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):January 27, 2014
| Citizens Independent Bancorp, Inc. |
| (Exact name of registrant as specified in its charter) |
| Ohio | 333-191004 | 31-1441050 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
188 West Main Street Logan, Ohio 43138 (740) 385-8561 |
| (Address of principal executive offices) (Zip Code) |
Registrant’s telephone number, including area code:(740) 385-8561
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):
¨ 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))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
| (d) | Election of Directors |
On January 27, 2014, pursuant to Citizens Independent Bancorp, Inc.’s (the “Company”) Amended and Restated Regulations, the Board appointed Corby Leach as director to fill the vacancy on the Board of Directors of the Company and its wholly-owned subsidiary, The Citizens Bank of Logan (the “Bank”). Mr. Leach has been appointed to serve on the Audit Committee and the ALCO (Assets and Liabilities) Committee. Mr. Leach will receive $12,000 per year in cash for his service as director of the Bank, consistent with prior practice.
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.
| CITIZENS INDEPENDENT BANCORP, INC. | ||
| Date: January 31, 2014 | ||
| By: | /s/ Ronald R. Reed | |
| Ronald R. Reed | ||
| President and Chief Executive Officer | ||