Item 2.02 Results of Operations and Financial Condition.
On January 29, 2021, FNCB Bancorp, Inc. ("FNCB") issued a press release
announcing its unaudited results of operations for the fourth quarter and year
ended December 31, 2020 and financial condition as of December 31, 2020. A copy
of the press release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference. The information and exhibit contained in this Item 2.02 are
being furnished and shall not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934 as amended (the "Exchange Act"), nor shall
it be incorporated by reference into any filing under the Securities Act of
1933, as amended, except as shall be expressly set forth by specific reference
in such filing.
Item 8.01 Other Events
FNCB announced today that on January 27, 2021 its Board of Directors authorized
a stock repurchase program under which up to 975,000 shares of its outstanding
common stock may be acquired in the open market between February 3, 2021 and
December 31, 2021 pursuant to a trading plan that may be adopted in accordance
with Rule 10b5-1 of the Exchange Act. Repurchases under the repurchase program
will be administered through an independent broker. Repurchases are subject to
SEC regulations as well as certain price, market volume and timing constraints
specified in the plan. A press release announcing the repurchase program was
issued and is attached hereto as Exhibit 99.1 and the disclosures under the
headings "Stock Repurchase Program" and "Forwarding-looking Statements" are
incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
Exhibits:
99.1 Press Release issued January 29, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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