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): February 2, 2018

 

ENB Financial Corp

(Exact name of Registrant as specified in its charter)

 

Pennsylvania   000-53297   51-0661129

(State or other

jurisdiction of

incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

31 E. Main St., Ephrata, PA   17522-0457
(Address of principal executive offices)   (Zip Code)

 

717.733.4181

(Registrant’s telephone number, including area code)

 

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. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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 o

 

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. o

 

 

 

CURRENT REPORT ON FORM 8-K

 

ITEM 8.01OTHER EVENTS.

 

On February 2, 2018 ENB Financial Corp was saddened to learn of the untimely February 1, 2018 death of a former employee that was covered under Ephrata National Bank’s executive bank owned life insurance (BOLI) plan.

 

The Bank purchased and is the beneficiary of all BOLI life insurance policies. The purpose of the life insurance policies is to supplement employee benefits. Due to the death of this employee, the Bank will be receiving the face amount of life insurance plus the net cash surrender value on all applicable policies.

 

This event is expected to positively impact the Corporation’s net income by approximately $910,000 in the first quarter of 2018.

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  ENB FINANCIAL CORP
  (Registrant)    
          
          
Dated: February 13, 2018 By:  /s/ Scott E. Lied             
  Scott E. Lied
  Treasurer
   (Principal Financial Officer)