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
June 21, 2007
Date of Report (Date of earliest event reported)
Heritage Bankshares, Inc.
(Exact name of registrant as specified in its charter)
| | | | |
| Virginia | | 0-11255 | | 54-1234322 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
200 East Plume Street, Norfolk, Virginia 23510
(Address of principal executive offices, including zip code)
757-648-1600
(Registrant’s telephone number, including area code)
(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)) |
| Item 7.01. | REGULATION FD DISCLOSURE |
At its 2007 Annual Meeting of Shareholders on June 21, 2007, Heritage Bankshares, Inc. (“Heritage”) reported to shareholders and other individuals in attendance the following information regarding its financial condition, based on a comparison of average balances from the second quarter-to-date of 2007 through June 17, 2007 to average balances from the second quarter of 2006:
| | • | | noninterest-bearing deposits have increased by 18.3%, from $42.3 million to $50.1 million; |
| | • | | total core deposits have increased by 21.2%, from $106.3 million to $128.8 million; |
| | • | | total deposits have grown by 4.6%, from $175.3 million to $183.5 million. |
The information furnished pursuant to this Item 7.01 of this Form 8-K shall not be treated as “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. This current report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by Regulation FD.
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 hereunto duly authorized.
| | |
| | Heritage Bankshares, Inc. |
| | (Registrant) |
| |
| Date: June 21, 2007 | | |
| |
| | /s/ Michael S. Ives |
| | Michael S. Ives |
| | Chief Executive Officer |
