Item 7.01 Regulation FD Disclosure
On July 31, 2014, HomeTrust Bank, the wholly owned subsidiary of HomeTrust
Bancshares, Inc. (NASDAQ: HTBI) ("HomeTrust"), completed its acquisition of Bank
of Commerce (BONC.OB), in accordance with the terms of the Agreement and Plan of
Share Exchange ("Agreement") between HomeTrust Bank and Bank of Commerce, dated
March 3, 2014. Under the terms of the Agreement, Bank of Commerce shareholders
received $6.25 per share in cash consideration, representing approximately $10.1
million of aggregate deal consideration. In addition, all $3.2 million of Bank
of Commerce's preferred stock was redeemed.
On August 4, 2014, HomeTrust issued a press release announcing the completion of
the acquisition. A copy of the press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated by reference herein.
In accordance with general instruction B.2 of Form 8-K, the information
contained in Item 7.01 in this Current Report on Form 8-K, including Exhibit
99.1, is to be considered "furnished" pursuant to Item 7.01 of Form 8-K and
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that Section or Sections 11 and 12(a)(2) of the Securities Act nor shall it be
deemed incorporated by reference in any Company filing or report with the
Securities and Exchange Commission, whether made before or after the date
hereof, except as shall be expressly set forth by specific reference in such a
filing or report.
Item 9.01 Financial Statements and Exhibits
99.1 Press release of HomeTrust Bancshares, Inc. dated August 4, 2014.