s telephone number, including area code: 302-774-1000 Securities registered pursuant to Section 12(b) of the Act (Each class is registered on the New York Stock Exchange, Inc.): Title of Each Class Common Stock ($.30 par value) Preferred Stock (without par value-cumulative) $4.50 Series $3.50 Series No securities are registered pursuant to Section 12(g) of the Act. Indicate by check mark whether the registrant is a well-known seasoned issuer (as defined in Rule 405 of the Securities Act). Yes ¥ No n Indicate by check mark whether the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes n No ¥ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • And Extent of Assistance. Eligibility Requirements. Available Printed
    fr DOCUMENT RESUME ED 032 483 AC 005 298 ,1 Resources for the Aging: An Action Handbook. Natrona! Council on-the Aging. Inc., New York, N.Y. Spons Agency-Office of Economic Opportunity. Washington, D.C. Report No -0E0 -2468 Pub Date 69 Note-252p.; Second edition, revised. Available from-Superintendent of Documents, U.S. Government Printing Office. Washington. D.C. 20402 (1969 0-354 -855). EDRS Price MF -$1.00 HC Not Available from EDRS. Descriptors -Bibliographies. CivilRights. Consumer Education, Disadvantaged Groups. Employment, *Federal Programs,FinancialSupport.*FoundationPrograms.HealthServices.Housing.Manuals.*National Organizations. *Older Adults. Resource Guides. Rural Areas, Veterans Education. Voluntary Agencies This handbook on resources for the aging lists nationwide. federally sponsored programs. national voluntary agencies and associations, and foundations; it includes information on the nature and purpose of the program, types of projects sponsored, and extent of assistance.eligibilityrequirements. available printed information, sources of further information, and notes suggesting use of agency or program. Categoriesof programs orservicesinclude:civilrights; consumer education; employment, training, and rehabilitation;financial assistance; food and clothing; general education and recreation; health services; housing; national associations; nursing care; planning, facilities. and staffing; programs for rural areas and small towns; program for specific areas or special groups; small business loans; trusts and foundations;
    [Show full text]
  • E. I. Du Pont De Nemours and Company
    2006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Mark One ≤ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2006 n TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-815 E. I. DU PONT DE NEMOURS AND COMPANY (Exact name of registrant as specified in its charter) DELAWARE 51-0014090 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 1007 Market Street Wilmington, Delaware 19898 (Address of principal executive offices) Registrant’s telephone number, including area code: 302 774-1000 Securities registered pursuant to Section 12(b) of the Act (Each class is registered on the New York Stock Exchange, Inc.): Title of Each Class Common Stock ($.30 par value) Preferred Stock (without par value-cumulative) $4.50 Series $3.50 Series No securities are registered pursuant to Section 12(g) of the Act. Indicate by check mark whether the registrant is a well-known seasoned issuer (as defined in Rule 405 of the Securities Act). Yes ≤ No n Indicate by check mark whether the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes n No ≤ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • 14195NCJRS.Pdf
    If you have issues viewing or accessing this file contact us at NCJRS.gov. !))l' -., •• This microfiche wu produced from documents received for DIRECTORY OF U~ITED STATES PROBATION OFFICERS inclusion in the NCJRS data base. Since NCJRS cannot -exercise Federal Penal and Correctional Institutions control over the physic~ll condition of the documents submitted, • the individual f~ame quality. will .vary. The resolution chart on and this frame may U. S. Disciplinary Barracks • Ii !I - l I • I 1.1 -- .. 14 IIIII 1.25 11111 . 111111,6_ • I June 1974 I • I rvllCROCOPY RESOLUTION TEST CHART I NATIONAL BUREAU OF STANDARDS-J963-A • Microfilminl procedures usd to' create this fic~e comply with the standards set forth in 41CFR 101·11.504 • Points of view or opinions stated in this document are those of the authorl sl and do not represent the official t.O . position or policies of the U.S. Department of Justic~. • 0- U.S. DEPARTMENT OF JUSTICE Probation Division LAW ENFORCEMENT ASSISTANCE 'ADMINISTRATION .:;r Stat(~s Administrative Office of the United Courts e' •• Supreme Court Building NATIONAL CRIMINAL JUSTICE REFERENCE SERVICE • Washington, D. C. 20544 WASHINGTON, D.C. 20531 4 r-~--' . ! I. 0 LD ate . f i i_~m~~i!t J 8/26/75 1 ADNINISTRATIVE OFFICE OF THE UNITED STATES COURTS OFFICES AND ADDRESS AND HOME DISTRIC,!L TELEPHONE Rilllli§ Supreme Court Bui1ding,Washington, D. C. 20544 . ., .,. l' •• •• ALABAMA NORTHERN Rowland F. Kirks Director j William E. Foley Deputy Director [ ~M. Foster Jordan (Chief) Birmingham 35203 822-5811 Joseph F. Spaniol, Jr. Executive Assistant to j the Director John W.
    [Show full text]
  • WSFS FINANCIAL CORPORATION (Exact Name of Registrant As Specified in Its Charter)
    FORM 10-K (Mark One) (X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 OR ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _______ Commission file number 0-16668 WSFS FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 22-2866913 (State or other Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or Organization) 500 Delaware Avenue, Wilmington, Delaware 19801 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: (302) 792-6000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, $0.01 par value The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. YES ___ NO X Indicate by check if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. YES __NO X Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • WSFS Financial Annual Report 2021
    WSFS Financial Annual Report 2021 Form 10-K (NASDAQ:WSFS) Published: March 1st, 2021 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35638 WSFS FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 22-2866913 (State or other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 500 Delaware Avenue, Wilmington, Delaware 19801 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: (302) 792-6000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.01 par value WSFS Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. Y es x No ☐ Indicate by check if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ☐ N o x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • WSFS Financial Corporation (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 26, 2018 Date of Report (Date of earliest event reported) WSFS Financial Corporation (Exact name of registrant as specified in its charter) Delaware 001-35638 22-2866913 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 500 Delaware Avenue, Wilmington, Delaware 19801 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (302) 792-6000 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: ☐ Written communications pursuant to Rule 425 under the Securities Act ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act 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 40.12b-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.
    [Show full text]
  • Bath, Kitchen & Tile Supply
    Bath, Kitchen and Tile Supply 26836 Lewes Georgetown Highway · Harbeson, DE 19951 302-684-5691 Phone · 302-684-5690 Fax www.facebook.com/bathkitchenandtile www.bathkitchenandtilesouth.com Table of Contents Federal, State & Local Elected Officials Contact Information ...........2 City of Rehoboth Beach & Town of Dewey Beach Information .........3 Area Phone Numbers ................................................................4-5 Chamber Member Listing by Business Category ........................ 6-64 Chamber Publications, Services, Website Information .............. 64-65 Chamber Member Listings Alphabetically ...............................66-95 Chamber Membership, Recognition, Awards & Location Info ... 96-98 © 2011 Rehoboth Beach-Dewey Beach Chamber of Commerce & Visitors Center The Member Directory can be viewed online at www.Beach-Fun.com/Membership-Directory or use your smart phone and scan the QR code! Chairman of the Board & Directors Matt Turlinski Lighthouse Inn Bed & Breakfast Photos By PortraitsInTheSand.com Board of Directors - Front Row from Left to Right: Jay Becker, Ann Watkins, Marvin Carney, Wendy O. Baker, Chip Hearn, Chris Weeks, Carol Everhart, Bill Klemkowski, Paul Kuhns & Scott Swingle. Back Row from Left to Right: Dale Lomas, Matt Turlinski & Keith Martin. Not Pictured: Jerry Esposito, Kyle Morgan, Rob Marshall, Michael Meoli, Rachel Webster, Kay Wheatley & Susan Townley-Wood. www.beach-fun.com • member hotline 302-227-6446 • fax 302-227-8351 1 Federal, State & County Elected Officials As of September 2011 Federal Elected Officials Senator Thomas R. Carper (D) - Sussex County, 302-856-7690 Senator Christopher A. Coons (D) - Sussex County, 302-424-8090 U.S. Rep John C. Carney (D) - Sussex & Kent County, 877-899-7872 State Elected Officials Governor Jack Markell (D) - 302-744-4101, [email protected] Lt.
    [Show full text]
  • WSFS Financial Corporation (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 27, 2018 Date of Report (Date of earliest event reported) WSFS Financial Corporation (Exact name of registrant as specified in its charter) Delaware 001-35638 22-2866913 (State or other jurisdiction (SEC Commission (IRS Employer of incorporation) File Number) Identification Number) 500 Delaware Avenue, Wilmington, Delaware 19801 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (302) 792-6000 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: ☐ Written communications pursuant to Rule 425 under the Securities Act ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act WSFS FINANCIAL CORPORATION INFORMATION TO BE INCLUDED IN THE REPORT Item 2.02 Results of Operation and Financial Condition and Item 7.01 Regulation FD Disclosures On February 27, 2018, the Registrant (WSFS or the Company) announced that it had entered into a settlement agreement with Universitas Education, LLC (Universitas), to resolve claims related to services provided by Christiana Bank & Trust Company (Christiana Trust) prior to WSFS’ acquisition of Christiana Trust in December 2010. WSFS previously disclosed this matter in its quarterly filings on Form 10-Q in 2017.
    [Show full text]