Muncy Columbia Financial Files 8-K
Ticker: CCFN · Form: 8-K · Filed: Dec 11, 2024 · CIK: 731122
Sentiment: neutral
Topics: corporate-governance, financial-reporting
TL;DR
Muncy Columbia Financial filed an 8-K on 12/10/24 for corporate updates and financials.
AI Summary
Muncy Columbia Financial Corporation filed an 8-K on December 10, 2024, reporting amendments to its articles of incorporation or bylaws and financial statements. The company, incorporated in Pennsylvania, is a commercial bank with its principal executive offices located at 232 East Street, Bloomsburg, PA.
Why It Matters
This filing indicates corporate changes and the submission of financial statements, which are important for investors to understand the company's current status and financial health.
Risk Assessment
Risk Level: low — This is a routine filing of corporate and financial information, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 000-19028 — SEC File Number (Identifies the company's filing with the SEC.)
- 23-2254643 — IRS Employer Identification Number (Company's tax identification number.)
Key Players & Entities
- MUNCY COLUMBIA FINANCIAL Corp (company) — Registrant
- Pennsylvania (location) — State of incorporation
- 232 East Street, Bloomsburg, Pennsylvania 17815 (location) — Principal executive offices
- CCFNB BANCORP INC (company) — Former company name
FAQ
What specific amendments were made to the articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the summary information.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported is December 10, 2024.
What is the primary business of Muncy Columbia Financial Corporation?
Muncy Columbia Financial Corporation is classified under 'STATE COMMERCIAL BANKS' (SIC code 6022).
What was the former name of Muncy Columbia Financial Corporation?
The former name of the company was CCFNB BANCORP INC.
What is the fiscal year end for Muncy Columbia Financial Corporation?
The fiscal year end for the company is December 31.
Filing Stats: 1,037 words · 4 min read · ~3 pages · Grade level 14.6 · Accepted 2024-12-11 13:28:32
Key Financial Figures
- $100,000 — President and Chief Financial Officer* $100,000 Senior Executive Vice President $150
- $150,000 — ,000 Senior Executive Vice President $150,000 Director, President and Chief Executi
- $200,000 — President and Chief Executive Officer $200,000 *If not otherwise a Senior Executive
Filing Documents
- muncy-8k_121024.htm (8-K) — 26KB
- ex3-2.htm (EX-3.2) — 70KB
- 0001839882-24-044740.txt ( ) — 277KB
- none-20241210.xsd (EX-101.SCH) — 3KB
- none-20241210_lab.xml (EX-101.LAB) — 33KB
- none-20241210_pre.xml (EX-101.PRE) — 22KB
- muncy-8k_121024_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws;
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year On December 10, 2024, the board of directors of Muncy Columbia Financial Corporation (the "Company") amended the Company's bylaws by amending Section 10.2 to provide that directors of the Company or any direct or indirect subsidiary of the Company must "beneficially own," within the meaning of Securities and Exchange Commission Rule 13d-3, the minimum amount of shares of the Company's common stock established by the board of directors by resolution, rather than owning such shares "in his or her own name or jointly with his or her spouse," and by adding a new Section 16.4 providing that the board of directors may establish by resolution a minimum amount of shares of the Company's common stock that designated officers of the Company or any direct or indirect subsidiary of the Company must "beneficially own" within the meaning of Securities and Exchange Commission Rule 13d-3. A copy of the Amended and Restated By-laws of the Company, as amended, are attached to this report as Exhibit 3.2 and incorporated herein by reference. Also on December 10, 2024, the board of directors of the Company, acting pursuant to the authority of the aforesaid bylaws amendments, established a new Share Ownership Policy requiring the following officers and the directors of the Company and its wholly-owned subsidiary, Journey Bank, to beneficially own, within the meaning of Securities and Exchange Commission Rule 13d-3, the indicated amounts of shares of the Company's common stock, based upon the closing price for shares of the Company's common stock as reported by the market on which the Company's common stock is quoted or listed on the applicable December 31 compliance date: Executive Vice President and Chief Financial Officer* $100,000 Senior Executive Vice President $150,000 Director, President and Chief Executive Officer $200,000 *If not otherwise a Senior Executive Vice President December
01 Financial Statements
Item 9.01 Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. The following exhibits are furnished with this report on Form 8-K: Exhibit Number Description 3.2 Amended and Restated By-laws, as amended 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
SIGNATURES
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. MUNCY COLUMBIA FINANCIAL CORPORATION Dated: December 11, 2024 By: /s/ Joseph K. O'Neill, Jr. Joseph K. O'Neill, Jr. Executive Vice President and Chief Financial Officer