- Current report filing (8-K)
January 27 2012 - 3:01PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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):
January
23, 2012
HMN Financial, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
0-24100
|
|
41-1777397
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
1016 Civic Center Drive Northwest
PO Box 6057
Rochester, Minnesota
|
|
55903-6057
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant's telephone number, including area code
(507) 535-1200
|
|
|
|
(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 2.02. Results of Operation and Financial Condition.
On January 23, 2012, HMN Financial, Inc. (the “Company”) issued a press
release that included financial information for its quarter ended
December 31, 2012. A copy of the press release is attached as Exhibit 99
to this Form 8-K and incorporated by reference into this Item 2.02. The
information included in the press release is to be considered furnished
under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”).
Item 5.02.
|
Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
|
On January 24, 2012, the Compensation Committee of the Board of
Directors of HMN Financial, Inc. (the “Company”), approved a grant of
discretionary cash retention awards to certain executive officers and
other employees of the Company and its wholly owned subsidiary, Home
Federal Savings Bank (the “Bank”). The grant of these awards is subject
to approval of the Company’s and the Bank’s primary regulator, the
Office of the Comptroller of the Currency (the “OCC”).
These awards, which are payable in three equal annual installments, are
for the purpose of retaining the persons who will receive these
awards. An employee will vest in an installment if the employee remains
employed on December 31 of each year and has been continuously employed
throughout the year, or else has died or become disabled during the
calendar year. The vested portion of the cash retention award will be
paid to the employee by normal payroll on January 31 in the year
following the year in which vesting occurs. The executive officers who
have been designated for an award and the aggregate amount payable
pursuant to the award are as follows: Dwain C. Jorgensen, Senior Vice
President of Facilities and Compliance of the Company and Bank, $5,738
($1,912.66 on January 31 in 2013, and $1,912.67 on January 31, 2014 and
2015); Susan K. Kolling, Senior Vice President of the Company and the
Bank, $9,494 ($3,164.66 on January 31 in 2013, and $3,164.67 on January
31, 2014 and 2015).
Item 9.01. Financial Statements and Exhibits
(d)
Exhibits
|
Exhibit Number
|
|
Description
|
|
|
|
|
|
99
|
|
Press Release dated January 23, 2012
|
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.
|
|
HMN Financial, Inc.
|
|
|
|
(Registrant)
|
|
|
|
|
|
Date:
|
January 27, 2012
|
/s/ Jon Eberle
|
|
|
|
|
|
|
|
|
|
|
|
Jon Eberle
|
|
|
|
Senior Vice President,
|
|
|
|
Chief Financial Officer and
Treasurer
|
|
Index to Exhibits
Exhibit No.
|
|
Description
|
|
|
|
Exhibit 99
|
|
Press Release dated January 23, 2012
|
HMN Financial (NASDAQ:HMNF)
Historical Stock Chart
From Jun 2024 to Jul 2024
HMN Financial (NASDAQ:HMNF)
Historical Stock Chart
From Jul 2023 to Jul 2024