RBB Bancorp filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

false 0001499422 0001499422 2024-08-21 2024-08-21

 

 

 

 

 

 

 

 

Registrant’s Telephone Number, Including Area Code: (213) 627-9888

 

 

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 Instructions A.2. below):

 

 

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12 (b) of the Act:

 

 

 

Item 8.01 Other Events.

 

On August 22, 2024, RBB Bancorp, and its subsidiaries, Royal Business Bank (the “Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as “the Company,” announced that on August 21, 2024, the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation terminated the Consent Order issued to the Bank that was effective October 25, 2023.  The termination of the Consent Order follows the Bank’s successful resolution of the deficiencies in the Bank’s Anti-Money Laundering/Countering the Financing of Terrorism (“BSA/CFT”) compliance program that was the subject of the order. 

 

A copy of the August 22, 2024 press release is attached hereto as Exhibit 99.1. 

 

 

 

 

 

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 thereunto duly authorized.