secwatch.observer — SEC 8-K summary
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Issuer:     FIDELITY D & D BANCORP INC (FDBC)
CIK:        0001098151
Form:       8-K
Filed at:   2021-07-01T23:59:59+00:00
Accession:  0001098151-21-000030
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fidelity D & D Bancorp closes acquisition of Landmark Bancorp; issues ~651K shares & $7.8M cash
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- Landmark shareholders received 0.272 FDBC shares + $3.26 cash per share; Fidelity issued ~650,813 shares and $7.8M cash.
- Combined company has ~$2.3B assets, $2.1B deposits, and $1.4B loans.
- Paul C. Woelkers appointed to Fidelity's Board (Class C) and Fidelity Bank's Board.
- Acquisition expands Fidelity's presence in Luzerne County, PA market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098151/000109815121000030/0001098151-21-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098151/000109815121000030/fdbc-20210701x8k.htm
  HTML page:      https://secwatch.observer/filing/0001098151-21-000030

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