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): June
7, 2007
SCBT
FINANCIAL CORPORATION
(Exact
name of registrant as specified in its charter)
|
South
Carolina
(State
or other jurisdiction of
incorporation)
|
001-12669
(Commission
File
Number)
|
57-0799315
(IRS
Employer
Identification
No.)
|
|
520
Gervais Street
Columbia,
South Carolina
(Address
of principal executive offices)
|
29201
(Zip
Code)
|
(800)
277-2175
(Registrant’s
telephone number, including area code)
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:
| 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))
|
Item
4.01. Changes in Registrant’s Certifying Accountant
In
regard
to the external audit of SCBT Financial Corporation (“the Company” or “SCBT”),
SCBT’s Audit Committee has conducted a selection process for evaluating
potential external independent auditors, including its current external auditor,
J.W. Hunt and Company, LLP (“JW Hunt”). At the conclusion of this process, on
June 7, 2007, the Committee selected Dixon Hughes PLLC (“Dixon Hughes”) to serve
as the Company’s independent registered public accounting firm beginning with
the year 2008. In addition, the Company will terminate the engagement of JW
Hunt
as its independent registered public accounting firm effective upon JW Hunt’s
completion of its audit of the Company’s consolidated financial statements for
the year ending December 31, 2007 and the filing by the Company of its Form
10-K
for the year ending December 31, 2007. Dixon Hughes was selected from a number
of firms, including JW Hunt, who were invited to submit proposals. As a matter
of practice, the Company’s Audit Committee has typically requested new proposals
every three to four years from select firms. The Audit Committee was actively
involved in the discussions and ultimate decision to change the independent
registered public accounting firm.
The
audit
reports by JW Hunt on the Company’s consolidated financial statements for the
fiscal years ended December 31, 2006 and 2005 contained no adverse opinion
or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope, or accounting principles.
During
the
two most recent fiscal years ended December 31, 2006 and 2005 and through the
date of this Form 8-K, the Company has had no disagreements with JW Hunt on
any
matter of accounting principles or practices, financial statement disclosure,
or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of JW Hunt, would have caused JW Hunt to make reference to the
subject matter of the disagreement(s) in connection with their report on the
Company’s consolidated financial statements for such years.
The
Company has requested that JW Hunt furnish a letter addressed to the SEC stating
whether or not it agrees with the above statements. A copy of such letter,
dated
June 12, 2007, is filed as Exhibit 16 to this Form 8-K.
During
the
Company’s two most recent fiscal years ended December 31, 2006 and 2005, and
through the date of this Form 8-K, the Company did not consult with Dixon Hughes
regarding either (1) the application of accounting principles to a specified
transaction, either completed or proposed; or the type of audit opinion that
might be rendered on the Company’s consolidated financial statements, and
neither a written report was provided to the Company or oral advice was provided
that was an important factor considered by the Company in reaching a decision
as
to an accounting, auditing or financial reporting issue; or (2) any matter
that
was either the subject of a disagreement or reportable event as defined in
Item
304(a)(1)(iv) and (v) of Regulation S-K.
Item
9.01. Financial Statements and Exhibits
(d)
Exhibits.
|
Exhibit
No.
|
Description
|
|
|
16
|
Letter
dated June 12, 2007 from JW Hunt and Company,
LLP
|
2
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.
|
SCBT
FINANCIAL CORPORATION
|
||
| |
|
(Registrant) |
| Date: June 13, 2007 | /s/ John C. Pollok | |
|
John
C. Pollok
|
||
|
Senior
Executive Vice President and
Chief
Financial Officer
|
||
3
Exhibit
Index
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Exhibit
No.
|
Description
|
|
|
16
|
Letter
dated June 12, 2007 from JW Hunt and Company,
LLP
|
4