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SOUTHWEST GEORGIA FINANCIAL CORP FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

May 28, 2014


The annual meeting of the shareholders of the Corporation was held on May 27, 2014. Total shares eligible to vote amounted to 2,547,837. A total of 2,135,667 shares (83.82%) were represented by shareholders in attendance or by proxy.

Proposal 1: Election of Directors

The following nine directors were elected to serve on the Board of Directors for one year until the next annual meeting.

Broker Director Votes For Votes Withheld Non-Votes Cecil H. Barber 1,478,390 16,394 640,883 John J. Cole, Jr. 1,478,640 16,144 640,883 DeWitt Drew 1,478,640 16,144 640,883 Michael J. McLean 1,478,640 16,144 640,883 Richard L. Moss 1,482,873 11,911 640,883 Roy H. Reeves 1,488,112 6,672 640,883 Johnny R. Slocumb 1,478,640 16,144 640,883 M. Lane Wear 1,478,640 16,144 640,883 Marcus R. Wells 1,478,640 16,144 640,883

Proposal 2: 2013 Omnibus Incentive Plan

The Directors and Officers Stock Purchase Plan was approved.

For Against Abstained Broker Non-Votes 1,373,441 20,880 100,463 640,883

Proposal 3: "Say on Pay" Resolution

The advisory "say on pay" resolution supporting the compensation plan for the executive officers was approved.

For Against Abstained Broker Non-Votes 1,334,937 8,594 151,253 640,883

Proposal 4: Appointment of Independent Auditors

Ratify TJS Deemer Dana, LLP, formally known as, Thigpen, Jones, Seaton & Co., P.C. was appointed as our independent auditors for the fiscal year 2014.

For Against Abstained Broker Non-Votes 2,110,978 518 24,171 0 ITEM 8.01 OTHER EVENTS

On May 28, 2014, Southwest Georgia Financial Corporation announced that its Board of Directors at its meeting declared a quarterly cash dividend of $0.08 per common share. The dividend is payable June 19, 2014, to shareholders of record on June 9, 2014. The Corporation paid a quarterly cash dividend of $0.08 per common share in March 2014. Southwest Georgia Financial Corporation or its predecessor, Southwest Georgia Bank, has paid cash dividends for 86 consecutive years.

A copy of that press release is attached as Exhibit 99.1 to this Current Report.


(c) Exhibits:

The following exhibit is furnished with this report.

Exhibit 99.1: Southwest Georgia Financial Corporation's press release dated May 28, 2014.

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Source: Edgar Glimpses

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