UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(Amendment No. 1)
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the Quarterly Period ended March 31, 2018
Or
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For transition period from to
Commission File Number 001-35033
Oconee Federal Financial Corp.
(Exact Name of Registrant as Specified in Charter)
| Federal | 32-0330122 | |
(State of Other Jurisdiction of Incorporation) |
(I.R.S Employer Identification Number) | |
| 201 East North Second Street, Seneca, South Carolina | 29678 | |
| (Address of Principal Executive Officers) | (Zip Code) | |
(864) 882-2765
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐.
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
| Large accelerated filer | ☐ | Accelerated filer | ☐ | ||
| Non-accelerated filer | ☐ | Smaller reporting company | ☒ | ||
| (Do not check if a smaller reporting company) | |||||
| 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. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
Indicate the number of shares outstanding of each of the Issuer’s classes of common stock as of the latest practicable date.
There were 5,774,589 shares of Common Stock, par value $0.01 per share, outstanding as of May 8, 2018.
EXPLANATORY NOTE
This Amendment No. 1 to Form 10-Q on Form 10-Q/A (this "Amendment ") of Oconee Federal Financial Corp. (the "Company") is filed solely to include the proper dates upon which the signature and each of the certificates filed as Exhibits 31.1, 31.2, and 32 to the original Form 10-Q were signed.
As required by Rule 12b-15 of the Securities Exchange Act of 1934, as amended, new certifications by our principal executive officer and principal financial officer are filed herewith as exhibits to this Amendment. Except as described above, no attempt has been made in this Amendment to modify or update other items or disclosures presented in the original Form 10-Q. This Amendment does not reflect events occurring after the date of the original Form 10-Q or modify or update those disclosures that may be affected by subsequent events.
The exhibits required by Item 601 of Regulation S-K are included with this Form 10-Q and are listed in the “Index to Exhibits” immediately following the 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 thereunto duly authorized.
| Oconee Federal Financial Corp. | |
| Date: May 14, 2018 | |
/s/ Curtis T. Evatt | |
| Curtis T. Evatt | |
| President and Chief Executive Officer | |
| /s/ John W. Hobbs | |
| John W. Hobbs | |
| Senior Vice President and Chief Financial Officer |
Exhibit |
Description | |
| 31.1 | Certification of Curtis T. Evatt, President and Chief Executive Officer, Pursuant to Rule 13a-14(a) and Rule 15d-14(a). | |
| 31.2 | Certification of John W. Hobbs, Senior Vice President and Chief Financial Officer, Pursuant to Rule 13a-14(a) and Rule 15d-14(a). | |
| 32 | Certification of Curtis T. Evatt, President and Chief Executive Officer, and John W. Hobbs, Senior Vice President and Chief Financial Officer, Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | |
| 101 | The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, formatted in XBRL (Extensible Business Reporting Language): | |
| (i) | Consolidated Balance Sheets |
| (ii) | Consolidated Statements of Income and Comprehensive Income |
| (iii) | Consolidated Statements of Changes In Shareholders’ Equity |
| (iv) | Consolidated Statements of Cash Flows, and |
| (v) | Notes to The Consolidated Financial Statements |