Civista Bancshares Files 8-K

TL;DR

Civista Bancshares (CIVB) filed an 8-K on 4/18 for events on 4/16.

AI Summary

Civista Bancshares, Inc. filed an 8-K on April 18, 2024, reporting on other events and financial statements. The filing date indicates events occurred on or around April 16, 2024. The company, formerly known as First Citizens Banc Corp, is incorporated in Ohio and headquartered in Sandusky.

Why It Matters

This filing provides official updates and financial information from Civista Bancshares, Inc. to the public and investors.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (8-K) that typically reports on corporate events or financial updates, not indicating immediate significant risk.

Key Numbers

• 001-36192 — SEC File Number (Identifies the company's filing with the SEC)
• 34-1558688 — IRS Employer Identification No. (Company's tax identification number)

Key Players & Entities

• CIVISTA BANCSHARES, INC. (company) — Registrant
• FIRST CITIZENS BANC CORP (company) — Former company name
• Sandusky, Ohio (location) — Company headquarters

FAQ

Key Financial Figures

• $13,500,000 — hirteen million, five hundred thousand ($13,500,000) at such prices that management shall d
• $3.9 billion — rpose. Civista Bancshares, Inc., is a $3.9 billion financial holding company headquartered

Filing Documents

• d816814d8k.htm (8-K) — 22KB
• d816814dex991.htm (EX-99.1) — 7KB
• g816814g0418102552987.jpg (GRAPHIC) — 5KB
• 0001193125-24-100769.txt ( ) — 159KB
• civb-20240416.xsd (EX-101.SCH) — 3KB
• civb-20240416_lab.xml (EX-101.LAB) — 18KB
• civb-20240416_pre.xml (EX-101.PRE) — 11KB
• d816814d8k_htm.xml (XML) — 4KB

From the Filing

8-K 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 Date of Report (Date of earliest event reported) April 16, 2024 Civista Bancshares, Inc. (Exact name of Registrant as specified in its charter) Ohio 001-36192 34-1558688 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS Employer Identification No.) 100 East Water Street , P.O. Box 5016 , Sandusky , Ohio 44870 (Address of principle executive offices) Registrant's telephone number, including area code: (419) 625-4121 N/A (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 (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)) Title of each class Trading Symbol(s) Name of each exchange on which registered Common CIVB NASDAQ Capital Market 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 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. Item8.01. Other Events. On April 16, the Board of Directors of Civista Bancshares, Inc., Sandusky, Ohio approved the initiation of a stock repurchase program of a maximum aggregate value of thirteen million, five hundred thousand ($13,500,000) at such prices that management shall determine to be advantageous to Civista. The stock repurchase program will become effective on May 2, 2024 upon the lifting of our quarterly blackout period. A copy of the news release is included as exhibit 99.1 to this report and is being furnished to the SEC and shall not be deemed "filed" for any purpose. Civista Bancshares, Inc., is a $3.9 billion financial holding company headquartered in Sandusky, Ohio. Its primary subsidiary, Civista Bank, was founded in 1884 and provides full-service banking, commercial lending, mortgage, and wealth management services. Today, Civista Bank operates 43 locations across Ohio, Southeastern Indiana and Northern Kentucky. Civista Leasing & Finance, a division of Civista Bank, offers commercial equipment leasing services for businesses nationwide. Civista Bancshares' common shares are traded on the NASDAQ Capital Market under the symbol "CIVB". Learn more at www.civb.com . Item9.01 Financial Statements and Exhibits (d) Exhibit 99.1 Press release announcing Share Repurchase Program dated April 18, 2024 Exhibit 104Cover Page Interactive File-the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. SIGNATURE 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 thereunto duly authorized. Civista Bancshares, Inc. (Registrant) Date: April 18, 2024 /s/ Todd A. Michel Todd A. Michel, Senior Vice President and Controller

View Full Filing

View this 8-K filing on SEC EDGAR