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
0;
| Date of report (Date of earliest event reported) | March 25, 2010 |
| First Security Group, Inc. |
| (Exact Name of Registrant as Specified in Its Charter) |
| Tennessee |
| (State or Other Jurisdiction of Incorporation) |
| 000-549747 | | 58-2461486 |
| (Commission File Number) | | (IRS Employer Identification No.) |
| 531 Broad Street, Chattanooga, Tennessee | | 37402 |
| (Address of Principal Executive Offices) | | (Zip Code) |
0;
| (423) 266-2000 |
| (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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| Item 5.02. | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. |
On March 25, 2010, the Company received a letter of resignation from Director J.C. Harold Anders. Mr. Anders cited his professional time constraints and his need to dedicate additional time to his various business interests and to personal matters, including spending more time with his family. Mr. Anders noted that he had no disagreements with First Security’s operations, policies or practices. A copy of Mr. Anders’s resignation letter is attached as Exhibit 99.1.
The Board thanks Mr. Anders for his service to the Company.
No successor to Mr. Anders has been elected at this time, although the Company currently anticipates filling the vacancy on the Board of Directors caused by Mr. Anders’s resignation in the future. The Company’s Compensation and Nominating Committees will be conducting a search for potential new directors. The Company’s Board of Directors has also appointed Director Ray Marler to serve on the Company’s Audit/Corporate Governance Committee, which Director Anders previously served on.
| Item 9.01. | Financial Statements and Exhibits. |
| | Exhibits. The following exhibits are being furnished with this Report: |
Exhibit No. | | Exhibit Description |
| | | |
| 99.1 | | Resignation Letter of J.C. Harold Anders, dated March 25, 2010 |
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 thereunto duly authorized.
| | FIRST SECURITY GROUP, INC. | |
| | | | | |
| Dated: March 30, 2010 | By: | /s/ William L. Lusk, Jr. | | |
| | Name: | William L. Lusk, Jr. | | |
| | Title: | Chief Financial Officer | | |
