Item 2.02. Results of Operations and Financial Condition.
On
a press release announcing its financial
results
for the fourth quarter ended
99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 (the "Securities Act") or the Securities Exchange Act of 1934 (the "Exchange Act"). Item 7.01 Regulation FD Disclosure. As previously announced, at 9:00
a.m. ET on
Company will hold an earnings conference
call to discuss its financial performance for the quarter. A copy of the slides forming the basis of the presentation is being furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. A copy of the slides has also been posted to the Company's investor relations website, located at investors.uscenturybank.com OnJanuary 24, 2022 , the Board of Directors approved
a share repurchase program of up to 750,000 shares
of Class A common stock. Under the repurchase
program, the Company
may purchase shares of Class
A common stock on
a discretionary basis from time to time through open market repurchases, privately negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Exchange Act. The extent to which the Company repurchases its shares of Class A Common Stock and the timing of such purchases will depend upon market conditions, regulatory requirements, other liquidity requirements and priorities and other factors as may be considered in the Company's sole discretion. Repurchases may also be made pursuant to a trading plan under Rule 10b5-1 under the Exchange Act, which would permit shares to be repurchased when the Company might otherwise be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. The repurchase program has no expiration date and may be
modified, suspended, or terminated at any time. Repurchases under
this program will be funded from the Company's
existing cash and cash equivalents or future cash flow. The information in this Item
7.01, including Exhibits 99.1 and
99.2, shall not be deemed "filed"
for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise
subject to the liability of that section, and shall not be deemed
to be incorporated by reference into any filing under the Securities Act or the Exchange Act. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1
99.2
Earnings Presentation, dated
3
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