- Current report filing (8-K)
02 March 2010 - 1:00AM
Edgar (US Regulatory)
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): February 26, 2010
Beach First National Bancshares,
Inc.
(Exact name of registrant as
specified in its charter)
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South Carolina
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000-22503
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57-1030117
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(State or other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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3751 Robert M. Grissom
Parkway, Suite 100,
Myrtle Beach, South Carolina
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29577
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number,
including area code:
(843) 626-2265
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(Former name or former address if changed since last report.)
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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:
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))
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Item 5.02 (a)(b) Departure of
Director and Officer.
On February 26, 2010, Walter E.
Standish, III resigned from his position as President and Director of Beach
First National Bancshares, Inc. (the “Company”) and its wholly
owned subsidiary, Beach First National Bank (the “Bank”). His
resignation as President was effective at the end of the term of his current
employment agreement at 12:01AM on March 1, 2010. The agreement was dated
December 15, 2008, and filed on March 31, 2009 with the SEC as
Exhibit 10.11 to the Company’s Annual Report on Form 10-K. His
resignation as a director was effective upon receipt by the Company. Mr.
Standish’s decision to resign from the Board of Directors did not arise
or result from any disagreement with the Company on any matters relating to the
Company’s operations, policies or practices.
As previously disclosed, John S.
Poelker will continue to serve as Interim Chief Executive Officer of the Bank.
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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.
BEACH FIRST
NATIONAL BANCSHARES, INC.
By:
/
s/
Gary S.
Austin
Name:
Gary S. Austin
Title: Chief Financial Officer
Dated: March 1, 2010
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