Current Report Filing (8-k)
February 25 2015 - 4:15PM
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
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Date of Report (Date of Earliest Event Reported):
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February 25, 2015
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Financial Institutions, Inc.
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(Exact name of registrant as specified in its charter)
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New York
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0-26481
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16-0816610
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(State or other jurisdiction
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_____________
(Commission
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______________
(I.R.S. Employer
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of incorporation)
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File Number)
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Identification No.)
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220 Liberty Street, Warsaw, New York
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14569
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code:
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585-786-1100
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Not Applicable
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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:
[ ] 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 8.01 Other Events.
On February 25, 2015, Financial Institutions, Inc. issued a press release announcing the declaration of a cash dividend of $0.20 per common share. The Company also announced dividends of $0.75 per share on Series A 3% Preferred Stock and $2.12 per share on Series B-1 8.48% Preferred Stock. All dividends are payable April 2, 2015 to shareholders of record as of March 12, 2015.
The Company also announced that its 2015 Annual Meeting of Shareholders will be held at the Woodcliff Hotel & Spa, 199 Woodcliff Drive, Fairport, New York 14450 on Wednesday, May 6, 2015, at 10:00 a.m. The record date for the Annual Meeting is March 12, 2015.
A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release issued by Financial Institutions, Inc. on February 25, 2015
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.
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Financial Institutions, Inc.
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February 25, 2015
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By:
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/s/ Kevin B. Klotzbach
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Name: Kevin B. Klotzbach
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Title: Executive Vice President, Chief Financial Officer and Treasurer
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Exhibit Index
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Exhibit No.
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Description
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99.1
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Press Release issued by Financial Institutions, Inc. on February 25, 2015
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NEWS RELEASE |
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220 Liberty Street |
For Immediate Release |
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Warsaw, NY 14569 |
Financial Institutions, Inc. Announces Quarterly Dividend
Annual Meeting Set for May 6, 2015
WARSAW, N.Y. February 25, 2015 Financial Institutions, Inc. (the Company) (NASDAQ: FISI)
announced today that its Board of Directors has approved a quarterly cash dividend of $0.20 per
outstanding common share. The Company also announced dividends of $0.75 per share on Series A 3%
preferred stock and $2.12 per share on series B-1 8.48% preferred stock. All dividends are payable
April 2, 2015 to shareholders of record as of March 12, 2015.
The Company also announced that its 2015 Annual Meeting of Shareholders will be held at the
Woodcliff Hotel & Spa, 199 Woodcliff Drive, Fairport, New York 14450 on Wednesday, May 6, 2015, at
10:00 a.m. The record date for the Annual Meeting is March 12, 2015.
About Financial Institutions, Inc.
Financial Institutions, Inc. provides diversified financial services through its subsidiaries, Five
Star Bank and Scott Danahy Naylon. Five Star Bank provides a wide range of consumer and commercial
banking services to individuals, municipalities and businesses through a network of over 50 offices
throughout Western and Central New York State. Scott Danahy Naylon provides a broad range of
insurance services to personal and business clients across 44 states. Financial Institutions, Inc.
and its subsidiaries employ over 625 individuals. The Companys stock is listed on the Nasdaq
Global Select Market under the symbol FISI and is a member of the NASDAQ OMX ABA Community Bank
Index. Additional information is available at the Companys website: www.fiiwarsaw.com.
Safe Harbor Statement
This news release may contain forward-looking statements, within the meaning of federal
securities laws that involve significant risks and uncertainties. Statements herein are based on
certain assumptions and analyses by the Company and are factors it believes are appropriate in the
circumstances. Actual results could differ materially from those contained in or implied by such
statements for a variety of reasons including, but not limited to: changes in interest rates;
changes in accounting principles, policies, or guidelines; changes in the Companys dividend
policy; significant changes in the economic scenario: significant changes in regulatory
requirements; and significant changes in securities markets. Consequently, all forward-looking
statements made herein are qualified by these cautionary statements and the cautionary language in
the Companys Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other documents
filed with the SEC. Except as required by law, the Company undertakes no obligation to revise
these statements following the date of this news release.
*****
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For additional information contact: |
Kevin B. Klotzbach |
Executive VP, Chief Financial Officer & Treasurer |
Phone: 585.786.1130 |
Email: KBKlotzbach@five-starbank.com |
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Jordan Darrow |
Darrow Associates |
Phone: 631.367.1866 |
Email: jdarrow@darrowir.com |
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