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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): October 1, 2021
 
Guaranty Federal Bancshares, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware 0-23325 43-1792717
(State or other jurisdiction of incorporation) (Commission file number) (IRS Employer Identification No.)
                                                                    
2144 E Republic Road, Suite F200
Springfield, Missouri 65804
(Address of principal executive offices and zip code)
 
Registrant's telephone number, including area code: (833) 875-2492
 
Not applicable
(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. to Form 8-K):
 
☐         Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐         Soliciting materials 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))
 
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, Par Value $0.10 per share
 
GFED
NASDAQ Global Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined by Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Act of 1934.
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period of complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
 
 
 
 
INCLUDED INFORMATION
 
Item 8.01 Other Events
 
On October 1, 2021, Guaranty Federal Bancshares, Inc., the holding company for Guaranty Bank, announced a dividend per common share of $0.15 for its third quarter ending September 30, 2021. The dividend will be payable on October 22, 2021 to stockholders of record on October 12, 2021. A copy of the press release is attached hereto as Exhibit 99.1.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit Number Description
   
99.1 Press release dated October 1, 2021
   
104 Cover Page Interactive Data File (formatted as Inline XBRL)
 
 
  
 
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.
 
 
Guaranty Federal Bancshares, Inc.
 
By: /s/ Shaun A. Burke
 
Shaun A. Burke
President and Chief Executive Officer
 
Date: October 1, 2021
 
 

Exhibit 99.1

EX_288448IMG001.GIF

 

For Immediate Release

 

Contacts:

Shaun A. Burke, President and CEO or Carter M. Peters, CFO

2144 E. Republic Road, Suite F200

Springfield, MO 65804

1.833.875.2492     

            

 

GUARANTY FEDERAL BANCSHARES, INC. ANNOUNCES QUARTERLY DIVIDEND

 

 

SPRINGFIELD, MO – (October 1, 2021) –Guaranty Federal Bancshares, Inc., (NASDAQ: GFED), the holding company (the “Company”) for Guaranty Bank, today announces a dividend per common share of $0.15 for its third quarter ending September 30, 2021. The dividend will be payable on October 22, 2021 to stockholders of record on October 12, 2021.

 

 

About Guaranty Federal Bancshares, Inc.

 

Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) has a subsidiary corporation offering full banking services. The principal subsidiary, Guaranty Bank, is headquartered in Springfield, Missouri, and has 16 full-service branches in Greene, Christian, Jasper and Newton Counties and a Loan Production Office in Webster County. Guaranty Bank is a member of the MoneyPass ATM network which provides its customers surcharge free access to over 37,000 ATMs nationwide. For more information visit the Guaranty Bank website: www.gbankmo.com.

 

The Company may from time to time make written or oral “forward-looking statements,” including statements contained in the Company’s filings with the SEC, in its reports to stockholders and in other communications by the Company, which are made in good faith by the Company pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “estimates,” “believes,” “expects,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means of identifying such statements.

 

These forward-looking statements involve risks and uncertainties, such as statements of the Company’s plans, objectives, expectations, estimates and intentions, that are subject to change based on various important factors (some of which are beyond the Company’s control). The following factors, among others, could cause the Company’s financial performance to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements:

 

● the strength of the United States economy in general and the strength of the local economies in which we conduct operations;

● the effects of the COVID-19 pandemic, including on our credit quality and business operations, as well as its impact on general economic and financial market conditions;

● the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve, inflation, interest rates, market and monetary fluctuations;

● the timely development of and acceptance of new products and services and the perceived overall value of these products and services by users, including the features, pricing and quality compared to competitors’ products and services;

● the willingness of users to substitute competitors’ products and services for our products and services;

● our success in gaining regulatory approval of our products and services, when required;

● the impact of changes in financial services laws and regulations (including laws concerning taxes, banking, securities and insurance);

● technological changes;

● the ability to successfully manage and integrate any future acquisitions if and when our board of directors and management conclude any such acquisitions are appropriate;

● changes in consumer spending and saving habits;

● our success at managing the risks resulting from these factors; and

● other factors set forth in reports and other documents filed by the Company with the SEC from time to time.