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)
December 11, 2009
ENTERPRISE FINANCIAL
SERVICES
CORP
(Exact name of
registrant as specified in its charter)
Delaware | 001-15373 | 43-1706259 |
(State or Other Jurisdiction | (Commission | (IRS Employer |
of Incorporation) | File Number) | Identification No.) |
150 N. Meramec, St. Louis, Missouri | 63105 |
(Address of principal executive offices) | (Zip Code) |
Registrants
telephone number, including area code
(314) 725-5500
Not applicable |
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 8.01 Other Events.
On December 11, 2009, Enterprise Financial Services Corp (the Company) announced that it has entered into a purchase and assumption agreement with the Federal Deposit Insurance Corporation (FDIC) to assume all of the deposits and certain assets of Valley Capital Bank (Valley) in the Phoenix suburb of Mesa, Arizona.
At September 30, 2009, Valley reported assets of approximately $40.3 million, loans of approximately $23.7 million, other real estate owned of approximately $5.2 million and deposits of approximately $41.3 million. As part of the purchase and assumption transaction, the Company and the FDIC have entered into a loss sharing agreement concerning the assets acquired.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not
applicable.
(c) Not applicable.
(d) Exhibits.
Exhibit | ||||
Number | Description | |||
99.1 | Press Release dated December 11, 2009 |
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.
ENTERPRISE FINANCIAL SERVICES CORP |
By: | |||
Date: December 14, 2009 | /s/ | Deborah N. Barstow | |
Deborah N. Barstow | |||
Senior Vice President and Controller | |||
INDEX TO EXHIBITS |
Exhibit No. | Description | ||
99.1 | Press Release dated December 11, 2009 |