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
April 21, 2000
FVNB CORP.
(Exact name of registrant as specified in its charter)
Commission file number: 333-47939
Texas 74-2871063
(State or other jurisdiction of incorporation (I.R.S. Employer
or organization) Identification No.)
101 S. Main Street
Victoria, Texas 77901
(Address of principal executive offices)
(361) 573-6321
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
The news release of FVNB Corp. dated April 19, 2000, attached and filed herewith
as Exhibit 99, is incorporated herein by reference. The release stated that on
April 18, 2000, the Board of Directors of First Victoria National Bank announced
that M. Russell Marshall, who currently serves as Executive Vice President and
Senior Trust Officer at First Victoria National Bank, will assume full-time
responsibilities as President and Chief Executive Officer of First Victoria
National Bank effective May 15, 2000. David M. Gaddis, who currently serves as
President and Chief Executive Officer of both First Victoria National Bank and
FVNB Corp., will assume full-time responsibilities as President and Chief
Executive Officer of FVNB Corp.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits
The following exhibit is filed as part of this report:
(99)News release of FVNB Corp. dated April 19, 2000.
2
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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 hereunto duly authorized.
FVNB CORP.
(Registrant)
By: /s/ DAVID M. GADDIS
---------------------
David M. Gaddis,
President and Chief Executive Officer
Date: April 19, 2000
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INDEX TO EXHIBIT
EXHIBIT NO. DESCRIPTION PAGE
- ----------- ----------- ----
99 News release of FVNB Corp. 5
dated April 19, 2000
4
EXHIBIT 99
PRESS RELEASE FOR FURTHER DAVID M. GADDIS
IMMEDIATE RELEASE INFORMATION: PRESIDENT & CEO
APRIL 19, 2000 FVNB CORP.
361-572-6500
FVNB CORP. LEAD BANK FILLS TOP POSITION
VICTORIA, TEXAS - The Board of Directors of First Victoria National Bank today
announced the appointment of M. Russell Marshall as President and Chief
Executive Officer of First Victoria National Bank effective May 15, 2000.
Marshall, who currently serves as Executive Vice President and Senior Trust
Officer at First Victoria National Bank, has been instrumental in leading the
bank's Trust and Investment Management Division to increased profitability and
substantial growth in assets under management. "This selection is the
culmination of a search process which the Board of Directors began in January
during which both internal and external candidates were considered. Russell
brings to the position leadership abilities and both technical and community
knowledge, which will serve us well in moving forward as a Premier Independent
Bank of Texas", commented David M. Gaddis.
Russell Marshall stated, "I appreciate the confidence placed in me by the
Board of Directors. I look forward to assuming additional responsibilities
leading to continued growth and profitability for First Victoria National Bank
and FVNB Corp."
Gaddis, who currently serves as President and Chief Executive Officer of
both First Victoria National Bank and FVNB Corp., will be assuming full-time
responsibilities as President and Chief Executive Officer of FVNB Corp.
FVNB Corp. is a multi-bank holding company whose principal subsidiaries
are First Victoria National Bank with locations in Victoria, Edna, Ganado, Port
Lavaca, and Taft, Texas, and Citizens Bank of Texas, N.A., with locations in New
Waverly, The Woodlands, and Huntsville, Texas. As of March 31, 2000 total
consolidated assets of the company were approximately $645 million and
consolidated equity capital was approximately $61 million.
["Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release which are not historical facts
contain forward looking information with respect to plans, projections or future
performance of FVNB Corp., the occurrence of which involve certain risks and
uncertainties detailed in the FVNB Corp. filings with the Securities Exchange
Commission.]
