UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K/A

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 30, 2019

 

First Busey Corporation
(Exact name of registrant as specified in charter)

 

Nevada

 

0-15950

 

37-1078406

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

100 W. University Ave.
Champaign, Illinois  61820
(Address of principal executive offices) (Zip code)

 

(217) 365-4544
(Registrant’s telephone number, including area code)

 

N/A
(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 (see General Instruction A.2. below):

 

o    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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined by Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

 

Emerging growth company  o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                  ¨

 

 

 


 

Item 2.01                                  Completion of Acquisition or Disposition of Assets.

 

On January 31, 2019, First Busey Corporation, a Nevada corporation (“First Busey”), completed its previously announced merger (the “Merger”) with The Banc Ed Corp., a Delaware corporation (“Banc Ed”), pursuant to an Agreement and Plan of Merger, dated August 21, 2018, by and between First Busey and Banc Ed (the “Merger Agreement”). Under the terms of the Merger Agreement, Banc Ed was merged into First Busey with First Busey remaining as the surviving entity.  On February 1, 2019, First Busey filed a Current Report on Form 8-K with the Securities and Exchange Commission to report the completion of the Merger and other related matters. The purpose of this filing is to amend the Form 8-K filed on February 1, 2019 to include the information required by Items 9.01(a) and (b).

 

Item 9.01.        Financial Statements and Exhibits.

 

(a)        Financial Statements of Business Acquired.

 

The audited consolidated financial statements of The Banc Ed Corp. and its Subsidiary (TheBank of Edwardsville) as of December 31, 2018 and 2017 and for each of the two years ended December 31, 2018  and 2017, as well as the accompanying notes thereto and the related Independent  Auditors’ Report, are filed herewith as Exhibit 99.1 and incorporated herein by reference.

 

(b)        Pro Forma Financial Information.

 

The unaudited pro forma condensed combined balance sheet of First Busey as of December 31, 2018 and the unaudited pro forma condensed combined income statement of First Busey for the year ended December 31, 2018, are filed herewith as Exhibit 99.2 and incorporated herein by reference.

 

(d)        Exhibits.

 

23.1                    Consent of BKD, LLP

 

99.1                  Audited consolidated financial statements of The Banc Ed Corp. and its Subsidiary (TheBank of Edwardsville) as of December 31, 2018 and 2017 and for each of the two years ended December 31, 2018 and 2017, as well as the accompanying notes thereto and the related  Independent  Auditor’s Report.

 

99.2                    Unaudited pro forma condensed combined balance sheet of First Busey as of December 31, 2018 and the unaudited pro forma condensed combined income statements of First Busey for the year ended December 31, 2018.

 


 

Signature

 

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.

 

Date:   April 18, 2019

FIRST BUSEY CORPORATION

 

 

 

 

 

 

 

By:

/s/ Robin N. Elliott

 

 

Name:

Robin N. Elliott

 

Title:

Chief Operating Officer and Chief Financial Officer