Byline Bancorp Files 8-K

TL;DR

BYLN filed an 8-K on 9/30, standard disclosure, check for details.

AI Summary

Byline Bancorp, Inc. filed an 8-K on October 1, 2024, reporting events as of September 30, 2024. The filing primarily serves as a notification of information under Regulation FD and includes financial statements and exhibits. No specific material events or financial figures beyond the reporting date are detailed in the provided text.

Why It Matters

This 8-K filing indicates Byline Bancorp, Inc. is providing required disclosures to the SEC, which may contain updates on financial performance or significant corporate events.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing notification and does not contain specific financial or operational details that would indicate a change in risk.

Key Players & Entities

• BYLINE BANCORP, INC. (company) — Registrant
• 001-38139 (company) — SEC File Number
• 36-3012593 (company) — I.R.S. Employer Identification No.
• 180 North LaSalle Street , Suite 300 (company) — Principal Executive Offices Address
• Chicago (company) — City
• Illinois (company) — State
• 60601 (company) — Zip Code
• 773-244-7000 (company) — Registrant's Telephone Number

FAQ

Filing Documents

• by-20240930.htm (8-K) — 63KB
• by-ex99_1.htm (EX-99.1) — 32KB
• by-ex99_2.htm (EX-99.2) — 12KB
• by-ex99_2.pdf (EX-99.2) — 721KB
• img195841198_0.jpg (GRAPHIC) — 175KB
• img195841198_1.jpg (GRAPHIC) — 23KB
• by-ex99_2s1.jpg (GRAPHIC) — 216KB
• by-ex99_2s2.jpg (GRAPHIC) — 728KB
• by-ex99_2s3.jpg (GRAPHIC) — 930KB
• by-ex99_2s4.jpg (GRAPHIC) — 445KB
• by-ex99_2s5.jpg (GRAPHIC) — 348KB
• by-ex99_2s6.jpg (GRAPHIC) — 411KB
• by-ex99_2s7.jpg (GRAPHIC) — 309KB
• 0000950170-24-110474.txt ( ) — 6138KB
• by-20240930.xsd (EX-101.SCH) — 31KB
• by-20240930_htm.xml (XML) — 5KB

01

Item 7.01. Regulation FD Disclosure. On September 30, 2024, Byline Bancorp, Inc., a Delaware corporation (" Byline "), issued a press release announcing the execution of an Agreement and Plan of Merger in connection with its proposed acquisition of First Security Bancorp, Inc., a Delaware corporation (" First Security Bancorp "), and First Security Bancorp's wholly owned bank subsidiary, First Security Trust and Savings Bank, an Illinois chartered bank. Byline has also provided supplemental information regarding the proposed transaction. A copy of the press release is attached to this report as Exhibit 99.1 and a copy of the supplemental materials is attached as Exhibit 99.2, both of which are incorporated herein by reference. The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1 and Exhibit 99.2 hereto) is being furnished and shall not be deemed "filed" under the Securities Exchange Act of 1934, as amended (the " Exchange Act "), nor shall it be incorporated by reference into future filings by Byline under the Securities Act of 1933, as amended (the " Securities Act "), or under the Exchange Act, except as expressly set forth by specific reference in such a filing. The furnishing of information pursuant to this Item 7.01 will not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely by Regulation FD.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated September 30, 2024 99.2 Investor Presentation dated September 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Important Additional Information and Where to Find It This communication is being made in respect of the proposed merger transaction involving Byline and First Security Bancorp. Byline intends to file a registration statement on Form S-4 with the SEC, which will include a proxy statement of First Security Bancorp and a prospectus of Byline, and Byline will file other documents regarding the proposed transaction with the SEC. A definitive proxy statement/prospectus will also be sent to First Security Bancorp stockholders seeking the required stockholder approval of the proposed transaction. Before making any voting or investment decision, investors and security holders of First Security Bancorp are urged to carefully read the entire registration statement and proxy statement/prospectus, when they become available, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. The documents filed by Byline with the SEC may be obtained free of charge at the SEC's website at www.sec.gov. In addition, the documents filed by Byline may be obtained free of charge at its website at http://www.bylinebancorp.com/Docs. Alternatively, these documents, when available, can be obtained free of charge from Byline upon written request to Byline Bancorp, Inc., Attn: Brooks Rennie, Head of Investor Relations, 180 North LaSalle Street, 3rd Floor, Chicago, Illinois 60601, or by calling (773) 244-7000. Information regarding the interests of certain of First Security Bancorp's directors and executive officers and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the registration state

Forward-Looking Statements

Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements about Byline's expectations, beliefs, plans, strategies, predictions, forecasts, objectives or assumptions of future events or performance are not historical facts and may be forward-looking. These statements include, but are not limited to, the expected completion date, financial benefits and other effects of the proposed merger of Byline and First Security Bancorp. These statements are often, but not always, made through the use of words or phrases such as "anticipates," "believes," "expects," "can," "could," "may," "predicts," "potential," "opportunity," "should," "will," "estimate," "plans," "projects," "continuing," "ongoing," "expects," "seeks," "intends" and similar words or phrases. Accordingly, these statements involve estimates, known and unknown risks, assumptions and uncertainties that could cause actual strategies, actions or results to differ materially from those expressed in them, and are not guarantees of timing, future results or other events or performance. Because forward-looking statements are necessarily only estimates of future strategies, actions or results, based on management's current expectations, assumptions and estimates on the date hereof, and there can be no assurance that actual strategies, actions or results will not differ materially from expectations, readers are cautioned not to place undue reliance on such statements. Factors that may cause such a difference include, but are not limited to, the reaction to the transaction of the companies' customers, employees and counterparties; customer disintermediation; inflation; expected synergies, cost savings and other financial benefits of the proposed transaction might not be realized within the expected timeframes or might be less than projected; the requisite stockholder and regulatory 2 approvals

View Full Filing

View this 8-K filing on SEC EDGAR