Current Report Filing (8-k)
August 26 2015 - 4:07PM
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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August 26, 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 August 26, 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 October 2, 2015 to shareholders of record as of September 10, 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 August 26, 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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August 26, 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 August 26, 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
WARSAW, N.Y. August 26, 2015 Financial Institutions, Inc. (the Company) (NASDAQ: FISI),
the parent company of Five Star Bank and Scott Danahy Naylon Insurance, 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 October 2, 2015 to
shareholders of record as of September 10, 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
and more than 60 ATMs 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 approximately 650 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 press release may contain forward-looking statements as defined by 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 press release.
*****
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For additional information contact:
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Kevin B. Klotzbach
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Jordan Darrow |
Executive VP, Chief Financial Officer & Treasurer
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Darrow Associates |
Phone: 585.786.1130
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Phone: 631.367.1866 |
Email: KBKlotzbach@five-starbank.com
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Email: jdarrow@darrowir.com |
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