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 13, 2021
PRIME MERIDIAN HOLDING COMPANY
(Exact name of registrant as specified in its charter)
Florida | | 333-191801 | | 27-2980805 |
(State or other jurisdiction of incorporation) | | (Commission file number) | | (IRS employer identification no.) |
| | | |
1471 Timberlane Road, Tallahassee, FL | | 32312 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (850) 907-2300
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):
☐ | 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)) |
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 Exchange Act of 1933 (§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. ☐
Securities Registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of exchange on which registered |
| None | N/A | N/A |
Item 2.02. | Results of Operations and Financial Condition. |
On April 13, 2021, Prime Meridian Holding Company issued a statement that its asset size has increased to $729.0 million as of April 12, 2021. Part of this growth resulted from the second round of Paycheck Protection Program ("PPP") loans. As of April 12, 2021, the Company has submitted 434 applications to the Small Business Administration ("SBA") for a dollar amount of $44.5 million. Of this amount, 414 loans, for a dollar amount of $43.9 million, have been approved and funded. Additionally, 310 Round One PPP loans, or $31.7 million, have been forgiven year-to-date through April 12, 2021.
The information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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 hereunto duly authorized.
| | | | |
| | PRIME MERIDIAN HOLDING COMPANY |
| | | |
| | By: | | /s/ Clint F. Weber |
| | | | Clint F. Weber |
| | | | Chief Financial Officer and Executive Vice President |
Date: April 13, 2021
