---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-21-000332"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2021-11-18T23:59:59+00:00"
generated_at: "2026-06-28T06:52:49.555206+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Two directors resign from Bancorp; Beach exits after 22 years, Tuan steps down in Feb 2022

## Summary
- Walter T. Beach resigns effective Dec 31, 2021 after 22 years on the board; cites pursuit of other opportunities.
- Mei-Mei H. Tuan resigns effective Feb 28, 2022 for personal reasons.
- Both departures are not due to any disagreement with the board, company, or management.
- No replacement directors named in the filing.

## SEC filing metadata
- accession: 0000950159-21-000332
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2021-11-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000332/0000950159-21-000332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000332/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-21-000332
- JSON: https://secwatch.observer/filing/0000950159-21-000332.json
- Plain text: https://secwatch.observer/filing/0000950159-21-000332.txt

## Key facts
- Executive change
  Mei-Mei H. Tuan resigned as Director at Bancorp, Inc..
  - Action: resigned
  - Role: Director
  source text: received notification from director Mei-Mei H. Tuan of her intention to resign from her role as a director of the Company, effective February 28, 2022, for personal reasons.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000332/0000950159-21-000332-index.htm
- Executive change
  Walter T. Beach resigned as Director at Bancorp, Inc..
  - Action: resigned
  - Role: Director
  source text: received notification from director Walter T. Beach of his intention to resign from his role as a director of the Company, effective December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000332/0000950159-21-000332-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.