Unassociated Document
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
Date of
Report (Date of earliest event reported): April 30, 2009
HERITAGE COMMERCE
CORP
(Exact
name of registrant as specified in its charter)
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California
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000-23877
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77-0469558
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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150
Almaden Boulevard, San Jose, California
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95113
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (408) 947-6900
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Not
Applicable
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(Former
name or former address, if changed since last
report.)
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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 (See General Instruction A.2. below):
□ 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 OPERATIONS AND
FINANCIAL CONDITION
On April
30, 2009, Heritage Commerce Corp issued a press release announcing results for
the first quarter ended March 31, 2009. A copy of the press
release is attached as Exhibit 99.1 to this Current Report and is incorporated
herein by reference.
ITEM 8.01 OTHER
EVENTS
In the first quarter of
2006, Heritage Commerce Corp commenced the payment of cash dividends to common
stock shareholders. Although the Company remains "well-capitalized" as of March
31, 2009, the Board of Directors has approved a suspension of the payment
of cash dividends in view of its desire to preserve the capital of the Company
to support its banking activities in the markets it serves during this
challenging economy. The Board of Directors will periodically review
its position throughout 2009 and into
2010.
Heritage
Commerce Corp is scheduled to present at the D.A. Davidson 11th Annual
Financial Services Conference at the Bell Harbor Conference Center in
Seattle. Lawrence D. McGovern, Chief Financial Officer, and
Michael R. Ong, Chief Credit Officer, are scheduled to present on Thursday, May
7th
at 10:45 a.m. in the Marina Room. The presentation will be archived
for 90 days after the conference, and can be viewed at http://www.wsw.com/webcast/dadco15/htbk/. D.A.
Davidson & Co. is a full-service investment firm with offices in 16
states.
Heritage
Commerce Corp will hold its Annual Meeting of Shareholders at its Company
Headquarters in San Jose, California, on May 28, 2009 at 1:00 p.m.
(PDT).
ITEM 9.01 FINANCIAL STATEMENTS AND
EXHIBITS.
(D)
Exhibits.
| 99.1 |
Press Release,
dated April 30, 2009, entitled “Heritage Commerce
Corp Reports Financial Results for First Quarter
2009”
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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 thereunto
duly authorized.
Date: April
30, 2009
Heritage
Commerce Corp
By: /s/ Lawrence D.
McGovern
Name:
Lawrence D. McGovern
Executive
Vice President and Chief Financial Officer
By: /s/ Walter T.
Kaczmarek
Name:
Walter T. Kaczmarek
President
and Chief Executive Officer
INDEX TO EXHIBITS
EXHIBIT
NO. DESCRIPTION
| 99.1 |
Press
Release, dated April 30, 2009, entitled “Heritage Commerce Corp
Reports
Financial
Results for First Quarter 2009”
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